Bullish (BLSH) Change in Receivables (2024 - 2025)
Bullish's (BLSH) quarterly Change in Receivables came in at -$41.5 million in Q4 2025, down 789.13% year-on-year from $6.0 million in Q4 2024, and down 128.38% quarter-over-quarter from -$18.2 million in Q3 2025.
Bullish (BLSH) Change in Receivables (2024 - 2025) Analysis & Trends
Bullish has disclosed Change in Receivables across 2 years of filings, most recently posting -$41.5 million for Q4 2025.
- Change in Receivables for Q4 2025 came in at -$41.5 million, down 789.13% year-over-year; the trailing twelve-month figure through Dec 2025 was -$65.0 million (changed N/A YoY), and the FY2025 annual result was -$56.6 million, down 502.36% from the prior year.
- Change in Receivables came in at -$41.5 million for Q4 2025 at Bullish, down from -$18.2 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of -$710000.0 in Q3 2024 to a low of -$41.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn | 4.71 Bn |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn | 2.01 Bn |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn | 1.30 Bn |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn | 360.97 Mn |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn | 758.00 Mn |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn | 348.72 Mn |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn | -205.20 Mn |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn | 128.65 Mn |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn | -1.40 Mn |
| 10 | Bullish | 3.08 Bn | 3.00 Bn | 21.51 Mn | -41.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -41.49 Mn |
| Dec 31, 2025 | -41.49 Mn |
| Sep 30, 2025 | -18.17 Mn |
| Sep 30, 2025 | -18.17 Mn |
| Dec 31, 2024 | -4.67 Mn |
| Dec 31, 2024 | -4.67 Mn |
| Sep 30, 2024 | -710,000.00 |
| Sep 30, 2024 | -710,000.00 |