Bakkt, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.34B | $835.9M | $763.1M | $566.0M | $28.9M | $28.5M |
| Transaction_Revenue | — | $670.3M | $694.7M | $551.4M | $28.6M | — |
| Loyalty_Revenue | — | $165.6M | $68.4M | $14.6M | $300.0K | — |
| Cost of Revenue | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — |
| Operating Income | $-147.8M | $-82.6M | $-156.2M | $-2.02B | — | $-79.1M |
| Operating Margin | -6.3% | -9.9% | -20.5% | -356.7% | — | -277.7% |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | $-97.4M | $-94.3M | $-153.3M | $-2.00B | — | $-79.2M |
| Income Tax Expense | $-49.0K | $110.0K | $355.0K | $-11.3M | — | $391.0K |
| Net Income | $-107.2M | $-46.7M | $-74.9M | $-578.1M | — | $-79.6M |
| Net Margin | -4.6% | -5.6% | -9.8% | -102.1% | — | -279.4% |
| EPS (Basic) | $-8.87 | $-3.99 | $-10.51 | $-101.54 | — | — |
| EPS (Diluted) | $-8.87 | $-3.99 | $-10.51 | $-101.54 | — | — |
| Shares Outstanding (Basic) | 12.1M | 11.7M | 7.1M | 5.7M | 114.3M | — |
| Shares Outstanding (Diluted) | 12.1M | 11.7M | 7.1M | 5.7M | 114.3M | — |
| Dividends Per Share | — | — | — | — | — | — |