Bakkt, Inc.
BKKTNYSE
$7.25
↓ -7.8%Jul 17 close · end-of-day
Price
1Y↓ -66.1%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$205.8M
Enterprise Value
$125.8M
P/E
—
P/S
—
P/B
1.2
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
—
Net Income (TTM)
-$126.6M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
—
Net Margin
—
ROE
-74.1%
ROIC
-129.8%
Debt / Equity
—
Net Cash
$80.0M
Return 1Y
-69.9%
Company profile
Bakkt Holdings, Inc. operates a digital asset platform. The company's platform enables consumers to buy, sell, convert, and spend digital assets. Its customers include merchants, retailers, and financial institutions.
- CEO
- Gavin Michael
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Banking
- Employees
- 760
- Headquarters
- Georgia
- Website
- bakkt.com
Management & directors
- Alexander KarenChief Financial Officer
- D'Annunzio MarcGeneral Counsel and Secretary
- Henderson Joseph Sean-WalshChief Accounting Officer
- Baes NicholasChief Operating Officer
- Naheta Akshay SudhirChief Executive Officer
- Main Andrew ACo-CEO & President
Roles derived from SEC Form 4 filings.
Earnings
BKKT Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue——
Diluted EPS-$0.41↓ -136.3%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $28.5M | $1.7M | $727.0M | $3.4B | $2.3B |
| Gross profit | — | — | — | — | — |
| Operating income | -$79.1M | -$2.0B | -$156.2M | -$82.6M | -$147.8M |
| Net income | -$79.6M | -$578.1M | -$74.9M | -$46.7M | -$107.2M |
| Diluted EPS | — | -$203.08 | -$21.01 | -$7.97 | -$8.87 |
| Operating cash flow | -$30.9M | -$117.6M | -$60.7M | -$21.2M | -$153.4M |
| Free cash flow | — | — | — | — | — |
| Gross margin | — | — | — | — | — |
| Operating margin | -277.7% | -114008.8% | -21.5% | -2.4% | -6.3% |
| Net margin | -279.4% | -33129.2% | -10.3% | -1.4% | -4.6% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $509.9M | $328.4M | $1.7B | $1.1B | $577.9M | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$22.0M | -$25.1M | -$3.6M | -$15.4M | -$18.5M | -$25.3M | -$88.6M | -$16.9M |
| Net income | -$16.4M | -$2.9M | -$19.2M | $7.7M | -$14.7M | -$14.9M | -$85.3M | -$11.7M |
| Diluted EPS | -$2.67 | -$0.45 | -$2.99 | $1.13 | -$2.16 | -$1.15 | -$6.69 | -$0.41 |
| Operating cash flow | -$65.9M | -$25.1M | $31.4M | -$101.3M | $5.4M | -$46.7M | -$10.8M | -$12.1M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | -4.3% | -7.7% | -0.2% | -1.4% | -3.2% | — | — | — |
| Net margin | -3.2% | -0.9% | -1.1% | 0.7% | -2.5% | — | — | — |
Company news
May 12, 2026
Mar 16, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-15 | Alexander Karen· Chief Financial Officer | Sale | 657 | $8.44 | $5,545.08 | filing |
| 2026-07-15 | D'Annunzio Marc· General Counsel & Secretary | Sale | 539 | $8.44 | $4,549.16 | filing |
| 2026-07-15 | Henderson Joseph Sean-Walsh· Chief Accounting Officer | Sale | 94 | $8.33 | $783.02 | filing |
| 2026-06-26 | D'Annunzio Marc· General Counsel & Secretary | Sale | 1,357 | $7.71 | $10,462.47 | filing |
| 2026-06-25 | Alexander Karen· Chief Financial Officer | Sale | 1,907 | $7.93 | $15,122.51 | filing |
| 2026-06-25 | Baes Nicholas· Chief Operating Officer | Sale | 1,562 | $7.93 | $12,386.66 | filing |
| 2026-06-25 | D'Annunzio Marc· General Counsel & Secretary | Sale | 1,562 | $7.93 | $12,386.66 | filing |
| 2026-06-25 | Henderson Joseph Sean-Walsh· Chief Accounting Officer | Sale | 349 | $7.93 | $2,767.57 | filing |
| 2026-06-10 | ALFRED MICHAEL | Buy | 100,000 | $7.83 | $783,000.00 | filing |
| 2026-06-09 | ALFRED MICHAEL | Buy | 180,000 | $7.71 | $1.4M | filing |
| 2026-05-18 | ALFRED MICHAEL | Buy | 220,000 | $8.20 | $1.8M | filing |
| 2026-05-15 | ALFRED MICHAEL | Buy | 365,000 | $8.34 | $3.0M | filing |
| 2026-05-15 | Naheta Akshay Sudhir· Chief Executive Officer | Option exercise | 33,557 | $10.00 | $335,570.00 | filing |
| 2026-05-15 | D'Annunzio Marc· General Counsel & Secretary | Option exercise | 1,677 | $10.00 | $16,770.00 | filing |
| 2026-05-15 | Baes Nicholas· Chief Operating Officer | Option exercise | 671 | $10.00 | $6,710.00 | filing |
| 2026-05-15 | Alexander Karen· Chief Financial Officer | Option exercise | 335 | $10.00 | $3,350.00 | filing |
| 2026-04-30 | Naheta Akshay Sudhir· CEO and President | Award | 7,927,831 | — | — | filing |
| 2026-04-28 | Alexander Karen· Chief Financial Officer | Sale | 4,684 | $9.13 | $42,764.92 | filing |
| 2026-04-28 | D'Annunzio Marc· General Counsel & Secretary | Sale | 3,789 | $9.13 | $34,593.57 | filing |
| 2026-04-28 | D'Annunzio Marc· General Counsel & Secretary | Sale | 3,991 | $8.60 | $34,322.60 | filing |
| 2026-04-28 | Baes Nicholas· Chief Operating Officer | Sale | 2,352 | $9.13 | $21,473.76 | filing |
| 2026-04-06 | Baes Nicholas· Chief Operating Officer | Sale | 711 | $7.56 | $5,375.16 | filing |
| 2026-03-30 | D'Annunzio Marc· General Counsel and Secretary | Sale | 5,342 | $7.08 | $37,814.95 | filing |
| 2026-03-27 | D'Annunzio Marc· General Counsel and Secretary | Sale | 6,422 | $8.55 | $54,908.10 | filing |
| 2026-02-24 | D'Annunzio Marc· General Counsel and Secretary | Sale | 785 | $10.09 | $7,924.34 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.