Bullish (BLSH) Change in Inventory (2024 - 2026)
Bullish (BLSH) posted Change in Inventory of $63.0 million for Q4 2025, down 75.22% sequentially from $254.2 million in Q3 2025, and up 182.79% YoY from $22.3 million in Q4 2024.
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Analysis
Bullish (BLSH) Change in Inventory (2024 - 2026) Analysis & Trends
Bullish has reported Change in Inventory for 2 years, with the latest figure at $63.0 million in Q4 2025.
- Quarterly Change in Inventory rose 182.79% year-over-year to $63.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$18.1 million (changed N/A YoY) and the FY2025 annual result came in at $324.8 million, down 43.41% from the prior year.
- Change in Inventory eased to $63.0 million in Q4 2025 per BLSH's latest filing, from $254.2 million in the prior quarter.
- Over five years, Change in Inventory peaked at $254.2 million in Q3 2025 and troughed at -$76.1 million in Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 178.00 Mn |
| 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 | 61.60 Mn |
| 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 | -12.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.68 Mn |
| Mar 31, 2026 | 6.01 Mn |
| Dec 31, 2025 | 62.99 Mn |
| Sep 30, 2025 | -11.61 Mn |
| Jun 30, 2025 | -9.46 Mn |
| Mar 31, 2025 | 282.84 Mn |
| Dec 31, 2024 | -76.09 Mn |
| Sep 30, 2024 | 26.79 Mn |
| Jun 30, 2024 | -31.83 Mn |