BKKTBakkt Holdings, Inc.

$153M

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$348M+2376.9% YoY

Gross Profit

$16M4.6% margin

Operating Income

-$51M-14.7% margin

Net Income

-$17M-4.8% margin

EPS (Diluted)

$-4.69

QoQ Revenue Growth

+2529.8%

Cash Flow

Operating Cash Flow

-$31M

Free Cash Flow

-$34M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$764M

Stockholders' Equity

$84M

Cash & Equivalents

$85M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$348M	$14M	+2376.9%
Gross Profit	$16M	$14M	+16.6%
Operating Income	-$51M	-$44M	-17.3%
Net Income	-$17M	-$4M	-332.3%

Revenue Segments

Subscription And Service Revenue

$5M98%

Transaction Revenue, Net

$100,0002%

BKKT Q2 2023 Earnings — Bakkt Holdings, Inc. Revenue & Financial Results | Market Cap Arena