Bakkt Holdings Inc. Class A (BKKT) Key Ratios
$8.21
As on 04-Sep-2026 13:43EDT
Market cap
$338 Mln
Revenue (TTM)
$1,115 Mln
P/E Ratio
--
P/B Ratio
1
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -30.15 | -70.56 | -70.49 | 41.97 | 102.58 |
| EBIT | 797.11 | 370.08 | 77.88 | 23.54 | 12.02 |
| Net Profit | 793.92 | 11,719.01 | -640.28 | 25.92 | 13.47 |
| EPS | 322.77 | 189.82 | -71.05 | 25.21 | 13.24 |
| Book Value | -- | -- | 61.62 | -34.82 | -46.61 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -7.67 | 498.27 | -1.70 | -4.18 | -2.40 |
| Net Margin
| -- | -2,763.57 | -2.78 | -- | -- |
| Return on equity
| -121.11 | -224.96 | -5.51 | -146.19 | -113.56 |
| Return on Capital
| -90.45 | -193.58 | -- | -125.57 | -70.23 |
| Return on Assets
| -22.56 | -44.62 | -7.90 | -49.62 | -7.55 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.69 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
--
|
-125.57
|
-70.23
|
-75.56
|
-641.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-5.51
Lower than Peers by 11.84
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
-5.51
|
-146.19
|
-113.56
|
-103.57
|
-704.83
|
|
Peer Median
|
6.34
|
--
|
--
|
--
|
--
|
ROA
-7.90
Lower than Peers by 9.56
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
-7.90
|
-49.62
|
-7.55
|
-10.53
|
-138.58
|
|
Peer Median
|
1.66
|
--
|
--
|
--
|
--
|
EBIT Margin
-1.70
Lower than Peers by 6.41
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
-1.70
|
-4.18
|
-2.40
|
-16.44
|
2,930.49
|
|
Peer Median
|
4.71
|
--
|
--
|
--
|
--
|
Net Margin
-2.78
Lower than Peers by 9.27
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
-2.78
|
-4.59
|
-1.34
|
-9.59
|
-2,763.57
|
|
Peer Median
|
6.49
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-70.49
Lower than Peers by 107.26
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
-70.49
|
-0.33
|
3.47
|
12.88
|
0.43
|
|
Peer Median
|
36.77
|
--
|
--
|
--
|
--
|
EBIT Growth
77.88
Higher than Peers by 49.90
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
77.88
|
-16.73
|
34.72
|
-107.78
|
1,104.06
|
|
Peer Median
|
27.98
|
--
|
--
|
--
|
--
|
Net Profit Growth
-640.28
Lower than Peers by 681.09
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
-640.28
|
-129.78
|
37.67
|
96.24
|
-720.06
|
|
Peer Median
|
40.82
|
--
|
--
|
--
|
--
|
EPS Growth
-71.05
Lower than Peers by 158.88
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
-71.05
|
-0.12
|
0.65
|
0.97
|
-139.01
|
|
Peer Median
|
87.83
|
--
|
--
|
--
|
--
|
Book Value Growth
64.38
Higher than Peers by 48.83
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
64.38
|
--
|
--
|
--
|
--
|
|
Peer Median
|
15.55
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
--
|
0.00
|
0.69
|
0.56
|
0.27
|
|
Peer Median
|
0.30
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.00
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
0.00
|
0.00
|
0.13
|
0.08
|
0.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.14
Higher than Peers by 1.11
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
3.14
|
2.19
|
1.33
|
1.10
|
3.54
|
|
Peer Median
|
2.03
|
--
|
--
|
--
|
--
|
Quick Ratio
3.14
Higher than Peers by 1.27
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
3.14
|
--
|
--
|
--
|
3.11
|
|
Peer Median
|
1.87
|
--
|
--
|
--
|
--
|
Interest Coverage
-33.90
Lower than Peers by 40.20
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
-33.90
|
--
|
--
|
--
|
877.80
|
|
Peer Median
|
6.29
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
1.01
Lower than Peers by 11.42
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
1.01
|
0.52
|
0.71
|
3.80
|
45.01
|
|
Peer Median
|
12.43
|
--
|
--
|
--
|
--
|
Asset Turnover
2.84
Higher than Peers by 2.62
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
2.84
|
10.81
|
5.65
|
1.10
|
0.04
|
|
Peer Median
|
0.22
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
--
|
2.87
|
2.84
|
12.87
|
141.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
--
|
--
|
--
|
20.29
|
23.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
--
|
3.35
|
1.49
|
10.40
|
39.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
--
|
--
|
--
|
22.76
|
124.95
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
--
|
-1.25
|
-3.45
|
-0.11
|
0.00
|
|
Peer Median
|
53.08
|
--
|
--
|
--
|
--
|
Price / Book Value
0.98
Lower than Peers by 3.47
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
0.98
|
1.19
|
4.75
|
0.17
|
0.04
|
|
Peer Median
|
4.45
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
0.79
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
0.79
|
-1.10
|
-1.73
|
0.31
|
-0.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
338
Lower than Peers by 382
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bakkt Holdings Inc. Class A (BKKT)
|
338
|
--
|
--
|
--
|
--
|
|
Peer Median
|
720
|
--
|
--
|
--
|
--
|