Bullish (BLSH) Accumulated Expenses (2024 - 2025)
Bullish recorded quarterly Accumulated Expenses of $8.8 million in Q4 2025, down 39.26% quarter-over-quarter from $14.4 million in Q3 2025, and down 45.47% year-over-year from $16.1 million in Q4 2024.
Bullish's Accumulated Expenses history runs 2 years deep, the most recent figure standing at $8.8 million for Q4 2025.
- In Q4 2025, Accumulated Expenses fell 45.47% year-over-year to $8.8 million; the TTM figure through Dec 2025 stood at $8.8 million (down 45.47% YoY), while the FY2025 annual figure was $8.8 million, down 45.47% from the prior year.
- Accumulated Expenses came in at $8.8 million for Q4 2025 at Bullish, down from $14.4 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $16.1 million in Q4 2024 to a low of $8.8 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn |
| 10 | Bullish | 4.10 Bn | 4.01 Bn | -64,323,503.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.76 Mn |
| Sep 30, 2025 | 14.43 Mn |
| Dec 31, 2024 | 16.07 Mn |