Bakkt, Inc.
- BKKT · NYSE
- Finance Services
- Atlanta, GA
- 48 employees
- CIK 0001820302
Updated from SEC filings through
Top things to know
Revenue, FY2025$2.3B-32.1% vs FY2024Operating margin-6.3%Operating income -$148MEmployees48As of December 31, 2025Next earningsNovember 9, 202616:30 ETLatest 8-KDeparture or appointment of directors or officers; compensationFiled August 17, 2026Leadership changeItem 5.02 filedAugust 17, 2026, last 90 days
Executives
-
Akshay Naheta CEO of Bakkt 8-K, 2026-08-10 - Akshay Sudhir Naheta Chief Executive Officer 4, 2026-05-18
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Matthew A. White Chief Financial Officer 3, 2026-08-27 - Matt White Chief Financial Officer and principal financial officer 8-K, 2026-08-17
- Karen Alexander Chief Financial Officer 4, 2026-07-17
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Nicholas Baes Chief Operating Officer 4, 2026-09-25
What leadership is saying
“The foundation is built, and the commercial ramp is underway. The measure that matters from here is volume: we are reiterating our target of approximately $3 billion of Total Transacting Volume for 2026, setting a target of approximately $6 billion for the first half of 2027, and we will report what we deliver every month”
Earnings press release (8-K Ex. 99.1), filed November 9, 2026
Bakkt, Inc. is a U.S. public company in finance services (SIC 6199), headquartered in Atlanta, GA. It trades as BKKT on NYSE. Revenue was $2.3B in the fiscal year ending December 31, 2025, -32.1% from the year before. It reported about 48 employees. Akshay Naheta is CEO of Bakkt.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.3B 10-K, 2026-03-19 | $3.4B 10-K, 2026-03-19 | $727M 10-K, 2026-03-19 | $1.7M 8-K, 2025-12-10 | $28.5M 10-K, 2022-03-31 |
| Operating income | -$148M 10-K, 2026-03-19 | -$82.6M 10-K, 2026-03-19 | -$156M 10-K, 2026-03-19 | -$2.0B 8-K, 2025-12-10 | -$79.1M 10-K, 2022-03-31 |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | -$107M 10-K, 2026-03-19 | -$46.7M 10-K, 2026-03-19 | -$74.9M 10-K, 2026-03-19 | -$578M 8-K, 2025-12-10 | -$79.6M 10-K, 2022-03-31 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Akshay Naheta CEO | CEO of Bakkt | 8-K, 2026-08-10 |
| Akshay Sudhir Naheta | Chief Executive Officer | 4, 2026-05-18 |
| Matthew A. White | Chief Financial Officer | 3, 2026-08-27 |
| Matt White | Chief Financial Officer and principal financial officer | 8-K, 2026-08-17 |
| Karen Alexander | Chief Financial Officer | 4, 2026-07-17 |
| Nicholas Baes | Chief Operating Officer | 4, 2026-09-25 |
| Joseph Sean-Walsh Henderson | Chief Accounting Officer | 4, 2026-09-25 |
| Joseph Henderson | Chief Accounting Officer | 10-K, 2026-03-19 |
| Phillip Lord | President, Bakkt International | DEF 14A, 2025-09-09 |
| Marc D'Annunzio | General Counsel & Secretary | 4, 2026-09-25 |
| Colleen B. Brown | Board member (per proxy) bio: Director | DEF 14A, 2026-04-30 |
| Madelyn Alden Schwartzer | Board member (per proxy) bio: Member of the Bakkt Board of Directors | DEF 14A, 2026-04-30 |
| Michael Alfred | Board member (per proxy) bio: Director | DEF 14A, 2026-04-30 |
 Sean Collins | Director | 10-K, 2026-03-19 |
| Colleen Brown | Director | 10-K, 2026-03-19 |
| Lyn Alden | Director | 10-K, 2026-03-19 |
What Bakkt, Inc. does
, a Delaware corporation and its subsidiaries, and (2) the terms Company,” “we,” “us,” and “our,” refer to the ongoing business operations of Bakkt, Inc. and its subsidiaries, whether conducted through Bakkt or a subsidiary of Bakkt.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 45.1 million (as of October 30, 2026) | 10-Q, November 9, 2026 |
|---|---|---|
| Public float | $92.8M (as of June 30, 2025) | 10-K, March 19, 2026 |
| Reportable segments | 1 (period ending September 30, 2026) | 10-Q, November 9, 2026 |
| Latest proxy statement | Meeting December 31, 2025 (filed April 30, 2026) | DEF 14A, April 30, 2026 |
| Auditor | Grant Thornton LLP (Atlanta, Georgia) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 23, 2026 | Joseph Sean-Walsh Henderson Chief Accounting Officer | Sale | 282 | $2K | Form 4, September 25, 2026 |
| September 23, 2026 | Marc D'Annunzio General Counsel & Secretary | Sale | 1,272 | $11K | Form 4, September 25, 2026 |
| September 23, 2026 | Nicholas Baes Chief Operating Officer | Sale | 1,272 | $11K | Form 4, September 25, 2026 |
| August 18, 2026 | Michael Alfred Director | Buy | 296,567 | $2.1M | Form 4, August 19, 2026 |
| July 15, 2026 | Marc D'Annunzio General Counsel & Secretary | Sale | 539 | $5K | Form 4, July 17, 2026 |
| July 15, 2026 | Karen Alexander Chief Financial Officer | Sale | 657 | $6K | Form 4, July 17, 2026 |
| July 15, 2026 | Joseph Sean-Walsh Henderson Chief Accounting Officer | Sale | 94 | $783.02 | Form 4, July 17, 2026 |
| June 26, 2026 | Marc D'Annunzio General Counsel & Secretary | Sale | 2,919 | $23K | Form 4, June 29, 2026 |
Recent 8-K events
- 8-K filed 2026-08-17
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-10
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-26
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-06-04
- Item 8.01 Other events
- 8-K filed 2026-05-11
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-30
- Item 2.01 Completion of acquisition or disposition of assets
- Item 3.02 Unregistered sales of equity securities
- Item 5.01 Changes in control of registrant
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-04-20
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-03-24
- Item 8.01 Other events
- 8-K filed 2026-03-17
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-03-02
- Item 1.01 Entry into a material definitive agreement
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
Frequently asked questions about Bakkt, Inc.
- What does Bakkt, Inc. do?
- In its own words, from Item 1 of its 10-K: ", a Delaware corporation and its subsidiaries, and (2) the terms Company,” “we,” “us,” and “our,” refer to the ongoing business operations of Bakkt, Inc. and its subsidiaries, whether conducted through Bakkt or a subsidiary of Bakkt."
- What is Bakkt, Inc.'s revenue?
- $2.3B for the fiscal year ending December 31, 2025, from its 10-K filed March 19, 2026.
- Is Bakkt, Inc. profitable?
- Bakkt, Inc. reported net income of -$107M for the fiscal year ending December 31, 2025.
- How many employees does Bakkt, Inc. have?
- About 48 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Bakkt, Inc.?
- Akshay Naheta, CEO of Bakkt, as named in a 8-K filed August 10, 2026.
- Who is the CFO of Bakkt, Inc.?
- Matthew A. White, Chief Financial Officer, as named in a 3 filed August 27, 2026.
- Where is Bakkt, Inc. headquartered?
- Atlanta, GA.
- What is Bakkt, Inc.'s stock ticker?
- BKKT on NYSE.
- What industry is Bakkt, Inc. in?
- Finance Services, SIC code 6199.
- What is Bakkt, Inc.'s website?
- bakkt.com.
- When does Bakkt, Inc. report earnings next?
- November 9, 2026 at 16:30. Source: pg_future_events.
- Is Bakkt, Inc. a public company?
- Yes. Bakkt, Inc. files with the SEC under CIK 0001820302 and trades as BKKT.
- Who audits Bakkt, Inc.?
- Grant Thornton LLP, Atlanta, Georgia, as named in its latest annual report (10-K).
- How many shares of Bakkt, Inc. are outstanding?
- 45.1 million shares as of October 30, 2026, from its 10-Q filed November 9, 2026.
- What is Bakkt, Inc.'s public float?
- $92.8M as of June 30, 2025, as reported on the cover of its 10-K filed March 19, 2026.
- How many business segments does Bakkt, Inc. report?
- 1 reportable segment for the period ending September 30, 2026, from its 10-Q filed November 9, 2026.
- When is Bakkt, Inc.'s annual shareholder meeting?
- December 31, 2025, per its proxy statement (DEF 14A) filed April 30, 2026.
- Have Bakkt, Inc. insiders traded stock recently?
- Since July 15, 2025, officers and directors reported 22 open-market sales worth about $838K and 4 purchases worth about $10.6M on Forms 4 and 5. The most recent: Joseph Sean-Walsh Henderson (Chief Accounting Officer) sold 282 shares on September 23, 2026.