What is Bakkt 's gain (loss) on mark-to-market of escrowed shares?

Bakkt (BKKT) reported gain (loss) on mark-to-market of escrowed shares of $3.49M in Q4 2025.

What does gain (loss) on mark-to-market of escrowed shares mean?

Represents the non-cash impact of mark-to-market adjustments on derivative financial instruments held by the company. These fluctuations reflect changes in the fair value of hedges or speculative positions due to market price movements. This metric helps investors isolate the impact of market volatility from core operational performance.

Bakkt BKKT Gain (loss) on mark-to-market of Escrowed Shares

Gain (loss) on mark-to-market of Escrowed Shares at other companies

Open TextOTEX

$14.51M+248%

FuelCell EnergyFCEL

-$4.49M—

Contango Silver & Gold CTGO

$31.9M+179%

Group 1 AutomotiveGPI

$600K+220%

Comstock Inc.LODE

-$722.02K+39.4%

Universal Technical InstituteUTI

-$103K-127%

Other financials

Income statement

See full

Revenue$577.9M+13.3%

Operating income-$16.9M-9.6%

Net income-$11.7M-251%

EPS (diluted)-$0.41-136%

Balance sheet

See full

Cash & equivalents$80.0M+248%

Total debt$79.0K—

Total equity$170.9M+288%

Total assets$213.4M+21.0%

Cash flow

See full

Operating cash flow-$12.1M+88.1%

CapEx$19.0K-95.9%

Free cash flow-$101.4M-377%

Valuation

See full

Market cap$350.06M+286%

Enterprise value$270.15M—

P/S0.1×-0.2×

Profitability

See full

Operating margin-1.9%-0.8pp

Net margin-0.8%-0.3pp

FCF margin-3.4%—

Returns & leverage

See full

Return on equity-117.8%+1,634pp

Debt / equity0×—

Current ratio4.1×+2.5×

Where this comes from

Reported directly by Bakkt in its filing.

Tagged under the XBRL concept us-gaap:UnrealizedGainLossOnDerivatives.

The official record: Bakkt ’s 10-K, filed March 19, 2026, on SEC EDGAR. View the filing →

Ask your AI about Bakkt 's gain (loss) on mark-to-market of escrowed shares.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Bakkt 's gain (loss) on mark-to-market of escrowed shares?: Bakkt (BKKT) reported gain (loss) on mark-to-market of escrowed shares of $3.49M in Q4 2025.
What does gain (loss) on mark-to-market of escrowed shares mean?: Represents the non-cash impact of mark-to-market adjustments on derivative financial instruments held by the company. These fluctuations reflect changes in the fair value of hedges or speculative positions due to market price movements. This metric helps investors isolate the impact of market volatility from core operational performance.