Bakkt (BKKT) EBITDA Margin %: -10.18% (As of Jun. 2026)

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BKKT Bakkt Inc BKKT
71 GF Score
Price $8.55
GF Value $2.70
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Bakkt EBITDA Margin %?

Bakkt BKKT -0.47% 71 EBITDA Margin % is -10.18% as of Jun. 2026. GuruFocus rates BKKT with a GF Score™ of 71/100 and a GF Value™ of $2.70 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,827 Software companies, Bakkt ranks worse than 78.1% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Bakkt's EBITDA for the three months ended in Jun. 2026 was $-17 Mil. Bakkt's Revenue for the three months ended in Jun. 2026 was $170 Mil. Therefore, Bakkt's EBITDA margin for the quarter that ended in Jun. 2026 was -10.18%.


Bakkt  (NYSE:BKKT) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Bakkt EBITDA Margin % Related Terms


Bakkt EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Bakkt's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bakkt EBITDA Margin % Chart

Bakkt Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial -361.70 -270.29 -13.34 -2.13 -6.04

Bakkt Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.81 -5.31 -30.29 -6.92 -10.18

BKKT vs GRRR, TLS, MOVE: EBITDA Margin % Comparison

For the Software - Infrastructure subindustry, Bakkt's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bakkt EBITDA Margin % vs Software Industry

For the Software industry and Technology sector, Bakkt's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Bakkt's EBITDA Margin % falls into.


BKKT
71GF Score
Bakkt Inc BKKT
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bakkt EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Bakkt's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-141.107/2335.243
=-6.04 %

Bakkt's EBITDA Margin % for the quarter that ended in Jun. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=-17.315/170.149
=-10.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of -10.18% mean?
Bakkt (BKKT) has a EBITDA Margin % of -10.18% as of Jun. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Bakkt and its competitors. According to the industry distribution chart, Bakkt ranks #2208 out of 2827 companies in the Software industry, placing it in the top 78.1%.
Is Bakkt's EBITDA Margin % too high?
Bakkt's current EBITDA Margin % is -10.18%. Based on the distribution chart, Bakkt ranks #2208 out of 2827 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Bakkt has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bakkt's EBITDA Margin % compare to GRRR and TLS?
According to the Software industry distribution chart, Bakkt ranks #2208 out of 2827 companies for EBITDA Margin %. This places Bakkt in the lower half of its industry. The industry median EBITDA Margin % is 8.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Software company?
The median EBITDA Margin % among Software companies is 8.18, based on 2,827 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Bakkt and its competitors. For the Software industry, the median EBITDA Margin % is 8.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bakkt's current EBITDA Margin % is -10.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bakkt stock overvalued right now?
Based on GuruFocus' analysis, Bakkt (BKKT) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.70, compared to a current price of $8.55 — trading 216.7% above its estimated fair value. The current EBITDA Margin % is -10.18%. Bakkt's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Bakkt (BKKT), the current EBITDA Margin % is -10.18% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bakkt (BKKT) Overvalued in 2026?

Based on GuruFocus' analysis, Bakkt stock appears to be overvalued. The current stock price of $8.55 is trading 216.7% above its estimated GF Value™ of $2.70. GuruFocus considers Bakkt to be Significantly Overvalued.

Key valuation signals for BKKT:

  • EBITDA Margin %: -10.18%
  • GF Value™: $2.70 vs. price of $8.55 (216.7% above fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the BKKT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bakkt Business Description

Address One Liberty Plaza, One Liberty Street, New York, NY, USA, 10006
Bakkt Inc builds digital financial infrastructure designed to support institutional participation in the digital asset economy. The company platform is built to accommodate various digital assets and offers its clients the flexibility to build a product that aligns with its vision and customers' needs. Its services include Bakkt Markets, Bakkt Agent, Bakkt Global.
71GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.55
Price
$2.70
GF Value