Bakkt Holdings, Inc.BKKTNYSE
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Operating Expenses Over TimeContracting
Percentile Rank33
3Y CAGR-68.7%
5Y CAGR+5.4%
Studio
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
-68.7%/yr
Annual compound
5Y CAGR
+5.4%/yr
Recent deceleration
Percentile
P33
Within normal range
vs 5Y Ago
1.3x
Solid growth
Streak
3 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$63.75M-64.6%
2024$179.93M-37.9%
2023$289.51M-86.0%
2022$2.07B+929.5%
2021$201.40M+311.2%
2020$48.98M+1140.7%
2019$3.95M-