BKKT
Bakkt Holdings, Inc.
There isn't enough reported data to score BKKT yet.
MSFT
Microsoft Corporation
MSFT's fundamentals are strong and it looks cheap: trading at 27x earnings, below its usual 34x. Analysts expect strong earnings growth.
BKKT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Unavailable | |
| Unavailable |
BKKT's revenue is currently healthy, but its profitability is under pressure. There isn't enough data to rate its cash flow and balance sheet.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
BKKT PE Valuation
BKKT has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 24x next year's earnings.
MSFT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $523 | — |
| Cheap | 27x | $525 | +0.4% |
| Current | 27x | $523 | — |
| Fair | 34x | $652 | +25% |
| Expensive | 37x | $711 | +36% |
Historical ranges are pointers, not guarantees.
MSFT's PE is in its cheap range at 27x. If earnings grow as analysts expect, today's price would be 25x next year's earnings.
BKKT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Improving | |
| Limited | |
| High |
BKKT has the edge over MSFT on the outlook, with more favorable profitability expectations.
MSFT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.
BKKT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.15 | — |
| Q3 2026 | -$4.85 | +$0.32 |
| Q2 2026 | -$6.31 | -$1.84 |
| Q1 2026 | -$10.41 | -$5.43 |
| Q4 2025 | -$8.87 | -$0.90 |
| Q3 2025 | -$5.17 | +$7.06 |
| Q2 2025 | -$4.47 | +$12.06 |
| Q1 2025 | -$4.98 | +$13.63 |
| Q4 2024 | -$7.97 | +$13.03 |
BKKT is still losing money, but far less than before: $4.85 per share over the past year, against $207.25 at its worst in mid-2023.
MSFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.79 | +8.6% |
| Q3 2026 | $19.15 | +36% |
| Q2 2026 | $17.95 | +32% |
| Q1 2026 | $16.80 | +30% |
| Q4 2025 | $15.99 | +29% |
| Q3 2025 | $14.06 | +16% |
| Q2 2025 | $13.64 | +16% |
| Q1 2025 | $12.93 | +12% |
| Q4 2024 | $12.41 | +12% |
MSFT has the edge over BKKT on earnings quality, reporting a profit while its opponent remains loss making.
BKKT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2025 | $577.9M | +13% |
| Q1 2025 | $1.1B | +26% |
| Q4 2024 | $1.8B | +738% |
| Q3 2024 | $328.4M | +60% |
| Q2 2024 | $509.9M | +47% |
| Q1 2024 | $854.6M | +6481% |
| Q4 2023 | $214.5M | +1275% |
| Q3 2023 | $204.8M | +1492% |
MSFT has the stronger quarterly revenue trend. Revenue is up 13% for BKKT versus up 19% for MSFT.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2025 | -3.2% | +1.1 points |
| Q1 2025 | -1.7% | +2 points |
| Q4 2024 | -0.7% | +36 points |
| Q3 2024 | -8.3% | +18 points |
| Q2 2024 | -4.3% | +10 points |
| Q1 2024 | -3.7% | +346 points |
| Q4 2023 | -37% | +2091 points |
| Q3 2023 | -26% | +12376 points |
BKKT's operating margin was −3.2% last quarter, up 1.1 points from the same quarter a year ago.
MSFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $92.3B | +19% |
| Q2 2026 | $90B | +18% |
| Q1 2026 | $82.9B | +18% |
| Q4 2025 | $81.3B | +17% |
| Q3 2025 | $77.7B | +18% |
| Q2 2025 | $76.4B | +18% |
| Q1 2025 | $70.1B | +13% |
| Q4 2024 | $69.6B | +12% |
MSFT's revenue has grown year over year every quarter since late 2020: $92.3B last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 50% | +0.9 points |
| Q2 2026 | 45% | +0.2 points |
| Q1 2026 | 46% | +0.7 points |
| Q4 2025 | 47% | +1.6 points |
| Q3 2025 | 49% | +2.3 points |
| Q2 2025 | 45% | +1.8 points |
| Q1 2025 | 46% | +1.1 points |
| Q4 2024 | 45% | +1.9 points |
MSFT's operating margin was 50% last quarter, up 0.9 points from the same quarter a year ago, near the top of its range since 2019.
BKKT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$17.9M | +$28.7M |
| Q2 2026 | -$14.8M | -378% |
| Q1 2026 | -$12.1M | +$89.3M |
| Q4 2025 | -$10.8M | -135% |
| Q3 2025 | -$46.7M | -$21M |
| Q2 2025 | $5.3M | +$71.7M |
| Q1 2025 | -$101.4M | -377% |
| Q4 2024 | $31.1M | +$39.4M |
BKKT has burned cash in most quarters: −$56M over the past year, against −$112M the year before.
MSFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.6B | -27% |
| Q2 2026 | $19.6B | -23% |
| Q1 2026 | $15.8B | -22% |
| Q4 2025 | $5.9B | -9.3% |
| Q3 2025 | $25.7B | +33% |
| Q2 2025 | $25.6B | +9.6% |
| Q1 2025 | $20.3B | -3.2% |
| Q4 2024 | $6.5B | -29% |
MSFT has the edge over BKKT on cash generation, producing positive trailing cash flow while its opponent burns cash.
BKKT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +10% | +4.3M shares |
| 1 year | +573% | +39.1M shares |
| 3 years | +1179% | +42.4M shares |
BKKT has 46M diluted shares, up 573% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $49,000 |
| Q2 2026 | $49,000 |
| Q1 2026 | $280,000 |
| Q3 2025 | $1.7M |
| Q2 2025 | $806,000 |
| Q1 2025 | $906,000 |
| Q4 2024 | $260,000 |
| Q3 2024 | $112,000 |
MSFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -7M shares |
| 1 year | -0.3% | -20M shares |
| 3 years | -0.2% | -16M shares |
| 5 years | -1.6% | -121M shares |
| Available history | -3.2% | -245M shares |
MSFT has the edge over BKKT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.4B |
| Q2 2026 | $4.6B |
| Q1 2026 | $4.6B |
| Q4 2025 | $7.4B |
| Q3 2025 | $5.7B |
| Q2 2025 | $4.5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5B |
MSFT spent $21B buying back its own shares over the past year, up 5.2% from the year before.
BKKT Net Leverage
BKKT's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT's net debt is less than a year of its operating earnings (EBITDA).
BKKT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.3 | Neutral |
| Stochastic | 4.4 | Oversold |
BKKT's weekly RSI is 31 (neutral) and its Stochastic is 4 (oversold).
MSFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 68.0 | Neutral |
MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).
BKKT PE vs Technology Sector
BKKT has no meaningful PE right now: it lost money over the past year.
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT is trading at 27x earnings, in line with the Technology sector's median of 28x.
BKKT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.80 | 37% below |
| 20 week MA | $7.08 | 48% below |
| 50 week MA | $9.20 | 60% below |
| 100 week MA | $13.0 | 72% below |
| 200 week MA | $20.0 | 82% below |
BKKT is in a downtrend: it's below all five of its weekly moving averages, and 82% below its 200-week average.
MSFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $524.7 | 0.3% below |
| 20 week MA | $484.8 | 7.9% above |
| 50 week MA | $446.9 | 17% above |
| 100 week MA | $453.8 | 15% above |
| 200 week MA | $411.5 | 27% above |
MSFT has the edge over BKKT on trend strength, trading above more of its moving averages.
BKKT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $240.0 | $255.3 | +6.4% |
| 2021 | $255.3 | $250.0 | -2.1% |
| 2022 | $250.0 | $33.0 | -87% |
| 2023 | $33.0 | $55.8 | +69% |
| 2024 | $55.8 | $27.5 | -51% |
| 2025 | $27.5 | $10.5 | -62% |
| 2026 YTD | $10.5 | $3.67 | -65% |
BKKT has finished lower in four of the last six years. It's down 65% so far in 2026.
MSFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $222.8 | +40% |
| 2021 | $222.8 | $334.7 | +50% |
| 2022 | $334.7 | $238.7 | -29% |
| 2023 | $238.7 | $376.0 | +58% |
| 2024 | $376.0 | $430.5 | +14% |
| 2025 | $430.5 | $487.7 | +13% |
| 2026 YTD | $487.7 | $523.0 | +7.2% |
MSFT has the edge over BKKT on returns for 2026, with the stronger performance.