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Bakkt BKKT Customer funds payable

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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

Reported directly by Bakkt in its filing.

Tagged under the XBRL concept bakkt:IncreaseDecreaseInCustomerFundsPayable.

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 customer funds payable?
Bakkt (BKKT) reported customer funds payable of $2.73M in Q1 2026.
How has Bakkt 's customer funds payable changed year-over-year?
Bakkt 's customer funds payable increased by 103.6% year-over-year, from -$76.56M to $2.73M.
What does customer funds payable mean?
Represents the net change in liabilities owed to customers for funds held in custody or on deposit within the platform. This metric reflects the volatility of customer balances and the company's obligation to return these funds upon demand. Fluctuations indicate shifts in user activity and the scale of assets managed on behalf of clients.