Bakkt (BKKT) Revenue & Revenue Breakdown


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Bakkt Revenue Highlights


Latest Revenue (Y)

$2.34B

Latest Revenue (Q)

$402.21M

Main Segment (Y)

Transaction Revenue, Net

Bakkt Revenue by Period


Bakkt Revenue by Year

DateRevenueChange
2025-12-31$2.34B-33.09%
2024-12-31$3.49B347.39%
2023-12-31$780.14M1287.55%
2022-12-31$56.22M50.92%
2021-12-31$37.25M30.74%
2020-12-31$28.50M-3398.03%
2019-12-31$-864.00K-

Bakkt generated $2.34B in revenue during NA 2025, up -33.09% compared to the previous quarter, and up 8195.27% compared to the same period a year ago.

Bakkt Revenue by Quarter

DateRevenueChange
2025-09-30$402.21M-30.40%
2025-06-30$577.88M-46.24%
2025-03-31$1.07B-40.19%
2024-12-31$1.80B447.26%
2024-09-30$328.42M-35.59%
2024-06-30$509.90M-40.33%
2024-03-31$854.58M298.38%
2023-12-31$214.51M4.76%
2023-09-30$204.77M-41.09%
2023-06-30$347.63M2529.77%
2023-03-31$13.22M-16.90%
2022-12-31$15.91M20.40%
2022-09-30$13.21M-5.86%
2022-06-30$14.04M11.99%
2022-03-31$12.53M-8.28%
2021-12-31$13.66M49.46%
2021-09-30$9.14M7.73%
2021-06-30$8.49M4.19%
2021-03-31$8.14M-13.61%
2020-12-31$9.43M42.22%
2020-09-30$6.63M-25.58%
2020-06-30$8.91M152.35%
2020-03-31$3.53M-

Bakkt generated $402.21M in revenue during Q3 2025, up -30.40% compared to the previous quarter, and up 78.88% compared to the same period a year ago.

Bakkt Revenue Breakdown


Bakkt Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Subscription And Service Revenue$50.00K$22.90M$23.97M$26.68M-
Transaction Revenue, Net$2.34B$3.47B$756.16M$100.00K-
Service Fees----$9.40M
Subscription Fees----$16.60M

Bakkt's latest annual revenue breakdown by segment (product or service), as of Dec 25: Transaction Revenue, Net (100.00%), and Subscription And Service Revenue (0.00%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21
Transaction Revenue, Net$288.44M$402.20M$573.86M$1.07B$1.79B$503.72M$847.98M$748.59M$100.00K$7.47M$7.76M$6.58M$7.03M$100.00K$5.72M
Subscription And Service Revenue-$15.00K$4.03M$4.20M$4.04M$6.18M$6.60M$13.37M$5.09M$5.51M$7.84M$6.29M$6.54M$6.01M$5.76M

Bakkt's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Transaction Revenue, Net (100.00%).

Bakkt Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
RXTRackspace$2.69B$671.20M
BKKTBakkt$2.34B$402.21M
IMXIInternational Money Express$607.78M$154.92M
LSAKLesaka$328.70M$3.06B
RPAYRepay$309.26M$77.72M
LAWCS Disco$156.85M$40.92M
NNDMNano Dimension$102.44M$13.51M
VERIVeritone$93.70M$29.08M
GRRRGorilla Technology Group$64.69M$26.73M
REKRRekor Systems$48.45M$12.36M
PDYNPalladyne AI$5.25M$860.00K

BKKT Revenue FAQ


What is Bakkt’s yearly revenue?

Bakkt's yearly revenue for 2025 was $2.34B, representing a decrease of -33.09% compared to 2024. The company's yearly revenue for 2024 was $3.49B, representing an increase of 347.39% compared to 2023. BKKT's yearly revenue for 2023 was $780.14M, representing an increase of 1287.55% compared to 2022.

What is Bakkt’s quarterly revenue?

Bakkt's quarterly revenue for Q3 2025 was $402.21M, a -30.40% decrease from the previous quarter (Q2 2025), and a 22.47% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $577.88M, a -46.24% decrease from the previous quarter (Q1 2025), and a 13.33% increase year-over-year (Q2 2024). BKKT's quarterly revenue for Q1 2025 was $1.07B, a -40.19% decrease from the previous quarter (Q4 2024), and a 25.78% increase year-over-year (Q1 2024).

What is Bakkt’s revenue growth rate?

Bakkt's revenue growth rate for the last 3 years (2023-2025) was 199.34%, and for the last 5 years (2021-2025) was 6168.44%.

What are Bakkt’s revenue streams?

Bakkt's revenue streams in c 25 are Subscription And Service Revenue, and Transaction Revenue, Net. Subscription And Service Revenue generated $50K in revenue, accounting 0.00% of the company's total revenue, down -99.78% year-over-year. Transaction Revenue, Net generated $2.34B in revenue, accounting 100.00% of the company's total revenue, down -32.65% year-over-year.

What is Bakkt’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Bakkt was Transaction Revenue, Net. This segment made a revenue of $2.34B, representing 100.00% of the company's total revenue.