BKKTBakkt Holdings, Inc.

$153M

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$510M+46.7% YoY

Gross Profit

$18M3.6% margin

Operating Income

-$22M-4.3% margin

Net Income

-$16M-3.2% margin

EPS (Diluted)

$-2.67

QoQ Revenue Growth

-40.3%

Cash Flow

Operating Cash Flow

-$66M

Free Cash Flow

-$66M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.1B

Stockholders' Equity

$48M

Cash & Equivalents

$47M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$510M	$348M	+46.7%
Gross Profit	$18M	$16M	+15.0%
Operating Income	-$22M	-$51M	+56.9%
Net Income	-$16M	-$17M	+2.5%

Revenue Segments

Transaction Revenue, Net

$504M99%

Subscription And Service Revenue

$6M1%

BKKT Q2 2024 Earnings — Bakkt Holdings, Inc. Revenue & Financial Results | Market Cap Arena