Bakkt, Inc.
Income Statement
| Line Item | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $577.9M | $1.07B | $1.75B | $328.4M | $509.9M | $854.6M | $161.4M | $204.8M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $-16.1M | $-15.4M | $-3.6M | $-25.1M | $-22.0M | $-31.8M | $-6.8M | $-52.9M |
| Operating Margin | -2.8% | -1.4% | -0.2% | -7.7% | -4.3% | -3.7% | -4.2% | -25.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-26.8M | $19.4M | $-33.9M | $-3.9M | $-35.4M | $-21.1M | $-6.6M | $-51.5M |
| Income Tax Expense | $76.0K | $49.0K | $-7.0K | $-113.0K | $74.0K | $156.0K | $-46.0K | $231.0K |
| Net Income | $-14.7M | $7.7M | $-19.2M | $-2.9M | $-16.4M | $-8.2M | $-26.7M | $-17.3M |
| Net Margin | -2.5% | 0.7% | -1.1% | -0.9% | -3.2% | -1.0% | -16.5% | -8.5% |
| EPS (Basic) | $-1.08 | $0.59 | $-1.50 | $-0.23 | $-1.34 | $-0.93 | $-3.66 | $-2.37 |
| EPS (Diluted) | $-1.08 | $0.57 | $-1.50 | $-0.23 | $-1.34 | $-0.93 | $-3.66 | $-2.37 |
| Shares Outstanding (Basic) | 13.7M | 13.1M | 11.7M | 12.7M | 12.3M | 8.8M | 7.1M | 7.3M |
| Shares Outstanding (Diluted) | 13.7M | 14.3M | 11.7M | 12.7M | 12.3M | 8.8M | 7.1M | 7.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |