Bakkt
Quarterly Financials
| Values in thousands | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
Revenue | $243,593 | $299,173 | $402,211 | $577,882 |
Gross Profit | -3,045 | -48,069 | -16,227 | 550,788 |
EBITDA | -11,572 | -68,670 | -19,523 | -29,885 |
EBIT | -11,638 | -68,750 | -19,676 | -30,039 |
Net Income | -11,650 | -85,269 | -14,918 | -14,734 |
Net Change In Cash | 243,593 | 299,173 | 402,211 | 577,882 |
Free Cash Flow | -12,821 | -7,142 | -49,861 | 5,333 |
Cash | 79,984 | 26,962 | 58,319 | 43,493 |
Basic Shares | 13,385 | 13,385 | 6,825 | 6,825 |
Annual Financials
| Values in thousands | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
Revenue | $2,335,243 | $3,490,220 | $780,136 | $56,224 |
Gross Profit | 26,853 | 87,013 | 61,625 | -113,044 |
EBITDA | -97,100 | -83,362 | -114,287 | 1,672,987 |
EBIT | -97,707 | -83,705 | -128,219 | 1,647,637 |
Net Income | -107,212 | -46,659 | -74,854 | -1,989,934 |
Net Change In Cash | 2,335,243 | 3,490,220 | 780,136 | 56,224 |
Cost of Revenue | -292,142 | |||
Free Cash Flow | -153,399 | -24,290 | -70,130 | -148,140 |
Cash | 27,537 | 39,049 | 52,882 | 98,332 |
Basic Shares | 6,825 | 5,855 | 3,563 | 2,846 |
Earnings Calls
| Quarter | EPS |
|---|---|
2026-03-31 | -$0.57 |
2025-12-31 | -$6.39 |
2025-09-30 | $2.46 |
2025-06-30 | -$2.16 |