What is Bakkt 's total revenue?

Bakkt (BKKT) reported total revenue of $577.88M in Q2 2025.

How has Bakkt 's total revenue changed year-over-year?

Bakkt 's total revenue increased by 13.3% year-over-year, from $509.9M to $577.88M.

What is the long-term trend for Bakkt 's total revenue?

Over 3 years (2021 to 2024), Bakkt 's total revenue has grown at a 352.0% compound annual growth rate (CAGR), from $37.25M to $3.44B.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

Bakkt BKKT Total Revenue

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Segments

By product

See full

Transaction revenue$243.4M-77.2%

Service revenue$197K+1,213%

By segment

See full

Reportable Segment$243.59M-77.1%

Other financials

Income statement

See full

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Bakkt ’s 10-Q, filed August 11, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bakkt 's total revenue?: Bakkt (BKKT) reported total revenue of $577.88M in Q2 2025.
How has Bakkt 's total revenue changed year-over-year?: Bakkt 's total revenue increased by 13.3% year-over-year, from $509.9M to $577.88M.
What is the long-term trend for Bakkt 's total revenue?: Over 3 years (2021 to 2024), Bakkt 's total revenue has grown at a 352.0% compound annual growth rate (CAGR), from $37.25M to $3.44B.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.