Bullish (BLSH)
NYSE: BLSH · Real-Time Price · USD
32.34
-1.22 (-3.64%)
Aug 28, 2026, 2:27 PM EDT - Market open
Bullish Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 300.72 | 237.24 | 158.48 | 88.28 | 97.98 | 0.29 |
Revenue Growth | 80.50% | 49.70% | 79.52% | -9.90% | 33339.93% | - |
Gross Profit Gross Profit Growth | 300.72 | 237.24 | 158.48 | 88.28 | 97.98 | 0.29 |
Operating Income Operating Income Growth | -796.4 | -182.9 | 191.88 | 1,301 | -4,122 | -1,276 |
Net Income Net Income Growth | -1,380 | -764.68 | 78.53 | 1,299 | -4,246 | -1,401 |
Earnings Per Share EPS Growth | -9.41 | -5.99 | 0.68 | 10.63 | -37.74 | -12.46 |
EPS Growth | - | - | -93.60% | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Adjusted Transaction Adjusted Transaction Growth | 132.5 | 130.7 | 153.2 | 131 | 186 |
Subscription & Services Subscription & Services Growth | 221.4 | 155.5 | 59.8 | 15 | 5 |
Digital Assets Held as Investments & Other Digital Assets Held as Investments & Other Growth | - | 2.2 | 0.9 | 4 | - |
Revenue (Total) Revenue (Total) Growth | 190,571 | 244,970 | 250,263 | 116,508 | 72,895 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 312.85 | 492.04 | 117.71 | 114 | 1,384 | 1,235 |
Total Debt Total Debt Growth | 518.15 | 581.09 | 590.94 | 488.28 | 1,297 | 1,173 |
Net Cash (Debt) Net Cash Growth | -205.3 | -89.05 | -473.23 | -374.28 | 86.49 | 61.95 |
Net Cash Growth | - | - | - | - | 39.61% | - |
Net Cash Per Share Net Cash Per Share Growth | -1.40 | -0.70 | -4.10 | -3.06 | 0.77 | 0.55 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 123.02 | 28.63 | -29.98 | -126.67 | 194.93 | -120.95 |
Capital Expenditures CapEx Growth | -10.73 | -9.93 | -0.39 | -0.97 | -1.29 | -2.09 |
Free Cash Flow Free Cash Flow Growth | 112.29 | 18.7 | -30.37 | -127.63 | 193.64 | -123.03 |
Free Cash Flow Growth | 167.98% | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
Operating Margin | -264.83% | -77.09% | 121.08% | 1474.18% | -4206.98% | -435362.12% |
Pretax Margin | -475.96% | -331.48% | 53.36% | 1474.22% | -4332.24% | -478151.54% |
Profit Margin | -458.93% | -322.32% | 49.55% | 1471.61% | -4333.46% | -478241.30% |
FCF Margin | 37.34% | 7.88% | -19.16% | -144.58% | 197.63% | -41990.44% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Forward PE | 61.40 | 55.89 | - | - | - | - |
P/FCF Ratio | 43.74 | 305.14 | - | - | - | - |
PS Ratio | 16.33 | 24.05 | - | - | - | - |