_id

690f35e6ccc777a4e85d171d

Ticker

BKKT

Name

Bakkt Holdings Inc

Exchange

NYSE

Address

10000 Avalon Boulevard, Alpharetta, GA, United States, 30009

Country

USA

Sector

Technology

Industry

Software - Infrastructure

Currency

USD

Website

https://www.bakkt.com

Description

Bakkt Holdings, Inc. offers software as a service and application programming interface solutions for crypto trading capabilities and loyalty for clients and customers. The company operates Bakkt Crypto, a trading platform to purchase, sell, store, deposit, and withdraw approved crypto assets, as well as transfer supported crypto assets between a custodial wallet maintained by Bakkt Crypto and external wallets; and BakktX, an order matching technology for smart order routing for trade matching. Its platform also offers a range of loyalty solutions, including redemption solutions for various rewards categories comprising travel, gift cards, and merchandise; travel solutions that offer a retail e-commerce booking platform, as well as live agent booking and servicing; and unified shopping experience. The company's client includes financial institutions, fintechs, broker-dealers, neobanks, registered investment advisers, funds, merchants, and other businesses. It markets its products and services using various business-to-business channels, such as direct marketing, including email marketing and targeted digital advertisements; indirect marketing; and its website, blog, and social media platforms. The company offers crypto services in the United States, Latin America, Europe, and Asia. Bakkt Holdings, Inc. was founded in 2018 and is headquartered in Alpharetta, Georgia.

Last Close

12.66

Volume

1047946

Current Price

11.56

Change

-8.688783570300156

Last Updated

2025-11-28T12:56:17.229Z

Image

data:image/webp;base64,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

Ipo Date

2020-11-19T00:00:00.000Z

Market Cap

445191808

Next Dividend Date

-

Dividend Frequency

-

Dividend Rate

-

Dividend Yield

0

Sentiment

0.8428166666666667

Sentiment Sources

6

Rating

4

Target Price

40

Strong Buy

0

Buy

1

Hold

0

Sell

0

Strong Sell

0

Current Quarter

2025-09-30

Revenue

402211000

Cost Of Revenue

405052000

Gross Profit

-2840999

Operating Expenses

16835000

Operating Income

-19676000

Interest Expense

50000

Pretax Income

-21579000

Net Income

-14918000

Eps

-2.1855845185956353

Dividends Per Share

-

Shares Outstanding

24038434

Income Tax Expense

-25000

EBITDA

-21426000

Operating Margin

-4.891959692798058

Total Other Income Expense Net

3684000

Cash

64436000

Short Term Investments

5094000

Receivables

12558000

Inventories

-

Total Current Assets

120475000

Property Plant Equipment

1532000

Total Assets

258262000

Payables

29070000

Short Term Debt

2307000

Long Term Debt

-

Total Liabilities

129698000

Equity

114394000

Depreciation

153000

Change In Working Capital

-29650000

Cash From Operations

-46657000

Capital Expenditures

3204000

Cash From Investing

-19770000

Cash From Financing

60090000

Net Change In Cash

2978000

PE

-

PB

0.6897593321328043

ROE

-13.040893753168872

ROA

-5.776304682841456

FCF

-49861000

Fcf Percent

-0.12396727091004472

Piotroski FScore

0

Health Score

23

Deep Value Investing Score

4

Defensive Investing Score

6

Dividend Investing Score

1.5

Economic Moat Investing Score

4.3

Garp Investing Score

1.5

Growth Investing Score

1

Momentum Investing Score

4

Net Net Investing Score

2.5

Quality Investing Score

2

Value Investing Score

4.5

Quarters > 0 > quarter

2025-09-30

Quarters > 0 > income Statement > revenue

402211000

Quarters > 0 > income Statement > cost Of Revenue

405052000

Quarters > 0 > income Statement > gross Profit

-2840999

Quarters > 0 > income Statement > operating Expenses

16835000

Quarters > 0 > income Statement > operating Income

-19676000

Quarters > 0 > income Statement > interest Expense

50000

Quarters > 0 > income Statement > pretax Income

-21579000

Quarters > 0 > income Statement > net Income

-14918000

Quarters > 0 > income Statement > eps

-2.1855845185956353

Quarters > 0 > income Statement > dividends Per Share

-

Quarters > 0 > income Statement > shares Outstanding

6825634

Quarters > 0 > income Statement > income Tax Expense

-25000

Quarters > 0 > income Statement > EBITDA

-21426000

Quarters > 0 > income Statement > operating Margin

-4.891959692798058

Quarters > 0 > income Statement > total Other Income Expense Net

3684000

Quarters > 0 > balance Sheet > cash

64436000

Quarters > 0 > balance Sheet > short Term Investments

5094000

Quarters > 0 > balance Sheet > receivables

12558000

Quarters > 0 > balance Sheet > inventories

-

Quarters > 0 > balance Sheet > total Current Assets

120475000

Quarters > 0 > balance Sheet > property Plant Equipment

1532000

Quarters > 0 > balance Sheet > total Assets

258262000

Quarters > 0 > balance Sheet > payables

29070000

Quarters > 0 > balance Sheet > short Term Debt

2307000

Quarters > 0 > balance Sheet > long Term Debt

-

Quarters > 0 > balance Sheet > total Liabilities

129698000

Quarters > 0 > balance Sheet > equity

114394000

Quarters > 0 > cash Flow > net Income

-13316000

Quarters > 0 > cash Flow > depreciation

153000

Quarters > 0 > cash Flow > change In Working Capital

-29650000

Quarters > 0 > cash Flow > cash From Operations

-46657000

Quarters > 0 > cash Flow > capital Expenditures

3204000

Quarters > 0 > cash Flow > cash From Investing

-19770000

Quarters > 0 > cash Flow > cash From Financing

60090000

Quarters > 0 > cash Flow > net Change In Cash

2978000

Quarters > 0 > ratios > PE

-2.1855845185956353

Quarters > 0 > ratios > PB

0.6897593321328043

Quarters > 0 > ratios > ROE

-13.040893753168872

Quarters > 0 > ratios > ROA

-5.776304682841456

Quarters > 0 > ratios > FCF

-49861000

Quarters > 0 > ratios > Piotroski FScore

0

Quarters > 0 > ratios > fcf Percent

-0.12396727091004472

Quarters > 0 > health Score

23

Quarters > 1 > quarter

2025-06-30

Quarters > 1 > income Statement > revenue

577882000

Quarters > 1 > income Statement > cost Of Revenue

27094000

Quarters > 1 > income Statement > gross Profit

550788000

Quarters > 1 > income Statement > operating Expenses

569277000

Quarters > 1 > income Statement > operating Income

-18489000

Quarters > 1 > income Statement > interest Expense

53000

Quarters > 1 > income Statement > pretax Income

-30092000

Quarters > 1 > income Statement > net Income

-14734000

Quarters > 1 > income Statement > eps

-2.158627315792203

Quarters > 1 > income Statement > dividends Per Share

-

Quarters > 1 > income Statement > shares Outstanding

6825634

Quarters > 1 > income Statement > income Tax Expense

60000

Quarters > 1 > income Statement > EBITDA

-29885000

Quarters > 1 > income Statement > operating Margin

-3.1994421006364617

Quarters > 1 > income Statement > total Other Income Expense Net

-11603000

Quarters > 1 > balance Sheet > cash

43493000

Quarters > 1 > balance Sheet > short Term Investments

5094000

Quarters > 1 > balance Sheet > receivables

21735000

Quarters > 1 > balance Sheet > inventories

-

Quarters > 1 > balance Sheet > total Current Assets

110462000

Quarters > 1 > balance Sheet > property Plant Equipment

8941000

Quarters > 1 > balance Sheet > total Assets

190140000

Quarters > 1 > balance Sheet > payables

14438000

Quarters > 1 > balance Sheet > short Term Debt

25544000

Quarters > 1 > balance Sheet > long Term Debt

-

Quarters > 1 > balance Sheet > total Liabilities

132315000

Quarters > 1 > balance Sheet > equity

35294000

Quarters > 1 > cash Flow > net Income

-14734000

Quarters > 1 > cash Flow > depreciation

154000

Quarters > 1 > cash Flow > change In Working Capital

17723000

Quarters > 1 > cash Flow > cash From Operations

5352000

Quarters > 1 > cash Flow > capital Expenditures

19000

Quarters > 1 > cash Flow > cash From Investing

4499000

Quarters > 1 > cash Flow > cash From Financing

17169000

Quarters > 1 > cash Flow > net Change In Cash

18694000

Quarters > 1 > ratios > PE

-2.158627315792203

Quarters > 1 > ratios > PB

2.235630108233694

Quarters > 1 > ratios > ROE

-41.74647248824163

Quarters > 1 > ratios > ROA

-7.749027032712738

Quarters > 1 > ratios > FCF

5333000

Quarters > 1 > ratios > Piotroski FScore

2

Quarters > 1 > ratios > fcf Percent

0.009228527623286414

Quarters > 1 > health Score

17

Quarters > 2 > quarter

2025-03-31

Quarters > 2 > income Statement > revenue

1074910000

Quarters > 2 > income Statement > cost Of Revenue

26579000

Quarters > 2 > income Statement > gross Profit

1048331000

Quarters > 2 > income Statement > operating Expenses

1066851000

Quarters > 2 > income Statement > operating Income

-18520000

Quarters > 2 > income Statement > interest Expense

-

Quarters > 2 > income Statement > pretax Income

16288000

Quarters > 2 > income Statement > net Income

7710000

Quarters > 2 > income Statement > eps

1.185906630233236

Quarters > 2 > income Statement > dividends Per Share

-

Quarters > 2 > income Statement > shares Outstanding

6501355

Quarters > 2 > income Statement > income Tax Expense

49000

Quarters > 2 > income Statement > EBITDA

-18072000

Quarters > 2 > income Statement > operating Margin

-1.7229349433906094

Quarters > 2 > income Statement > total Other Income Expense Net

34808000

Quarters > 2 > balance Sheet > cash

23010000

Quarters > 2 > balance Sheet > short Term Investments

1692000

Quarters > 2 > balance Sheet > receivables

26999000

Quarters > 2 > balance Sheet > inventories

-

Quarters > 2 > balance Sheet > total Current Assets

92507000

Quarters > 2 > balance Sheet > property Plant Equipment

9342000

Quarters > 2 > balance Sheet > total Assets

176346000

Quarters > 2 > balance Sheet > payables

10294000

Quarters > 2 > balance Sheet > short Term Debt

3556000

Quarters > 2 > balance Sheet > long Term Debt

5011000

Quarters > 2 > balance Sheet > total Liabilities

94787000

Quarters > 2 > balance Sheet > equity

44059000

Quarters > 2 > cash Flow > net Income

16239000

Quarters > 2 > cash Flow > depreciation

220000

Quarters > 2 > cash Flow > change In Working Capital

-87347000

Quarters > 2 > cash Flow > cash From Operations

-101281000

Quarters > 2 > cash Flow > capital Expenditures

130000

Quarters > 2 > cash Flow > cash From Investing

-130000

Quarters > 2 > cash Flow > cash From Financing

4095000

Quarters > 2 > cash Flow > net Change In Cash

-97287000

Quarters > 2 > ratios > PE

1.185906630233236

Quarters > 2 > ratios > PB

1.705795950884042

Quarters > 2 > ratios > ROE

17.49926235275426

Quarters > 2 > ratios > ROA

4.372086693205403

Quarters > 2 > ratios > FCF

-101411000

Quarters > 2 > ratios > Piotroski FScore

2

Quarters > 2 > ratios > fcf Percent

-0.0943437124968602

Quarters > 2 > health Score

53

Quarters > 3 > quarter

2024-12-31

Quarters > 3 > income Statement > revenue

1797321000

Quarters > 3 > income Statement > cost Of Revenue

1766693000

Quarters > 3 > income Statement > gross Profit

30628000

Quarters > 3 > income Statement > operating Expenses

42307000

Quarters > 3 > income Statement > operating Income

-11679000

Quarters > 3 > income Statement > interest Expense

-

Quarters > 3 > income Statement > pretax Income

-40315000

Quarters > 3 > income Statement > net Income

-19179000

Quarters > 3 > income Statement > eps

-2.950000422988746

Quarters > 3 > income Statement > dividends Per Share

-

Quarters > 3 > income Statement > shares Outstanding

6501355

Quarters > 3 > income Statement > income Tax Expense

54000

Quarters > 3 > income Statement > EBITDA

-10853000

Quarters > 3 > income Statement > operating Margin

-0.6498004530075596

Quarters > 3 > income Statement > total Other Income Expense Net

-28636000

Quarters > 3 > balance Sheet > cash

39049000

Quarters > 3 > balance Sheet > short Term Investments

1242000

Quarters > 3 > balance Sheet > receivables

24648000

Quarters > 3 > balance Sheet > inventories

-

Quarters > 3 > balance Sheet > total Current Assets

183845000

Quarters > 3 > balance Sheet > property Plant Equipment

11799000

Quarters > 3 > balance Sheet > total Assets

269377000

Quarters > 3 > balance Sheet > payables

12782000

Quarters > 3 > balance Sheet > short Term Debt

4279000

Quarters > 3 > balance Sheet > long Term Debt

-

Quarters > 3 > balance Sheet > total Liabilities

206524000

Quarters > 3 > balance Sheet > equity

33894000

Quarters > 3 > cash Flow > net Income

-40369000

Quarters > 3 > cash Flow > depreciation

62000

Quarters > 3 > cash Flow > change In Working Capital

37137000

Quarters > 3 > cash Flow > cash From Operations

31402000

Quarters > 3 > cash Flow > capital Expenditures

308000

Quarters > 3 > cash Flow > cash From Investing

6239000

Quarters > 3 > cash Flow > cash From Financing

-260000

Quarters > 3 > cash Flow > net Change In Cash

36253000

Quarters > 3 > ratios > PE

-2.950000422988746

Quarters > 3 > ratios > PB

2.217373688558447

Quarters > 3 > ratios > ROE

-56.58523632501328

Quarters > 3 > ratios > ROA

-7.119761523812353

Quarters > 3 > ratios > FCF

31094000

Quarters > 3 > ratios > Piotroski FScore

2

Quarters > 3 > ratios > fcf Percent

0.017300192898207944

Quarters > 3 > health Score

17

Valuation > metrics > PE

-2.1855845185956353

Valuation > metrics > PB

0.6897593321328043

Valuation > final Score

70

Valuation > verdict

31.0% Undervalued

Profitability > metrics > ROE

-13.040893753168872

Profitability > metrics > ROA

-12.382652002490143

Profitability > metrics > Net Margin

-0.03708998510731929

Profitability > final Score

0

Profitability > verdict

Weak

Risk > metrics > Debt Equity

1.13378324037974

Risk > metrics > Interest Coverage

-393.52

Risk > final Score

-1544

Risk > verdict

High

Liquidity > metrics > Current Ratio

3.839595882334194

Liquidity > metrics > Quick Ratio

3.839595882334194

Liquidity > final Score

100

Liquidity > verdict

Great

Prev Valuations > 0

80

Prev Valuations > 1

100

Prev Valuations > 2

80

Prev Profitabilities > 0

0

Prev Profitabilities > 1

61

Prev Profitabilities > 2

0

Prev Risks > 0

-1389

Prev Risks > 1

16

Prev Risks > 2

4

Prev Liquidities > 0

100

Prev Liquidities > 1

100

Prev Liquidities > 2

100

Updated At

2025-12-14T00:16:58.608Z