​

Bakkt (BKKT) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Bakkt Revenue Highlights

Latest Revenue (Y)

$780.14M

Latest Revenue (Q)

$328.42M

Main Segment (Y)

Transaction Revenue, Net

Bakkt Revenue by Period

Bakkt Revenue by Year

DateRevenueChange
2023-12-31$780.14M1329.68%
2022-12-31$54.57M46.40%
2021-12-31$37.27M30.81%
2020-12-31$28.50M-3398.03%
2019-12-31$-864.00K-

Bakkt generated $780.14M in revenue during NA 2023, up 1329.68% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Bakkt Revenue by Quarter

DateRevenueChange
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$347.63M2574.07%
2023-03-31$13.00M-16.68%
2022-12-31$15.60M18.09%
2022-09-30$13.21M-2.65%
2022-06-30$13.57M8.30%
2022-03-31$12.53M8.97%
2021-12-31$11.50M25.79%
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 $328.42M in revenue during Q3 2024, up -35.59% compared to the previous quarter, and up 94.47% compared to the same period a year ago.

Bakkt Revenue Breakdown

Bakkt Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Subscription And Service Revenue$23.97M$26.68M-
Transaction Revenue, Net$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 23: Transaction Revenue, Net (96.93%), and Subscription And Service Revenue (3.07%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21
Transaction Revenue, Net$503.72M$847.98M$748.59M$100.00K$7.47M$7.76M$6.58M$7.03M$100.00K$5.72M
Subscription And Service Revenue$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 Jun 24: Transaction Revenue, Net (98.79%), and Subscription And Service Revenue (1.21%).

Bakkt Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
STEMStem$461.51B$29.29M
BKKTBakkt$780.14M$328.42M
PGYPagaya$772.81M$257.23M
GCTGigaCloud$703.83M$303.32M
IMXIInternational Money Express$658.74M$171.95M
KPLTKatapult$222.21M$58.86M
KLTRKaltura$175.17M$44.03M
MOGOMogo$64.83M$17.93M
ALARAlarum$26.50M$8.38M
ARQQArqit Quantum$640.00K$59.50K

BKKT Revenue FAQ

What is Bakkt’s yearly revenue?

Bakkt's yearly revenue for 2023 was $780.14M, representing an increase of 1329.68% compared to 2022. The company's yearly revenue for 2022 was $54.57M, representing an increase of 46.40% compared to 2021. BKKT's yearly revenue for 2021 was $37.27M, representing an increase of 30.81% compared to 2020.

What is Bakkt’s quarterly revenue?

Bakkt's quarterly revenue for Q3 2024 was $328.42M, a -35.59% decrease from the previous quarter (Q2 2024), and a 60.38% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $509.9M, a -40.33% decrease from the previous quarter (Q1 2024), and a 46.68% increase year-over-year (Q2 2023). BKKT's quarterly revenue for Q1 2024 was $854.58M, a 298.38% increase from the previous quarter (Q4 2023), and a 6473.71% increase year-over-year (Q1 2023).

What is Bakkt’s revenue growth rate?

Bakkt's revenue growth rate for the last 3 years (2021-2023) was 1993.03%, and for the last 5 years (2019-2023) was -90393.52%.

What are Bakkt’s revenue streams?

Bakkt's revenue streams in c 23 are Subscription And Service Revenue, and Transaction Revenue, Net. Subscription And Service Revenue generated $23.97M in revenue, accounting 3.07% of the company's total revenue, down -10.16% year-over-year. Transaction Revenue, Net generated $756.16M in revenue, accounting 96.93% of the company's total revenue, up 756065.00% year-over-year.

What is Bakkt’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Bakkt was Transaction Revenue, Net. This segment made a revenue of $756.16M, representing 96.93% of the company's total revenue.