Bakkt Holdings, Inc.
BKKT Technology Software Infrastructure
Bakkt Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, down 32.1% from fiscal 2024. In the quarter to June 2026, revenue fell 70.1%, EPS grew 190.7% and free cash flow fell 401.4%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Bakkt Holdings, Inc. (BKKT) P/E ratio
Bakkt Holdings, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 0.0× (October 2026) — the current reading is the highest in ten years.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
| FY2021 | 0.0× | — |
| FY2020 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 18 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| BKKT Bakkt Holdings, Inc. | n/m |
| PSFE Paysafe Limited compare | n/m |
| MOVE Corvex, Inc. compare | n/m |
| XNET Xunlei Limited compare | n/m |
| KDK Kodiak AI, Inc. compare | n/m |
| ZENA ZenaTech, Inc. compare | n/m |
| ZSQR Z Squared Inc. compare | n/m |
| GRRR Gorilla Technology Group Inc. compare | n/m |
| ARQQ Arqit Quantum Inc. compare | 175× |
| Software Infrastructure industry median | 28.4× |
| Technology sector median | 28.2× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)