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| Date | Value |
|---|---|
| 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 |