BKKT Q3 2023 Earnings — Bakkt Holdings, Inc. Revenue & Financial Results | Market Cap Arena

BKKTBakkt Holdings, Inc.

$153M

Q3 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$205M+1449.8% YoY

Gross Profit

$15M7.5% margin

Operating Income

-$53M-25.8% margin

Net Income

-$17M-8.5% margin

EPS (Diluted)

$-4.74

QoQ Revenue Growth

-41.1%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$23M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$847M

Total Liabilities

$636M

Stockholders' Equity

$69M

Cash & Equivalents

$68M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$205M	$13M	+1449.8%
Gross Profit	$15M	$13M	+19.3%
Operating Income	-$53M	-$1.6B	+96.7%
Net Income	-$17M	-$468M	+96.3%