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Bakkt Inc's Business Segments
Bakkt Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2026
Reportable Segments
1
Largest Segment
Reportable
Total Revenue
$ 170
Regions Reported
1
Revenue Share by Reportable Segment - Q2 FY2026
- Reportable100%
Revenue by Reportable Segment - Q2 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Reportable | $ 170 | 100% |
Revenue Share by Region - Q2 FY2026
- Geographic Distribution, Foreign13.2%
Revenue by Geographic Region - Q2 FY2026
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| Geographic Distribution, Foreign | $ 22 | 13.2% |
Revenue by Product & Service Category - Q2 FY2026
- Transaction Revenue, Net99.9%
- Subscription and service revenue0.1%
Revenue by Product & Service Category - Q2 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Transaction Revenue, Net | $ 170 | 99.9% |
| Subscription and service revenue | $ 0 | 0.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Bakkt Inc
Bakkt was established in 2018. Our goal is to link the digital economy. Our platform, which operates at the crossroads of cryptoassets ("crypto"), loyalty and rewards, and payments - and, in the future, other types of digital assets - is uniquely positioned to enable consumers, brands, and financial institutions to better manage, transact with, and monetize those assets in novel ways.
Bakkt Holdings Inc. is a technology company focused on integrating digital assets into the economy. It provides a variety of products and services that bridge the gap between cryptocurrencies, traditional finance, and everyday consumers.
Segments
1. Consumer:
- Bakkt aims to serve individual consumers looking to engage with digital assets securely and conveniently.
- This segment includes mobile applications and platforms that allow users to buy, sell, and store cryptocurrencies and other types of digital assets.
2. Merchant:
- This segment focuses on businesses offering solutions that enable merchants to accept and transact with digital assets.
- These services provide merchants with the capability to easily integrate cryptocurrency transactions into their existing payment systems.
3. Institutional:
- Bakkt provides services to institutional investors, including trading and custody services for cryptocurrencies.
- This segment also includes transaction facilitation for large-scale clients and partnerships with financial institutions looking to expand into the digital asset space.
Products
1. Bakkt App:
- A comprehensive mobile application for consumers to manage their digital assets, including cryptocurrencies and reward points. The app allows users to trade, buy, and transfer assets seamlessly, catering to a novice audience while providing robust security features.
2. Bakkt Warehouse:
- A regulated and secure digital asset custody solution designed for institutional clients. This service addresses the need for regulated storage of cryptocurrencies, ensuring compliance and security.
3. Bakkt Bitcoin Futures:
- Bakkt offers Bitcoin futures contracts that enable institutional investors to hedge their positions in the cryptocurrency market. These futures are designed for both settlement and risk management.
4. Bakkt Crypto Rewards:
- This feature allows users to collect and utilize loyalty program rewards in the form of cryptocurrencies, promoting the widespread adoption and use of digital assets in daily transactions.
5. Bakkt Business Solutions:
- This includes tailored offerings for businesses looking to integrate digital assets into their operations. It provides tools and services to accept and manage cryptocurrency transactions, thereby expanding payment capabilities.
6. API Services:
- Bakkt provides API integrations that facilitate easy access to its platform for third-party developers, allowing them to build and customize applications involving digital assets.
Services
1. Payment Processing:
- Bakkt enables businesses to accept cryptocurrency as a form of payment, thereby expanding their customer base and offering more payment flexibility. This service also converts cryptocurrencies to fiat currencies at the point of sale, simplifying the transaction process for merchants.
2. Liquidity Provision:
- Bakkt offers market liquidity solutions for institutional clients, ensuring they can trade digital assets efficiently without impacting the market significantly.
3. Consulting Services:
- Providing insights and strategic advice to businesses looking to navigate the digital asset landscape, including regulatory considerations, marketplace trends, and technology integration.
4. Education and Training:
- Bakkt provides educational resources aimed at fostering understanding and adoption of digital assets among consumers and businesses. This may include workshops, webinars, and written content exploring various aspects of cryptocurrency and blockchain technology.
Through these segments, products, and services, Bakkt Holdings Inc. seeks to create a comprehensive ecosystem for digital assets, emphasizing security, compliance, and user-friendly interfaces to promote wider adoption across various demographics.
Segments
1. Consumer:
- Bakkt aims to serve individual consumers looking to engage with digital assets securely and conveniently.
- This segment includes mobile applications and platforms that allow users to buy, sell, and store cryptocurrencies and other types of digital assets.
2. Merchant:
- This segment focuses on businesses offering solutions that enable merchants to accept and transact with digital assets.
- These services provide merchants with the capability to easily integrate cryptocurrency transactions into their existing payment systems.
3. Institutional:
- Bakkt provides services to institutional investors, including trading and custody services for cryptocurrencies.
- This segment also includes transaction facilitation for large-scale clients and partnerships with financial institutions looking to expand into the digital asset space.
Products
1. Bakkt App:
- A comprehensive mobile application for consumers to manage their digital assets, including cryptocurrencies and reward points. The app allows users to trade, buy, and transfer assets seamlessly, catering to a novice audience while providing robust security features.
2. Bakkt Warehouse:
- A regulated and secure digital asset custody solution designed for institutional clients. This service addresses the need for regulated storage of cryptocurrencies, ensuring compliance and security.
3. Bakkt Bitcoin Futures:
- Bakkt offers Bitcoin futures contracts that enable institutional investors to hedge their positions in the cryptocurrency market. These futures are designed for both settlement and risk management.
4. Bakkt Crypto Rewards:
- This feature allows users to collect and utilize loyalty program rewards in the form of cryptocurrencies, promoting the widespread adoption and use of digital assets in daily transactions.
5. Bakkt Business Solutions:
- This includes tailored offerings for businesses looking to integrate digital assets into their operations. It provides tools and services to accept and manage cryptocurrency transactions, thereby expanding payment capabilities.
6. API Services:
- Bakkt provides API integrations that facilitate easy access to its platform for third-party developers, allowing them to build and customize applications involving digital assets.
Services
1. Payment Processing:
- Bakkt enables businesses to accept cryptocurrency as a form of payment, thereby expanding their customer base and offering more payment flexibility. This service also converts cryptocurrencies to fiat currencies at the point of sale, simplifying the transaction process for merchants.
2. Liquidity Provision:
- Bakkt offers market liquidity solutions for institutional clients, ensuring they can trade digital assets efficiently without impacting the market significantly.
3. Consulting Services:
- Providing insights and strategic advice to businesses looking to navigate the digital asset landscape, including regulatory considerations, marketplace trends, and technology integration.
4. Education and Training:
- Bakkt provides educational resources aimed at fostering understanding and adoption of digital assets among consumers and businesses. This may include workshops, webinars, and written content exploring various aspects of cryptocurrency and blockchain technology.
Through these segments, products, and services, Bakkt Holdings Inc. seeks to create a comprehensive ecosystem for digital assets, emphasizing security, compliance, and user-friendly interfaces to promote wider adoption across various demographics.