Bakkt, Inc. Income Statement
BKKT|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$2.3B
FY2025
Gross Profit
N/A
FY2025
Operating Income
-$148M
FY2025
Net Income
-$107M
FY2025
Bakkt, Inc. reported $2.3B in revenue and $107M in net loss for FY2025. Revenue has grown at a 200.9% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Piotroski F-Score: 2/9 criteria passed
- Currently unprofitable: Net income is negative
- Accrual-heavy earnings: Net income significantly exceeds operating cash flow
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $2.3B | $3.4B | $727.0M | $28.0M | $28.5M |
| Operating Income | -$147.8M | -$82.6M | -$156.2M | -$140.1M | -$79.1M |
| Interest Expense | - | - | - | -$247.0K | $123.0K |
| Income Tax | -$49.0K | $110.0K | $355.0K | -$602.0K | $391.0K |
| Net Income | -$107.2M | -$46.7M | -$74.9M | -$139.2M | -$79.6M |
| EPS (Basic) | -$21.01 | -$203.08 | -$8.12 | -$8.12 | -$0.81 |
| EPS (Diluted) | -$21.01 | -$203.08 | -$8.12 | -$8.12 | -$0.81 |
| Shares Outstanding | 3.6M | 2.8M | 71.2M | 54.0M | 54.0M |
| Operating Margin | -6.3% | -2.4% | -21.5% | -501.0% | -277.7% |
| Profit Margin | -4.6% | -1.4% | -10.3% | -498.0% | -279.4% |