Bullish (BLSH) Change in Inventory (2024 - 2025)

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.

Bullish (BLSH) Change in Inventory (2024 - 2025) 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn 178.00 Mn
2 Oracle 433.50 Bn 402.15 Bn - -
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn -
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn -
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn 61.60 Mn
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn -
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn 29.38 Mn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn -
9 Block 49.79 Bn 43.33 Bn 3.17 Bn -
10 Bullish 3.68 Bn 3.66 Bn 21.51 Mn 62.99 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 62.99 Mn
Dec 31, 2025 62.99 Mn
Sep 30, 2025 254.20 Mn
Sep 30, 2025 254.20 Mn
Jun 30, 2025 231.87 Mn
Jun 30, 2025 231.87 Mn
Dec 31, 2024 -76.09 Mn
Dec 31, 2024 -76.09 Mn
Sep 30, 2024 26.79 Mn
Sep 30, 2024 26.79 Mn
Jun 30, 2024 -31.83 Mn
Jun 30, 2024 -31.83 Mn