Bullish (BLSH) Amortization (2024 - 2025)

Bullish's (BLSH) quarterly Amortization came in at $122.5 million in Q4 2025, down 78.29% year-on-year from $564.0 million in Q4 2024, and down 17.57% quarter-over-quarter from $148.6 million in Q3 2025.

Bullish (BLSH) Amortization (2024 - 2025) Analysis & Trends

Bullish has disclosed Amortization across 2 years of filings, most recently posting $122.5 million for Q4 2025.

  • Amortization for Q4 2025 came in at $122.5 million, down 78.29% year-over-year; the trailing twelve-month figure through Dec 2025 was $475.2 billion (changed N/A YoY), and the FY2025 annual result was $406.6 million, down 59.5% from the prior year.
  • Amortization came in at $122.5 million for Q4 2025 at Bullish, down from $148.6 million in the prior quarter.
  • In the past five years, Amortization ranged from a high of $474.3 billion in Q2 2025 to a low of -$176.9 billion in Q2 2024.
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Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Amortization (Qtr)
1 Microsoft 2,819.83 Bn 2,741.56 Bn 56.06 Bn -
2 Alarum Technologies 1,056.91 Bn 1,042.76 Bn 7.23 Mn -
3 Oracle 530.68 Bn 492.11 Bn 15.14 Bn -
4 Palantir Technologies 306.85 Bn 298.93 Bn 1.42 Bn -
5 Palo Alto Networks 199.03 Bn 194.49 Bn 1.91 Bn -
6 CrowdStrike Holdings 170.56 Bn 167.51 Bn 993.68 Mn -
7 Fortinet 106.91 Bn 103.62 Bn 1.49 Bn -
8 Synopsys 86.43 Bn 86.31 Bn 1.77 Bn -
9 Cloudflare 79.42 Bn 78.48 Bn 455.60 Mn -
10 Bullish 3.08 Bn 3.00 Bn 21.51 Mn 122.47 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 122.47 Mn
Dec 31, 2025 122.47 Mn
Sep 30, 2025 148.57 Mn
Sep 30, 2025 148.57 Mn
Jun 30, 2025 474.34 Bn
Jun 30, 2025 474.34 Bn
Dec 31, 2024 563.97 Mn
Dec 31, 2024 563.97 Mn
Sep 30, 2024 28.78 Mn
Sep 30, 2024 28.78 Mn
Jun 30, 2024 -176.89 Bn
Jun 30, 2024 -176.89 Bn