Bakkt, Inc. (BKKT) Form 8-K — May 11, 2026
Bakkt, Inc. reported a significant decline in revenue for the quarter ended March 31, 2026, with total revenue of $243.6 million, a 77.1% decrease from $1,065.8 million in the same period last year. The majority of this revenue was offset by crypto costs and execution, clearing, and brokerage fees, which totaled $242.0 million. The company also reported a net loss of $11.7 million for Q1 2026, compared to a net income of $7.7 million in Q1 2025.
Key figures
- Eps Beat
- 0
- Revenue
- 243.6
- Total Debt
- 0
- Cash Position
- 82.6
- Compensation and benefits
- 6.6
- Professional services expense
- 7.7
- Net cash provided by financing activities
- 66.8
- Operating expenses excluding crypto costs
- 18.5
- Crypto costs and execution clearing brokerage fees
- 242
Price after filing
1 day: -10.6%7 days: -12.1%30 days: -22.4%
Close on the filing date to close N calendar days later (from $9.92). Historical, not a forecast.
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.