Stocks Comparison
Bakkt vs Bullish: revenue, profit, margins and growth compared
Bakkt brought in $2.3B of revenue in fiscal 2025, Bullish $244.8B in fiscal 2025. Revenue changed by -32.1% at Bakkt and -2.2% at Bullish on the year before, so Bullish grew faster. Bakkt kept -4.6% of its revenue as net profit, Bullish -0.3%.
Side by side, latest fiscal year
| BKKT | BLSH | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $2.3B | $244.8B |
| Revenue growth | -32.1% | -2.2% |
| Net income | -$107.2M | -$764.7M |
| Net margin | -4.6% | -0.3% |
| Free cash flow | n/a | $18.7M |
| Free cash flow margin | n/a | 0.0% |
| Earnings per share (diluted) | -$8.87 | -$5.99 |
| Cash | $27M | $87.9M |
| Debt | n/a | n/a |
| Price to earnings | n/a | n/a |
| Market value | $383.1M | $6B |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #134 of 444 · Finance | #2 of 444 · Finance |
Over the years
BKKT $2.3BBLSH $244.8B
BKKT -$107.2MBLSH -$764.7M
BKKT -4.6%BLSH -0.3%
BKKT -32.1%BLSH -2.2%
BKKT -$24.3MBLSH $18.7M
Questions about Bakkt and Bullish
Which is bigger by revenue, Bakkt or Bullish?
Bullish is bigger by revenue: $244.8B in fiscal 2025, against $2.3B for Bakkt in fiscal 2025.
Which keeps more of its revenue as profit, Bakkt or Bullish?
Bakkt had a net margin of -4.6% in fiscal 2025; Bullish had -0.3% in fiscal 2025.
Which grew revenue faster, Bakkt or Bullish?
In their latest fiscal years revenue changed by -32.1% at Bakkt and -2.2% at Bullish.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.