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

Bullish's (BLSH) quarterly Cash & Equivalents came in at $87.9 million in Q4 2025, up 178.67% year-on-year from $31.5 million in Q4 2024, and up 26.82% quarter-over-quarter from $69.3 million in Q3 2025.

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

Bullish has disclosed Cash & Equivalents across 3 years of filings, most recently posting $87.9 million for Q4 2025.

  • Cash & Equivalents for Q4 2025 came in at $87.9 million, up 178.67% year-over-year; the trailing twelve-month figure through Dec 2025 was $87.9 million (up 178.67% YoY), and the FY2025 annual result 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 $69.3 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 $29.4 million in Q3 2024.
  • The 3-year median for Cash & Equivalents is $51.2 million (2024), against an average of $59.7 million.
  • Across the five-year window, Cash & Equivalents tumbled 72.06% in 2024 and surged 178.67% in 2025, its largest moves.
  • Bullish's Cash & Equivalents stood at $112.9 million in 2023, then sank by 72.06% to $31.5 million in 2024, then jumped by 178.67% to $87.9 million in 2025.
  • The last three Cash & Equivalents figures came in at $87.9 million (Q4 2025), $69.3 million (Q3 2025), and $35.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Equiv. (Qtr)
1 Microsoft 2,819.83 Bn 2,741.56 Bn 56.06 Bn 32.11 Bn
2 Alarum Technologies 1,056.91 Bn 1,042.76 Bn 7.23 Mn 14.06 Bn
3 Oracle 530.68 Bn 492.11 Bn 15.14 Bn 38.46 Bn
4 Palantir Technologies 306.85 Bn 298.93 Bn 1.42 Bn 2.29 Bn
5 Palo Alto Networks 199.03 Bn 194.49 Bn 1.91 Bn 4.16 Bn
6 CrowdStrike Holdings 170.56 Bn 167.51 Bn 993.68 Mn 3.10 Bn
7 Fortinet 106.91 Bn 103.62 Bn 1.49 Bn 2.22 Bn
8 Synopsys 86.43 Bn 86.31 Bn 1.77 Bn 43.11 Mn
9 Cloudflare 79.42 Bn 78.48 Bn 455.60 Mn 932.23 Mn
10 Bullish 3.08 Bn 3.00 Bn 21.51 Mn 87.89 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 87.89 Mn
Sep 30, 2025 69.31 Mn
Jun 30, 2025 35.56 Mn
Dec 31, 2024 31.54 Mn
Sep 30, 2024 29.43 Mn
Jun 30, 2024 51.23 Mn
Dec 31, 2023 112.90 Mn