Company / Revenue
Bakkt, Inc. Revenue History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$2.3B
FY2025
5-year range
$28.0M / $3.4B
FY2021-FY2025
Trend
-32.1%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from $727M to $2.3B over the past 2 years.
Based on SEC 10-K filings.
$2.3B in FY2025 with a 3-year CAGR of +337.1%.
Improved from $727M to $2.3B over the past 2 years.
Revenue over time
Growth rates
- 3-Year CAGR
- +337.1%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of +337.1%, indicating consistent growth.
- In FY2025, revenue decreased 32.1% year-over-year.
- Peak revenue was recorded in FY2024.
- Lowest revenue in the period was in FY2022.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 7.91 (safe zone, above 2.9 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.3B | -32.1% |
| FY2024 | $3.4B | +373.3% |
| FY2023 | $727.0M | +2500.5% |
| FY2022 | $28.0M | -1.9% |
| FY2021 | $28.5M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026