BKKT Q3 2024 Earnings — Bakkt Holdings, Inc. Revenue & Financial Results | Market Cap Arena

BKKTBakkt Holdings, Inc.

$153M

Q3 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$328M+60.4% YoY

Gross Profit

$16M4.7% margin

Operating Income

-$27M-8.3% margin

Net Income

-$3M-0.9% margin

EPS (Diluted)

$-0.45

QoQ Revenue Growth

-35.6%

Cash Flow

Operating Cash Flow

-$25M

Free Cash Flow

-$23M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.1B

Stockholders' Equity

$50M

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$328M	$205M	+60.4%
Gross Profit	$16M	$15M	+1.5%
Operating Income	-$27M	-$53M	+48.2%
Net Income	-$3M	-$17M	+83.3%

Revenue Segments

Transaction Revenue, Net

$322M98%

Subscription And Service Revenue

$6M2%