Bakkt (BKKT) Revenue & Revenue Breakdown
Bakkt Revenue Highlights
Latest Revenue (Y)
$780.14M
Latest Revenue (Q)
$854.58M
Main Segment (Y)
Transaction Revenue, Net
Bakkt Revenue by Period
Bakkt Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $780.14M | 1329.68% |
| 2022-12-31 | $54.57M | 46.40% |
| 2021-12-31 | $37.27M | 30.81% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $854.58M | 298.38% |
| 2023-12-31 | $214.51M | 4.76% |
| 2023-09-30 | $204.77M | -41.09% |
| 2023-06-30 | $347.63M | 2574.07% |
| 2023-03-31 | $13.00M | -16.68% |
| 2022-12-31 | $15.60M | 21.33% |
| 2022-09-30 | $12.86M | -5.25% |
| 2022-06-30 | $13.57M | 8.30% |
| 2022-03-31 | $12.53M | 8.97% |
| 2021-12-31 | $11.50M | 25.79% |
| 2021-09-30 | $9.14M | 7.73% |
| 2021-06-30 | $8.49M | 4.19% |
| 2021-03-31 | $8.14M | - |
Bakkt generated $854.58M in revenue during Q1 2024, up 298.38% compared to the previous quarter, and up 5477.04% compared to the same period a year ago.
Bakkt Revenue Breakdown
Bakkt Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 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/Service | Jun 24 | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| STEM | Stem | $461.51B | $34.00M |
| BKKT | Bakkt | $780.14M | $854.58M |
| PGY | Pagaya | $772.81M | $242.59M |
| GCT | GigaCloud | $703.83M | $310.87M |
| IMXI | International Money Express | $658.74M | $171.53M |
| EGIO | Edgio | $338.60M | $97.03M |
| KPLT | Katapult | $222.21M | $65.06M |
| KLTR | Kaltura | $175.17M | $44.78M |
| LVOX | LiveVox | $136.03M | $35.35M |
| MOGO | Mogo | $64.83M | $17.93M |
| IRNT | IronNet | $27.26M | $6.97M |
| ALAR | Alarum | $26.50M | $8.38M |
| ARQQ | Arqit 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 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). The company's quarterly revenue for Q4 2023 was $214.51M, a 4.76% increase from the previous quarter (Q3 2023), and a 1274.83% increase year-over-year (Q4 2022). BKKT's quarterly revenue for Q3 2023 was $204.77M, a -41.09% decrease from the previous quarter (Q2 2023), and a 1492.33% increase year-over-year (Q3 2022).
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.