NASDAQ$BKKT

Bakkt Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Bakkt Holdings reported Q1 2025 revenue of $1.07B, net income of $7.7M.

For Q1 2025, Bakkt Holdings reported Revenue was $1.07B, net income was $7.7M. Management discusses operating trends, liquidity, and outlook in the quarterly filing.

  • Revenue $1.07B for Q1 2025.
  • Net income $7.7M.
  • MD&A highlights operating priorities, capital, and sector risks.

Headline financials

Total Revenue

$1.07B

Previous: $855M+25.8%
EPS (adj)

$1.18

Previous: -$1.86+163.4%
Net Income

$7.71M

Previous: -$8.17M+194.4%
Operating Income

-$18.5M

Previous: -$31.8M+41.9%

Revenue & EPS history

Bakkt · Revenue · Quarterly

$1.07B

Q1 2025+25.8%vs Q1 2024
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

Bakkt · $335M total across 1 segment · Q2 2023

  • Crypto Services
    $335M

Forward guidance

The quarterly filing discusses operating priorities, liquidity, and sector-specific risks.

Tailwinds

  • Headline results anchor the quarter.
  • Balance sheet supports ongoing operations.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+4.3%

Avg return

Earnings day

+14.5%

Avg return

5 days after

+21.3%

Avg return

30 days after

47%

9 / 19 earnings

Positive

+62.5%

Q3 2023

Best reaction

-33.7%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.6%-16.0%-14.8%
Q3 2025-13.0%-23.3%-45.7%
Q1 2025+48.0%+27.8%+29.8%
Q4 2024+13.0%+30.4%-8.6%
Q3 2024-1.8%+155.9%+150.0%
Q2 2024-10.8%-9.8%-27.1%
Q1 2024-5.9%+49.3%+67.4%
Q4 2023-16.3%-14.5%-33.1%
Q3 2023+62.5%+76.4%+143.1%
Q2 2023+0.7%-4.3%-9.2%
Q1 2023-12.4%-5.8%+1.5%
Q4 2022-13.5%-3.2%+25.4%
Q3 2022+20.8%+24.9%-2.9%
Q2 2022+11.1%+2.2%-6.3%
Q1 2022+37.2%+28.8%+13.5%
Q4 2021-33.7%-31.8%-25.3%
Q3 2021-4.1%-11.2%+146.1%
Q2 2021-0.4%-0.7%+3.3%
Q1 2021+0.1%+0.1%-1.6%

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