Bullish (BLSH) Cash & Equivalents (2023 - 2025)

Bullish recorded quarterly Cash & Equivalents of $87.9 million in Q4 2025, up 147.17% quarter-over-quarter from $35.6 million in Q2 2025, and up 178.67% year-over-year from $31.5 million in Q4 2024.

Bullish's Cash & Equivalents history runs 3 years deep, the most recent figure standing at $87.9 million for Q4 2025.

  • In Q4 2025, Cash & Equivalents rose 178.67% year-over-year to $87.9 million; the TTM figure through Dec 2025 stood at $87.9 million (up 178.67% YoY), while the FY2025 annual figure was $87.9 million, up 178.67% from the prior year.
  • Cash & Equivalents came in at $87.9 million for Q4 2025 at Bullish, up from $35.6 million in the prior quarter.
  • In the past five years, Cash & Equivalents ranged from a high of $112.9 million in Q4 2023 to a low of $31.5 million in Q4 2024.
  • A 3-year average of $63.8 million and a median of $51.2 million in 2024 frame the typical range for Cash & Equivalents.
  • Across the five-year window, Cash & Equivalents slumped 72.06% in 2024 and soared 178.67% in 2025, its largest moves.
  • Bullish's Cash & Equivalents stood at $112.9 million in 2023, then plunged by 72.06% to $31.5 million in 2024, then surged by 178.67% to $87.9 million in 2025.
  • According to Business Quant data, Cash & Equivalents over the past three periods registered $87.9 million, $35.6 million, and $31.5 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Equiv. (Qtr)
1 Microsoft 3,425.08 Bn 3,346.81 Bn 56.06 Bn 32.11 Bn
2 Oracle 712.03 Bn 673.46 Bn 15.14 Bn 38.46 Bn
3 Palantir Technologies 384.58 Bn 376.66 Bn 1.42 Bn 2.29 Bn
4 Palo Alto Networks 208.80 Bn 204.26 Bn 1.91 Bn 4.16 Bn
5 CrowdStrike Holdings 195.63 Bn 192.58 Bn 993.68 Mn 3.10 Bn
6 Fortinet 108.69 Bn 105.40 Bn 1.49 Bn 2.22 Bn
7 Cloudflare 95.27 Bn 94.32 Bn 455.60 Mn 932.23 Mn
8 Synopsys 93.41 Bn 93.30 Bn 1.77 Bn 43.11 Mn
9 CoreWeave 65.84 Bn 63.57 Bn 2.01 Bn 2.24 Bn
10 Bullish 4.10 Bn 4.01 Bn -64,323,503.65 Bn 87.89 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 87.89 Mn
Jun 30, 2025 35.56 Mn
Dec 31, 2024 31.54 Mn
Jun 30, 2024 51.23 Mn
Dec 31, 2023 112.90 Mn