Bullish (BLSH) Change in Intangibles (2024 - 2026)
Bullish (BLSH) posted Change in Intangibles of $39.6 billion for Q4 2025, up 943.58% sequentially from $3.8 billion in Q3 2025, and up 1241.84% YoY from $2.9 billion in Q4 2024.
Analysis
Bullish (BLSH) Change in Intangibles (2024 - 2026) Analysis & Trends
Bullish has reported Change in Intangibles for 2 years, with the latest figure at $39.6 billion in Q4 2025.
- Quarterly Change in Intangibles rose 1241.84% year-over-year to $39.6 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $70.0 billion (changed N/A YoY) and the FY2025 annual result came in at $1.5 billion, down 18.17% from the prior year.
- Change in Intangibles grew to $39.6 billion in Q4 2025 per BLSH's latest filing, from $3.8 billion in the prior quarter.
- Over five years, Change in Intangibles peaked at $39.6 billion in Q4 2025 and troughed at -$2.9 billion in Q3 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | - |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | - |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | - |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | - |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | - |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | - |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | - |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | - |
| 10 | Bullish | 4.59 Bn | 4.49 Bn | 15.53 Mn | 895,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 895,000.00 |
| Mar 31, 2026 | -7.37 Mn |
| Dec 31, 2025 | -3.92 Mn |
| Sep 30, 2025 | -2.11 Mn |
| Jun 30, 2025 | 1.65 Bn |
| Mar 31, 2025 | 30.45 Mn |
| Dec 31, 2024 | -2.00 Mn |
| Jun 30, 2024 | -10.00 Mn |