Company Analysis

Bakkt, Inc. (BKKT)

NYSE: BKKT · Finance Services · New York, NY · filing with the SEC since 2020
Grade4.2
◀ Past 2.5● Present 5.1▶ Future 5.8
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020
Report filedMar 19, 2026Mar 20, 2025Mar 25, 2024Mar 24, 2023Mar 31, 2022Mar 31, 2021
Revenue2,335,243,0003,441,056,000r726,988,000r56,224,000r·28,495,000
For lenders
Net interest income791,0004,318,0004,338,0001,877,000·123,000
Total operating expenses2,483,078,0003,523,642,000r883,232,000r2,075,137,000r·107,614,000
Operating income-147,835,000-82,586,000r-156,244,000r-2,018,913,000·-79,119,000
Share of profit of equity-method investments-323,00000···
Other income (expense), net19,469,0001,153,000r179,000r-856,000·-218,000
Income before income taxes-97,384,000-94,301,000r-153,298,000r-2,001,254,000·-79,214,000
Income tax expense-49,000110,000r355,000r-11,320,000·391,000
Income from continuing operations-79,179,000-42,583,000-50,934,000···
Income from discontinued operations-34,574,000-9,036,000-72,159,000···
Net income including non-controlling interests-132,232,000-103,447,000-225,812,000-1,989,934,000·-79,605,000
Net income to non-controlling interests-25,020,000-56,788,000-150,958,000-1,411,829,000··
Net income-107,212,000-46,659,000-74,854,000-578,105,000·-79,605,000
Net income to common shareholders·-46,659,000-74,854,000-578,105,000··
Earnings per share, basic-8.87-7.97-21.01r-203.08r··
Earnings per share, diluted-8.87-7.97-21.01r-203.08r··
Weighted average shares, basic12,090,0135,855,0833,563,333r2,846,719r··
Weighted average shares, diluted12,090,0135,855,0833,563,333r2,846,719r··
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-25 reverse split of Apr 2024.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton BKKT · research, not advice