Bakkt, Inc. (BKKT) Stock

About Bakkt, Inc.

Bakkt, Inc. is led by CEO Akshay Naheta, employs 559 people, headquartered in US, publicly traded since 2020.

Bakkt, Inc. (BKKT) stock trades at $5.06 with a market capitalization of $228.05M. The stock is valued at a negative price-to-earnings (P/E) ratio of -1.04, reflecting a net loss over the last twelve months, price-to-book of 0.90, price-to-sales of 0.31. Over the past 52 weeks the stock has ranged between $5.05 and $47.18, and currently trades 89.3% below its 52-week high.

On profitability, Bakkt, Inc. generates a return on equity (ROE) of -16.48% (negative, reflecting a net loss), return on capital employed of -33.72%, an operating margin of -6.08%, a net profit margin of -2.78%.

Bakkt, Inc. by the numbers, 2019–2025

Between 2019 and 2025 Bakkt, Inc. reported revenue of $-1.0M rising to $2.3B, a change of +233600.0% across 7 years. Compounded, revenue has grown 142.2% a year over five years, 246.8% over three, -33.1% over the last twelve months. Net profit fell to $-107.0M.

Operating margin went from 4160.6% in 2019 to -6.1% in 2025, a fall of 4166.7 percentage points. The most recent net margin is -2.78%. On a trailing twelve-month basis to Jun '26, revenue is $1.1B and net profit $-31.0M.

Borrowings stand at $1.0M, cash from operations was $-149.0M in the latest year, positive in 0 of the last 7.

Return on equity has averaged -204.0% over five years, and was -94.7% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Bakkt, Inc. (BKKT) — frequently asked questions