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Bakkt, Inc. revenue

Bakkt, Inc.'s revenue was $2.34bn in fiscal 2025, down 32.1% on the year before. Since fiscal 2020 ($28.5m) it has grown at a compound 200.9% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2020Dec 20202022Dec 20222023Dec 20232024Dec 20242025Dec 2025
Revenue28567273,4412,335
Growth on the year before—+97.3%+>999%+373.3%−32.1%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Transaction Revenue Net $2.3B 100.0% ▼ 32.1%
Subscription and Service Revenue $50,000 0.0% ▼ 37.5%

From Bakkt, Inc.'s 10-K filed March 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Financials: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Bakkt, Inc. $3.73bn 115.5% 329.1%
Zions Bancorporation, National Association $3.74bn 15.2% 4.0%
Enova International, Inc. $3.65bn 20.1% 21.8%
White Mountains Insurance Group LTD $3.83bn 55.4% 30.3%
Carlyle Group Inc. $3.61bn -41.9% 4.9%
UWM Holdings Corp $3.58bn 26.1% 27.3%

Compare with peers

Head to head: BKKT vs ZIONBKKT vs ENVABKKT vs WTM

More: Financials sector, rankings of US companies

Figures from Bakkt, Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Bakkt, Inc.