Bakkt Reports Third Quarter 2025 Results
(NYSE:BKKT), – GAAP revenue1 of $402.2 million, up 27% year-over-year– GAAP net loss of $23.2 million, primarily due to 2024 registered direct offering warrant liability mark-to-market– Adjusted EBITDA of $28.7 million, up 241% year-over-year– Ended the quarter with $64.4 million in cash and restricted cash with no long-term debt– Completed sale of Loyalty business October […]