Bakkt releases transcript of Q2 2026 earnings call

Reuters2026/08/17 15:40

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Bakkt’s Q2 2026 earnings call drew CEO Akshay Naheta, CCO Daniel Ishag, CFO Karen Alexander, IR head Cody Fletcher; analysts Brian Dobson, Mark Palmer.
Naheta projected adjusted EBITDA break-even in Q4 2026, contingent on the timing and scale of client activations already in progress.
Ishag kept the 2026 total transacting volume target at USD 2.5 billion; H1 volume totaled USD 410 million, with payments added from May 1.
Management cited cross-border payment margins of 50 basis points to 1.5 points, versus low-single to low-teen basis points in major stablecoin currencies.
Bakkt posted GAAP net income of USD 80.8 million, diluted EPS of USD 1.94, cash and restricted cash of USD 50.7 million, no long-term debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bakkt Inc. published the original content used to generate this news brief on August 17, 2026, and is solely responsible for the information contained therein.

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Bakkt releases transcript of Q2 2026 earnings call

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