Bakkt Holdings, Inc.

BKKT · NYSE
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9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$402$578$1,075$1,797
% Growth-30.4%-46.2%-40.2%
Cost of Goods Sold$405$27$27$1,767
Gross Profit-$3$551$1,048$31
% Margin-0.7%95.3%97.5%1.7%
R&D Expenses$0$0$0$0
G&A Expenses$21$31$30$28
SG&A Expenses$17$31$30$28
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$0$539$1,036$14
Operating Expenses$17$569$1,067$42
Operating Income-$20-$18-$19-$12
% Margin-4.9%-3.2%-1.7%-0.6%
Other Income/Exp. Net$4-$12$35-$29
Pre-Tax Income-$22-$30$16-$40
Tax Expense-$0$0$0$0
Net Income-$15-$15$8-$19
% Margin-3.7%-2.5%0.7%-1.1%
EPS-2.19-2.161.18-2.95
% Growth-1.4%-283.1%140%
EPS Diluted-2.19-2.161.13-2.95
Weighted Avg Shares Out7777
Weighted Avg Shares Out Dil7777
Supplemental Information
Interest Income$0$0$1$1
Interest Expense$0$0$0$0
Depreciation & Amortization$0$0$0$0
EBITDA-$21-$30-$18-$11
% Margin-5.3%-5.2%-1.7%-0.6%