Bakkt Holdings, Inc. (BKKT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 124.99M | 72.2M | 120.47M | 110.46M | 92.51M | 183.84M | 1.1B | 1.16B | 1.49B | 882.64M | 694.16M | 829.24M | 282.3M | 326.46M | 459.02M | 532.79M | 428.04M | 463.55M | 59.48M | 85.01M |
| Cash & Short-Term Investments | 97.38M | 41.62M | 63.41M | 43.49M | 23.01M | 39.05M | 35.71M | 60.67M | 118.62M | 102.12M | 90.9M | 99.43M | 117.6M | 239.39M | 273.72M | 315.5M | 355.2M | 407.86M | 24.43M | 50.11M |
| Cash Only | 79.98M | 26.96M | 58.32M | 43.49M | 23.01M | 39.05M | 28.98M | 47.5M | 100.61M | 84.72M | 68.22M | 84.52M | 50.8M | 98.33M | 159.85M | 126.75M | 355.2M | 407.86M | 22.11M | 50.11M |
| Short-Term Investments | 17.39M | 14.66M | 5.09M | 0 | 0 | 0 | 6.73M | 13.17M | 18.01M | 17.4M | 22.68M | 14.91M | 66.8M | 141.06M | 113.87M | 188.75M | 0 | 0 | 2.33M | 0 |
| Accounts Receivable | 9.53M | 12.07M | 10.35M | 21.73M | 27M | 24.65M | 26.79M | 22.7M | 37.16M | 29.66M | 21.7M | 21.02M | 25.39M | 25.31M | 22.11M | 21.84M | 17.96M | 18.14M | 13.28M | 11.87M |
| Days Sales Outstanding | 3.99 | 3.45 | 3.67 | 3.84 | 2.16 | 1.32 | 6.93 | 5.34 | 3.56 | 11.01 | 9.6 | 6.07 | 172.59 | 137.1 | 153.01 | 129.05 | 129.64 | 105.78 | 126.56 | 118.93 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 105.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | 26.18K | - | - | - | - | - | - | - |
| Other Current Assets | 18.09M | 18.51M | 38.82M | 39.45M | 35.42M | 113.61M | 1.04B | 1.06B | 1.32B | 737.81M | 562.21M | 685.07M | 26.61M | 32.88M | 136.48M | 164.21M | 18.63M | 551K | 16.86M | 23.03M |
| Total Non-Current Assets | 88.39M | 90.59M | 137.79M | 79.68M | 83.84M | 85.53M | 84.93M | 85.5M | 85.18M | 85.75M | 152.58M | 194.51M | 131.1M | 129.04M | 419.52M | 1.97B | 1.96B | 1.95B | 338.25M | 337.9M |
| Property, Plant & Equipment | 2.32M | 1.66M | 6.81M | 8.94M | 9.34M | 11.8M | 1.77M | 12.4M | 12.34M | 11.52M | 41.62M | 42.06M | 20.1M | 39.38M | 49.81M | 42.52M | 27.24M | 17.36M | 28.07M | 26M |
| Fixed Asset Turnover | 122.35x | 70.63x | 51.06x | 63.22x | 101.69x | 264.94x | 46.36x | 41.22x | 71.64x | 8.07x | 4.89x | 11.19x | 0.44x | 0.36x | 0.29x | 0.40x | 0.56x | 0.60x | 0.34x | 0.35x |
| Goodwill | 64.66M | 64.66M | 64.66M | 64.66M | 68M | 68M | 68M | 68M | 68M | 68M | 66.5M | 66.88M | 15.9M | 15.85M | 137.19M | 1.53B | 1.53B | 1.53B | 233.43M | 233.39M |
| Intangible Assets | 5.55M | 5.55M | 5.55M | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | 41.74M | 67.66M | 54.4M | 55.83M | 214.37M | 377.65M | 383.09M | 388.47M | 57.34M | 58.95M |
| Long-Term Investments | 0 | 0 | 11.47M | 0 | 0 | 0 | 0 | 0 | 0 | 2.9M | 0 | 0 | -66.25M | 0 | 0 | -188.14M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 15.86M | 18.72M | 49.3M | 3.18M | 3.6M | 2.83M | 12.26M | 2.2M | 1.94M | -1.09M | 2.71M | 17.91M | 40.7M | 17.98M | 18.14M | 18.06M | 18.5M | 17.79M | 19.42M | 19.55M |
| Total Assets | 213.38M | 162.79M | 258.26M | 190.14M | 176.35M | 269.38M | 1.18B | 1.24B | 1.58B | 968.4M | 846.73M | 1.02B | 413.3M | 455.5M | 878.54M | 2.5B | 2.38B | 2.42B | 397.73M | 422.91M |
| Asset Turnover | 1.30x | 1.42x | 1.79x | 3.15x | 4.82x | 2.48x | 0.27x | 0.36x | 0.67x | 0.24x | 0.22x | 0.48x | 0.03x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.02x | 0.02x |
| Asset Growth % | 21% | -39.57% | -78.16% | -84.7% | -88.81% | -72.18% | 39.68% | 21.41% | 281.21% | 112.6% | -3.62% | -59.02% | -82.66% | -81.15% | 120.89% | 490.7% | 439.9% | 415.93% | - | - |
| Total Current Liabilities | 30.27M | 33.03M | 53.77M | 93.19M | 58.43M | 137.72M | 1.04B | 1.08B | 1.4B | 802.07M | 593.55M | 721M | 84.3M | 92.13M | 184.29M | 220.1M | 72.9M | 73.6M | 66.59M | 64.84M |
| Accounts Payable | 17.39M | 29.54M | 10.18M | 14.44M | 10.29M | 12.78M | 9.47M | 8.15M | 5.67M | 14.93M | 3.8M | 6.45M | 8.88M | 25.98M | 11.02M | 13.59M | 12.27M | 10.65M | 13.89M | 15.1M |
| Days Payables Outstanding | 8.56 | 5.26 | 2.71 | 41.53 | 39.07 | 0.58 | 2.59 | 1.28 | 1.13 | 4.37 | 2.49 | 2.1 | 4.32K | 43.83 | 3.21K | 2.54K | - | 10.97 | 46.45 | 113.17 |
| Short-Term Debt | 0 | 0 | 0 | 22.31M | 0 | 0 | 9.95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.31M | 0 | 0 |
| Deferred Revenue (Current) | 0 | 789K | 789K | 1.63M | 1.52M | 1.6M | 2M | 2.32M | 3.29M | 4.28M | 4.37M | 3.76M | 3.8M | 3.97M | 3.83M | 4.07M | 0 | 4.63M | 0 | 0 |
| Other Current Liabilities | 12.88M | 2.7M | 21.61M | 2M | 1.62M | 998K | 974.25M | 975.99M | 1.24B | 702.62M | 506.44M | 660M | 27.05M | 16.6M | 120.49M | 148.19M | 33.53M | 26.67M | 26.69M | 29.02M |
| Current Ratio | 4.13x | 2.19x | 2.24x | 1.19x | 1.58x | 1.33x | 1.05x | 1.07x | 1.07x | 1.10x | 1.17x | 1.15x | 3.35x | 3.54x | 2.49x | 2.42x | 5.87x | 6.30x | 0.89x | 1.31x |
| Quick Ratio | 4.13x | 2.19x | 2.24x | 1.19x | 1.58x | 1.33x | 1.05x | 1.07x | 1.07x | 1.10x | 1.17x | 1.15x | 2.10x | 3.54x | 2.49x | 2.42x | 5.87x | 6.30x | 0.89x | 1.31x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | 22.03K | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 12.23M | 16.98M | 75.92M | 39.12M | 36.36M | 68.81M | 38.79M | 62.94M | 46.34M | 30.61M | 42.1M | 42.87M | 30.8M | 27.3M | 35.42M | 53.38M | 45.82M | 48.71M | 30.96M | 30M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 5.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 10.21M | 13.78M | 14.33M | 19.26M | 20.35M | 21.43M | 22.48M | 23.52M | 24.55M | 25.54M | 26.28M | 23.4M | 24.25M | 21.85M | 16.7M | 10.65M | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.53M | 0 | 0 | 0 | 0 | 2.74M | 22.41M | 0 | 13.79M | 0 | 0 |
| Other Non-Current Liabilities | 12.23M | 16.98M | 65.72M | 23.28M | 14.68M | 46.92M | 15.84M | 38.76M | 21.01M | 2.36M | 14.71M | 14.82M | 1.78M | 785K | 4.86M | 5.25M | 29.11M | 19.45M | 30.96M | 30M |
| Total Liabilities | 42.5M | 50.01M | 129.7M | 132.31M | 94.79M | 206.52M | 1.08B | 1.14B | 1.44B | 832.68M | 635.66M | 763.87M | 115.1M | 119.43M | 219.72M | 273.48M | 118.71M | 122.31M | 97.55M | 94.84M |
| Total Debt | 0 | 0 | 12.51M | 39.33M | 22.89M | 23.54M | 34.49M | 25.23M | 26.2M | 27.16M | 28.1M | 28.86M | 29.6M | 26.42M | 26.54M | 22.88M | 17.04M | 28.96M | 0 | 0 |
| Net Debt | -79.98M | -26.96M | -45.8M | -4.17M | -117K | -15.51M | 5.51M | -22.27M | -74.41M | -57.56M | -40.12M | -55.66M | -21.2M | -71.92M | -133.31M | -103.87M | -338.16M | -378.9M | -22.11M | -50.11M |
| Debt / Equity | - | - | 0.10x | 0.68x | 0.28x | 0.37x | 0.34x | 0.25x | 0.20x | 0.20x | 0.13x | 0.11x | 0.10x | 0.08x | 0.04x | 0.01x | 0.01x | 0.01x | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | -566.77x | - | - | - | - | - | - | - | - | - | - | - | - | - | -428.72x | -292.67x | -306.77x |
| Total Equity | 170.88M | 112.78M | 128.56M | 57.83M | 81.56M | 62.85M | 101.99M | 102.58M | 130.88M | 135.71M | 211.07M | 259.88M | 298.2M | 336.07M | 658.83M | 2.22B | 2.27B | 2.29B | 300.18M | 328.08M |
| Equity Growth % | 109.51% | 79.44% | 26.05% | -43.63% | -37.69% | -53.69% | -51.68% | -60.53% | -56.11% | -59.62% | -67.96% | -88.32% | -86.84% | -85.35% | 119.48% | 578.1% | 529.77% | 490.78% | - | - |
| Book Value per Share | 12.77 | 8.43 | 18.84 | 8.47 | 12.54 | 9.67 | 16.03 | 16.65 | 29.77 | 36.85 | 57.76 | 72.32 | 91.05 | 106.22 | 215.04 | 31.23 | 35.29 | 42.47 | 6.01 | 6.57 |
| Total Shareholders' Equity | 170.88M | 112.78M | 114.39M | 35.29M | 44.06M | 33.89M | 50.47M | 47.79M | 56.98M | 48.28M | 69.33M | 83.8M | 89.2M | 96.26M | 185.31M | 609.1M | 474.5M | 468.4M | 300.18M | 328.08M |
| Common Stock | 3K | 3K | 3K | 2K | 2K | 2K | 1K | 2K | 2K | 28K | 28K | 28K | 8K | 27K | 27K | 27K | 27K | 27K | 501.1M | 500.93M |
| Retained Earnings | -916.82M | -905.17M | -819.9M | -804.98M | -790.25M | -797.96M | -778.78M | -775.89M | -759.47M | -751.3M | -724.6M | -707.27M | -690.4M | -676.45M | -577.5M | -109.37M | -105.47M | -98.34M | -202.06M | -173.22M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 1.04M | 947K | -603K | -395K | -827K | -841K | -223K | -341K | -321K | -101K | -293K | -166K | -400K | -290K | -400K | -123K | -14K | -55K | 1.14M | 364K |
| Minority Interest | 0 | 0 | 14.17M | 22.53M | 37.5M | 28.96M | 51.52M | 54.78M | 73.9M | 87.43M | 141.74M | 176.08M | 209M | 239.81M | 473.51M | 1.62B | 1.79B | 1.83B | 0 | 0 |