Bakkt Reports Second Quarter 2026 Results

- In the second quarter, GAAP net income was reported at $80.8 million, equivalent to $1.96 per basic and $1.94 per diluted share. Total Transacting Volume for the same period was $168.8 million, which contributed to a first-half TTV of $410.0 million. - Bakkt Markets now have six live commercial offerings, with plans for further expansion. - The company's Bakkt Agent Embedded Finance service is now open for partner integration, with co-branded card programs and Neobank-as-a-Service offerings scheduled for Q4 of 2026. - As of June 30, 2026, cash, cash equivalents, and restricted cash totaled $50.7 million, and there is no long-term debt. - Regulatory approvals in India were received, and the allotment of 47.5 million Transchem warrants was successfully completed in June, with a fair value of $107.9 million as of the end of June 2026.