Bakkt, Inc. (BKKT)
It posted a net loss of $1.8M. At September 30, 2026 it held $36.6M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about Bakkt, Inc.
- Net worth
- Bakkt, Inc. has a market value (market cap) of $209.6M at the latest share price, and shareholders' equity of $369.8M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $2.3B (-32.1% year on year), with a net loss of $107.2M.
- Cash flow
- In fiscal 2025 operations used $153.4M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Bakkt, Inc.'s next report is expected around January 22, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Bakkt, Inc. does
Bakkt, Inc. is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NYSE under the ticker BKKT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2.3B | -$107.2M | -$8.87 | n/a |
| 2024 | $3.4B | -$46.7M | -$7.97 | -$24.3M |
| 2023 | $727M | -$74.9M | -$21.01 | -$70.1M |
| 2022 | $56.2M | -$578.1M | -$203.08 | -$148.1M |
| 2020 | $28.5M | -$79.6M | n/a | -$51.5M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where BKKT ranks in Finance
Latest SEC filings
What Bakkt, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026
- November 9, 2026
- October 20, 2026
- October 15, 2026Delisting notice 25-NSE
- August 17, 2026
- August 14, 2026Passive stake changed SCHEDULE 13G/A
- August 10, 2026
- August 10, 2026
- August 7, 2026Exhibits 8-K/A
- July 27, 2026Passive stake (5% or more) SCHEDULE 13G
Insider trades
What the people running Bakkt, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $2.1M and sold $24.3K worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 30, 2026 | Henderson Joseph Sean-WalshChief Accounting Officer | Received as pay | 20,000 | - |
| September 30, 2026 | Baes NicholasChief Operating Officer | Received as pay | 30,000 | - |
| September 30, 2026 | D'Annunzio MarcGeneral Counsel & Secretary | Received as pay | 45,000 | - |
| September 30, 2026 | Naheta Akshay SudhirChief Executive Officer | Received as pay | 243,454 | - |
| September 23, 2026 | Baes NicholasChief Operating Officer | Sold | 1,272 | $11K |
| September 23, 2026 | D'Annunzio MarcGeneral Counsel & Secretary | Sold | 1,272 | $11K |
| September 23, 2026 | Henderson Joseph Sean-WalshChief Accounting Officer | Sold | 282 | $2.4K |
| August 18, 2026 | Alfred MichaelDirector | Boughtindirect | 296,567 | $2.1M |
Who owns BKKT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Intercontinental Exchange, Inc.13D, may seek influence with 1 related filers | 54.2% | July 1, 2025 |
| Akshay Sudhir Naheta13D, may seek influence | 22.3% | May 4, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 98 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 3,086,320 | +1,932,455 |
| Geode Capital Management, LLC | 1,023,204 | +453,363 |
| Vanguard Capital Management LLC | 1,239,071 | +615,736 |
| Tidal Investments LLC | 945,000 | -2,547 |
| Alpine Fox Capital LLC | 905,000 | +865,000 |
| State Street Corp | 732,000 | +448,228 |
| Weiss Asset Management LP | 678,530 | 0 |
| Renaissance Technologies LLC | 309,285 | -131,815 |
| Horizon Kinetics Asset Management LLC | 279,964 | -36,574 |
| UBS Group AG | 256,262 | -54,619 |
| Northern Trust Corp | 232,781 | +124,038 |
| Vanguard Portfolio Management LLC | 229,648 | +135,754 |
| Nuveen, LLC | 219,897 | +189,035 |
| Vanguard Fiduciary Trust Co | 212,097 | +125,817 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 161,642 | -58,719 |
| Wells Fargo & Company | 144,519 | +114,256 |
| Aqr Capital Management LLC | 142,411 | -10,019 |
| Marshall Wace, Llp | 137,583 | +68,189 |
| Charles Schwab Investment Management Inc | 107,471 | +71,945 |
| Susquehanna International Group, Llp | 93,257 | new |
Insiders
6 insiders reported holding 10,939,342 shares in total, about $50.9M at the last price.
| Holder | Shares |
|---|---|
| Naheta Akshay SudhirChief Executive Officer | 9,336,976 |
| Alfred MichaelDirector | 1,230,0431,201,567 held indirectly |
| D'Annunzio MarcGeneral Counsel & Secretary | 152,006 |
| Baes NicholasChief Operating Officer | 134,103 |
| Alexander KarenChief Financial Officer | 53,542 |
| Henderson Joseph Sean-WalshChief Accounting Officer | 32,672 |
Questions about BKKT
What does Bakkt, Inc. do?
Bakkt, Inc. is a company in the Finance sector, listed on NYSE as BKKT. Its shares trade on NYSE under the ticker BKKT.
What is Bakkt, Inc.'s net worth?
Bakkt, Inc. has a market value (market cap) of $209.6M at the latest share price, and shareholders' equity of $369.8M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Bakkt, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $1.8M.
When did Bakkt, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
When is Bakkt, Inc.'s next earnings report?
Bakkt, Inc.'s next report is expected around January 22, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Bakkt, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.