Bakkt (BKKT) Retained Earnings: $-836 Mil (As of Jun. 2026)

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BKKT Bakkt Inc BKKT
71 GF Score
Price $8.59
GF Value $2.70
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Bakkt Retained Earnings?

Bakkt BKKT +14.53% 71 Retained Earnings is $-836 Mil 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.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bakkt's retained earnings for the quarter that ended in Jun. 2026 was $-836 Mil.

Bakkt's quarterly retained earnings declined from Dec. 2025 ($-905 Mil) to Mar. 2026 ($-917 Mil) but then increased from Mar. 2026 ($-917 Mil) to Jun. 2026 ($-836 Mil).

Bakkt's annual retained earnings declined from Dec. 2023 ($-751 Mil) to Dec. 2024 ($-798 Mil) and declined from Dec. 2024 ($-798 Mil) to Dec. 2025 ($-905 Mil).


Bakkt  (NYSE:BKKT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Bakkt Retained Earnings Historical Data

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The historical data trend for Bakkt's Retained Earnings 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 Retained Earnings Chart

Bakkt Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial -98.34 -676.45 -751.30 -797.96 -905.17

Bakkt Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Retained Earnings 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 -804.98 -819.90 -905.17 -916.82 -835.98
BKKT
71GF Score
Bakkt Inc BKKT
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Bakkt Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-836 Mil mean?
Bakkt (BKKT) has a Retained Earnings of $-836 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Bakkt and its competitors.
Is Bakkt's Retained Earnings too high?
Bakkt's current Retained Earnings is $-836 Mil. 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 Retained Earnings compare to GRRR and TLS?
Bakkt's Retained Earnings of $-836 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Software company?
A good Retained Earnings depends on the Software industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Bakkt and its competitors. Bakkt's current Retained Earnings is $-836 Mil. 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 $8.59 — trading 218.1% above its estimated fair value. The current Retained Earnings is $-836 Mil. 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Bakkt (BKKT), the current Retained Earnings is $-836 Mil 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 $8.59 is trading 218.1% above its estimated GF Value™ of $2.70. GuruFocus considers Bakkt to be Significantly Overvalued.

Key valuation signals for BKKT:

  • Retained Earnings: $-836 Mil
  • GF Value™: $2.70 vs. price of $8.59 (218.1% 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

Get the complete analysis for BKKT

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

$8.59
Price
$2.70
GF Value