For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues and gains from operations-Sales Channel Alternative Payment Platform | - | - | 402,211 | - |
| Total revenues | - | 601,597* | - | 577,882 |
| Revenue | 243,593 | - | - | - |
| Crypto costs | 239,970 | 628,966* | 396,815 | 561,074 |
| Execution, clearing and brokerage fees | 1,980 | 6,280* | 3,965 | 4,139 |
| Compensation and benefits | 6,602 | 35,024* | 8,084 | 20,124 |
| Related party expenses | - | 0* | 0 | 0 |
| Professional services | 7,745 | 8,107* | 7,364 | 4,069 |
| Technology and communication | 1,787 | -359* | 2,210 | 2,901 |
| Selling, general and administrative | 2,362 | 2,465* | 3,211 | 3,590 |
| Acquisition-related expenses | - | 13* | - | - |
| Goodwill and intangible assets impairments | - | 0* | - | - |
| Impairment of long-lived assets | - | - | - | 0 |
| Tra settlement expense | - | 6,719* | - | - |
| Impairment of long-lived assets | - | -707* | 480 | - |
| Depreciation and amortization | 66 | 147* | 153 | 154 |
| Restructuring expenses | 0 | -2,325* | 5,107 | 0 |
| Other operating expenses | 5 | -523* | 85 | 320 |
| Total operating expenses | 260,517 | 683,804* | 427,474 | 596,371 |
| Operating loss from continuing operations | -16,924 | -82,207* | -25,263 | -18,489 |
| Interest income, net | 185 | 946* | -50 | -53 |
| Gain from change in fair value of warrant liability | -4,700 | -96,233* | 37,187 | 8,604 |
| Change in fair value of derivative instrument | -224 | - | - | - |
| Other income, net | 846 | -37,493* | 40,921 | -2,946 |
| Loss from continuing operations before income taxes and equity in earnings of affiliates | - | -22,522* | - | - |
| (loss) income from continuing operations before income taxes and equity in net earnings of affiliates | -11,417 | - | -21,579 | -30,092 |
| Income tax expense | 12 | -101* | -25 | 60 |
| Net (loss) income from continuing operations before equity in net earnings of affiliates | -11,429 | -22,421* | - | - |
| Loss from equity method investment | -221 | -81* | - | - |
| Net (loss) income from continuing operations | -11,650 | -22,502* | -21,554 | - |
| Net loss from discontinued operations, net of tax | 0 | -29,768* | -1,602 | - |
| Net (loss) income | -11,650 | -52,270* | -23,156 | -30,152 |
| Less net income attributable to noncontrolling interest | 0 | 10,464* | -8,238 | -15,418 |
| Net (loss) income attributable to bakkt, inc | -11,650 | -62,734 | -14,918 | -14,734 |
| Basic EPS | -0.41 | -5.189 | -1.15 | -2.16 |
| Diluted EPS | -0.41 | -5.619 | -1.15 | -2.16 |
| Basic Average Shares | 28,379,941 | 12,090,013* | 13,015,011 | 6,825,634 |
| Diluted Average Shares | 28,379,941 | 11,165,015 | 13,015,011 | - |
Bakkt, Inc. (BKKT-WT)
Bakkt, Inc. (BKKT-WT)