---
schema_version: "secwatch.filing_event.v1"
accession: "0001820302-24-000055"
form_type: "8-K"
ticker: "BKKT"
cik: "0001820302"
company_name: "Bakkt, Inc."
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:37:28.519143+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bakkt Q4 revenue $214.5M, net loss $78.7M; 2024 outlook revenue $3.3B-$5.1B

## Summary
- Q4 total revenues $214.5M (gross crypto $199.4M); full year $780.1M.
- Q4 adjusted EBITDA loss $19.0M (improved 38% YoY), net loss $78.7M.
- Closed $42.4M registered direct offering with ICE and others, alleviating going concern doubt.
- 2024 guidance: revenue $3,292M-$5,114M; operating cash flow usage $58M-$72M (down ~70% YoY).
- Launched Collaborative Custody; institutional trading venue expected Q3 2024.

## SEC filing metadata
- accession: 0001820302-24-000055
- form_type: 8-K
- ticker: BKKT
- cik: 0001820302
- company_name: Bakkt, Inc.
- filed_at: 2024-03-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820302/000182030224000055/0001820302-24-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820302/000182030224000055/bakkt-20240325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820302-24-000055
- JSON: https://secwatch.observer/filing/0001820302-24-000055.json
- Plain text: https://secwatch.observer/filing/0001820302-24-000055.txt

## Key facts
- Earnings Releases
  Bakkt, Inc. reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On March 25, 2024 , Bakkt Holdings, Inc. (the “Company”) issued a press release regarding the Company’s results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820302/000182030224000055/0001820302-24-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.