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StockVS

NYSE · Software - Infrastructure · USD

Bakkt, Inc. (BKKT) Stock Analysis

Bakkt, Inc. (BKKT) is a Software - Infrastructure stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

BKKT

$5.62

+$0.13 (+2.37%)

Oct 21, 2026 · Market close

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Price History

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BKKT Key Statistics

As of Oct 21, 2026
Trading
Open
$5.66
Previous Close
$5.49
Day's Range
5.47–5.80
52-Week Range
5.88–47.18
Volume
954.53K
Valuation
Market Cap
$269.52M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
6.23
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.24
EPS (ttm)Profit attributable to each share over the last twelve months.
−3.67
Financials (FY)
Revenue (FY)
$2.34B−32.14%
Net Income (FY)
−$107.21M
Profit marginThe share of revenue left as profit after all costs and taxes.
−2.78%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
45.07M
1-Year Return
−82.51%
Dividend and dates
Earnings Date
November 9, 2026estimated
Avg Volume
1.29M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, BKKT closed at $5.62, −82.51% over 1 year.

Bakkt, Inc. (BKKT) has a market capitalization of $269.52M.

In fiscal 2025, BKKT reported revenue of $2.34B.

BKKT Stock Return by Calendar Year

Bakkt, Inc. (BKKT) return since Nov 2020: what $10,000 became

1 year
$10,000 $1,749
−82.51%
5 years
$10,000 $280
−97.20%
Since Nov 2020
$10,000 $204
−97.96%

If you had invested $10,000 in Bakkt, Inc. (BKKT) at the close on November 19, 2020, the earliest close on record here, it would have been worth $204 at the close on October 21, 2026: −97.96% in total, −48.17% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−44.02%
2025−59.47%
2024−55.57%
2023+87.39%
2022−86.02%
2021−15.58%
2020 (partial year)−8.36%

As of October 21, 2026.

BKKT Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$2.34B−$107.21M−4.6%
2024$3.44B−$46.66M−1.4%
2023$726.99M−$74.85M−10.3%
2022$56.22M−$578.11M−1,028.2%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$2.34B$26.85M−$141.71M−$107.21M−4.6%
2024$3.44B$37.85M−$73.52M−$46.66M−1.4%
2023$726.99M$8.48M−$110.93M−$74.85M−10.3%
2022$56.22M$54.57M−$177.32M−$578.11M−1,028.2%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

BKKT Valuation vs Software - Infrastructure Median

Median of 182 stocks
MetricBKKTSoftware - Infrastructure medianvs median
P/S ratio0.243.270.1x the median
Profit margin−2.78%2.53%5.3 pts below

Medians across 182 Software - Infrastructure stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 9 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Bakkt, Inc. (BKKT) carries a market capitalisation of $269.52M. It is classified in the Software - Infrastructure industry, within the Technology sector. Headcount on file is 48.

BKKT last closed at $5.62 on October 21, 2026. That is +$0.13 (+2.37%) against the previous close. Over the past 52 weeks the price has ranged from $5.88 to $47.18.

Financial Health

In fiscal 2025, Bakkt, Inc. reported revenue of $2.34B. Against the prior fiscal year total of $3.44B, that is a change of −32.14%. The same year closed with a net loss of $107.21M. Profit margin runs at −2.78%. That is 5.3 percentage points below the Software - Infrastructure median of 2.53%. Trailing earnings per share are −3.67.

Across the 4 fiscal years on file, revenue moves from $56.22M in 2022 to $2.34B in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. On forward earnings the ratio is 6.23. The price-to-sales ratio is 0.24. On price-to-sales that is 0.1 times the Software - Infrastructure median of 3.27. The medians here are taken across 182 Software - Infrastructure companies that report the metric.

Over the trailing twelve months the total return is −82.51%. Measured over 5 years, that is −51.09% a year compounded. Annualized volatility over the trailing 5 years is 190.86%.

Growth & Income

The record shows no dividend for BKKT.

So far in 2026 the total return is −44.02%. The strongest complete calendar year on file is 2023 at +87.39%; the weakest is 2022 at −86.02%. Of the 5 complete calendar years on file, 1 finished higher.

Peer Comparison

Bakkt, Inc. (BKKT) operates in the Software - Infrastructure industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Bakkt, Inc. BKKT $269.52M —
Microsoft Corporation MSFT $3.96T 29.7
Palantir Technologies Inc. PLTR $484.74B 173.9
Oracle Corporation ORCL $391.46B 20.2

The Software - Infrastructure industry average P/E ratio is 30.2x. Bakkt, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Bakkt, Inc.

Bakkt, Inc. engages in digital building financial infrastructure business. The company offers Bakkt Market solutions, which enables institutions to launch secure, compliant, and advanced digital asset brokerage, trading and payment capabilities through a plug-and-play platform; Bakkt Agent provides programmable access to Bakkt's financial infrastructure through an intelligent software layer that coordinates onboarding, account creation, funding, and global money movement; and Bakkt Global enables Bakkt to expand its technology and infrastructure into international markets. It also provides solutions that enable institutional participation in the digital asset economy. The company serves various clients, such as financial institutions, hedge funds, merchants, retailers, third party partners, and other businesses. It markets its products and services using various business-to-business channels, such as email marketing and targeted digital advertisements; indirect marketing; and its website, blog, and social media platforms. The company offers its services in the United States, Latin America, Europe, and Asia. The company was formerly known as Bakkt Holdings, Inc. and changed its name to Bakkt, Inc. in January 2026. Bakkt, Inc. was founded in 2018 and is headquartered in Atlanta, Georgia.

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