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Bkkt) reported gaap revenue of $402.2m for q3 2025, up 27.1% yoy, and adjusted ebitda of $28.7m, up 240.6% yoy

Earnings call bakkt posted $402m in gaap revenue for q3 2025, up 27% yoy, driven by increased crypto trading activity Adjusted ebitda reached $28.7m vs A $20.4m loss in q3 2024 Bakkt reports q3 revenue up 27% yoy to $402.2m and a $23.2m net loss, driven by an accounting charge tied to warrants issued to its investors Bakkt reports third quarter 2025 results emily forgash / bloomberg: View bakkt releases, including company news, investor relations information and more.