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Bakkt BKKT Other operating expenses

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Segments

By segment

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Reportable Segment$1.72M+59.5%

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$342.01M+120%
Enterprise value$262.1M+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:OperatingExpenses.

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
Depreciation and amortization66220
Restructuring expenses228
Other operating expenses58
Total operating expenses260,5171,081,193
Operating loss from continuing operations(16,924)(15,437)
Interest income, net185622
Gain from change in fair value of warrant liability4,70032,247
Change in fair value of derivative instrument(224)

Item 1. Consolidated Financial Statements (Unaudited).

FAQ

What is Bakkt's other operating expenses?
Bakkt (BKKT) reported other operating expenses of $260.52M in Q1 2026.
How has Bakkt's other operating expenses changed year-over-year?
Bakkt's other operating expenses decreased by 75.9% year-over-year, from $1.08B to $260.52M.
What is the long-term trend for Bakkt's other operating expenses?
Over 4 years (2021 to 2025), Bakkt's other operating expenses has grown at a 87.6% compound annual growth rate (CAGR), from $201.4M to $2.5B.
What does other operating expenses mean?
Residual operating expenses not classified into specific categories, serving as a catch-all for miscellaneous operating costs.

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