Bakkt, Inc.

BKKT - Financial Snapshot

Metrics for BKKT

Price $8.55
Shares Outstanding 30.56M
All-Time Low $5.57
52-Week Low $6.81

Balance Statement Metrics

Net Cash / Share $0
cashValuePerShare = (Cash + Short Term Investments - Total Liabilities) / Shares Outstanding
Net Current Assets / Share $-0.3
netCurrentAssetsPerShare = (Current Assets - Total Liabilities) / Shares Outstanding
Net Tangible Assets / Share $1.91
netTangibleAssetsPerShare = (Total Assets - Intangibles - Total Liabilities) / Shares Outstanding
Shares Outstanding Ave Change (Annual) 41.74%
Shares Δ YoY 71.62%
Avg CA Burn (Annual %) -24.19% (as of 2-20-2026)
Avg CA Burn (Quarterly %) -26.11% (as of 2-20-2026)

Earning Metrics

Max Earning Power / Share $-6.66
maxEarningPowerPerShare = (EBITDA / EP_MULTIPLIER) / Shares Outstanding
Adjusted Earning Power $-4.65
adjustedEarningPower = (Net Income / EP_MULTIPLIER) / Shares Outstanding
Non-Cash Charges to Market Cap 0.05%
nonCashChargeToMKTCAP = Non-Cash Charges / Market Capitalization
Avg EBITDA (5Y) 0 (as of 2-20-2026)
Avg EBITDA (5Q) 0 (as of 2-20-2026)
Avg Net Income (5Y) -208.3M (as of 2-20-2026)
Avg Net Income (5Q) -8.8M (as of 2-20-2026)
Data as of: Price 03-20-26 16:00 ET, Balance Sheet 2025-09-30, Income Statement 2025-09-30, Cash Flow 2025-09-30

Indicators

Dividend indicators Value Date
Current Dividend Streak No 2-20-2026
Consecutive Years Paid No 2-20-2026
Pays Dividend No 2-20-2026
Income indicators Value Date
EBITDA Positive No 2-20-2026
Net Income Positive No 2-20-2026
Current Dividend Streak No 2-20-2026

Metric History Explorer

Pick a metric to view its history table and chart.

Tangible Book Value Per Share History

Formula: Tangible Book Value / shares from balance statements. Includes 5 quarterly + 4 annual.

Chart plots one TBV / Share point per report date (duplicate same-date annual/quarterly rows are merged).

Report Date Period TBV / Share Tangible Book Value Shares Used
2025-09-30 Quarterly $2.68 44.2M ($44,186,000) 16.5M (16,466,495)
2025-06-30 Quarterly $-4.63 -32.3M ($-32,264,000) 7M (6,974,740)
2025-03-31 Quarterly $-4.03 -26.8M ($-26,842,000) 6.7M (6,656,355)
2024-12-31 Quarterly $-5.68 -37M ($-37,007,000) 6.5M (6,510,885)
2024-12-31 Annual $-5.68 -37M ($-37,007,000) 6.5M (6,510,885)
2024-09-30 Quarterly $-3.16 -20.4M ($-20,428,000) 6.5M (6,465,776)
2023-12-31 Annual $-5.96 -22.6M ($-22,619,000) 3.8M (3,793,837)
2022-12-31 Annual $7.59 24.6M ($24,578,000) 3.2M (3,237,073)
2021-12-31 Annual $-632.91 -1.4B ($-1,447,191,000) 2.3M (2,286,575)

Dividend Payments

Historical cash dividends per share from Yahoo ex-dividend dates.

Date Dividend / Share
No dividend payment history available yet

Shares Outstanding Changes

Date Shares Outstanding Delta
2026-03-10 30,562,092 +4,800,382
2026-02-17 25,761,710 +247,334
2026-01-13 25,514,376 +1,475,942
2025-11-14 24,038,434 +8,104,297
2025-09-18 15,934,137 +37
2025-09-11 15,934,100 +1,560,600

Short Interest Changes

Latest short-interest change: 4,450,538 shares (24.90% of float) | Days to cover: 3.37

Date Short Interest Delta Δ %
2026-03-11 4,450,538 shares -21,484 -0.48%
2026-02-26 4,472,022 shares +277,233 +6.61%
2026-02-11 4,194,789 shares +343,976 +8.93%

Interesting Volume Days

Volume/ratio use shares outstanding as of the event date (frozen).

Date Volume Shares Outstanding Volume / Shares Price
No interesting volume events

Bakkt, Inc. engages in building financial infrastructure. The company provides solutions that enable institutional participation in the digital asset economy — spanning Bitcoin, tokenization, stablecoin payments, and AI-driven finance. It serves client, such as 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 its services in the United States, Latin America, Europe, and Asia. The company was formerly known as Bakkt Holdings, Inc. and changed its name to Bakkt, Inc. in January 2026. Bakkt, Inc. was founded in 2018 and is headquartered in New York, New York.