# Bakkt Inc. (BKKT) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Technology / Software. Price $8.33, market value $375 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Bakkt Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.2×**. Each dollar of revenue is priced at 0.2×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.

## Profitability
- **Operating margin: -6.3%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -4.6%**. The company reported a net loss over the last twelve months.
- **Return on equity: -95.1%**. Return on equity is negative because earnings are negative.
- **Return on assets: -65.9%**. Each dollar of assets produces -65.9% of profit.

## Growth
- **Revenue growth (1 yr): -32.1%** (3-yr 246.3%/yr). Revenue fell 32.1% over the last year.
- **EPS growth (1 yr): -11.3%**. Earnings per share fell 11.3%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Current ratio: 2.19** (quick 2.19). Current assets cover the next year's liabilities 2.19 times.
- **Altman Z-score: 17.11**. A Z-score of 17.11 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Bakkt Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -0.7%** (YTD -17.0%, 3-mo 6.4%). The shares are down 0.7% over twelve months including dividends.
- **From 52-week high: -83.3%** (24.1% above the low). Trading 83% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): 4.34** (volatility 135%). Beta of 4.34 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BKKT · Page: https://foliofundamentals.com/stocks/bkkt

Not investment advice.