For the year ending 2025-12-31, BKKT made $2,335,243K in revenue. -$107,212K in net income. Net profit margin of -4.59%.
| Income Statement | 2025-12-31 | |||
|---|---|---|---|---|
| Total revenues | 2,335,243 | |||
| Crypto costs (see note 2) | 2,308,390 | |||
| Execution, clearing and brokerage fees | 18,436 | |||
| Compensation and benefits | 77,336 | |||
| Professional services | 25,256 | |||
| Technology and communication | 7,307 | |||
| Selling, general and administrative | 12,666 | |||
| Acquisition-related expenses | 53 | |||
| Tra settlement expense | 26,875 | |||
| Depreciation and amortization | 607 | |||
| Related party expenses | 0 | |||
| Goodwill and intangible assets impairments | 0 | |||
| Impairment of long-lived assets | 733 | |||
| Restructuring expenses | 5,335 | |||
| Other operating expenses | 84 | |||
| Total operating expenses | 2,483,078 | |||
| Operating loss from continuing operations | -147,835 | |||
| Interest income, net | 791 | |||
| Gain (loss) from change in fair value of warrant liability | -30,191 | |||
| Other income, net | 19,469 | |||
| Loss from continuing operations before income taxes and equity in earnings of affiliates | -97,384 | |||
| Income tax (benefit) expense | -49 | |||
| Net loss from continuing operations before equity in net earnings of affiliates | -97,335 | |||
| Loss from equity method investment | -323 | |||
| Net loss from continuing operations | -97,658 | |||
| Net loss from discontinued operations, net of tax | -34,574 | |||
| Net loss | -132,232 | |||
| Less net loss attributable to noncontrolling interest | -25,020 | |||
| Net loss attributable to bakkt, inc | -107,212 | |||
| Basic EPS | -8.87 | |||
| Diluted EPS | -8.87 | |||
| Basic Average Shares | 12,090,013 | |||
| Diluted Average Shares | 12,090,013 | |||
Bakkt, Inc. (BKKT)
Bakkt, Inc. (BKKT)