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Bakkt BKKT Net Income

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Other financials

Income statement

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Revenue$577.9M+13.3%
Operating income-$16.9M-9.6%
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$336.64M+120%
Enterprise value$256.74M+91.5%

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

Reported directly by Bakkt in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Bakkt’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:33 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-033576
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Net (loss) income from continuing operations(11,650)19,388
Net loss from discontinued operations, net of tax(3,149)
Net (loss) income(11,650)16,239
Less: Net income attributable to noncontrolling interest8,529
Net (loss) income attributable to Bakkt, Inc.$(11,650)$7,710
Net (loss) income per share attributable to Class A Common Stockholders:
Basic$(0.41)$1.18
Diluted$(0.41)$1.13

Item 1. Consolidated Financial Statements (Unaudited).

FAQ

What is Bakkt's net income?
Bakkt (BKKT) reported net income of -$11.65M in Q1 2026.
How has Bakkt's net income changed year-over-year?
Bakkt's net income decreased by 251.1% year-over-year, from $7.71M to -$11.65M.
What is the long-term trend for Bakkt's net income?
Over 4 years (2021 to 2025), Bakkt's net income has grown at a -17.3% compound annual growth rate (CAGR), from -$228.78M to -$107.21M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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