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Bakkt BKKT EBITDA

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Other financials

Income statement

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Revenue$577.9M+13.3%
Operating income-$16.9M-9.6%
Net income-$11.7M-251%
EPS (diluted)-$0.41-136%

Balance sheet

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Cash & equivalents$80.0M+248%
Total debt$79.0K
Total equity$170.9M+288%
Total assets$213.4M+21.0%

Cash flow

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Operating cash flow-$12.1M+88.1%
CapEx$19.0K-95.9%
Free cash flow-$101.4M-377%

Valuation

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Market cap$350.06M+286%
Enterprise value$270.15M
P/S0.1×-0.2×

Profitability

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Operating margin-1.9%-0.8pp
Net margin-0.8%-0.3pp
FCF margin-3.4%

Returns & leverage

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Return on equity-117.8%+1,634pp
Debt / equity
Current ratio4.1×+2.5×

Where this comes from

Calculated from Bakkt ’s reported figures.

$16.9Mebit+
$66.0KDepreciation Depletion & Amortization
=-$16.86M

The official record: Bakkt ’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bakkt 's EBITDA?
Bakkt (BKKT) reported EBITDA of -$16.86M in Q1 2026.
How has Bakkt 's EBITDA changed year-over-year?
Bakkt 's EBITDA decreased by 10.8% year-over-year, from -$15.22M to -$16.86M.
What is the long-term trend for Bakkt 's EBITDA?
Over 4 years (2021 to 2025), Bakkt 's EBITDA has grown at a -0.0% compound annual growth rate (CAGR), from -$149.73M to -$149.6M.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.