Bullish $BLSH

Information Technology

$28.56
-1.21 (-4.06%)
As of Oct 22, 2026, 2:53 PM EDT · cached
Price history
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Bullish (BLSH) is trading down at $28.56 (-4.06%), as of the latest quote. It is a Russell 1000 constituent in the Information Technology sector.

IPO: August 13, 2025 · $37.00 offering · NYSE · View IPO details →

Bullish revenue & net income history (FY2023–FY2025)

RevenueNet incomeNet margin (right axis, %)
$250.2B$124.7B−$764.7MFY2023 revenue: $116.5BFY2023 net income: $1.30B · Net margin 1.1%'23FY2024 revenue: $250.2BFY2024 net income: $78.5M · Net margin 0.031%'24FY2025 revenue: $244.8BFY2025 net income: −$764.7M · Net margin −0.3%'250%5%10%15%20%FY2023 net margin: 1.1%FY2024 net margin: 0.031%FY2025 net margin: −0.3% (off the scale, which stops at −0.1%)
Bullish annual financial statements
FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue$116.5B$250.2B$244.8B
Growth (year over year)—+114.8%−2.2%
Gross profit$72.9M$96.5M$78.3M
Gross margin0.1%0.0%0.0%
Net income$1.30B$78.5M−$764.7M
Net margin1.1%0.0%−0.3%
EPS (diluted)$10.63$0.68−$5.99
Balance sheet
Cash and equivalents$112.9M$31.5M$87.9M
Total assets—$3.05B$3.96B
Total liabilities—$646.8M$658.2M
Shareholders' equity$1.28B$2.39B$3.22B
Cash flow
Operating cash flow−$126.7M−$30.0M$28.6M
Capital expenditure$966.0K$391.0K$9.93M
Free cash flow−$127.6M−$30.4M$18.7M
Dividends paid$534.6M$0$0

From Bullish's 20-F filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. Per-share figures are per ordinary share, which is not always the share traded in the US: an ADS can stand for several, or for part of one. Filings on SEC EDGAR →

About Bullish

Headquarters
George Town, Cayman Islands From SEC filings, Oct 2026

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