Bullish (BLSH) Common Equity (2023 - 2025)

Bullish recorded quarterly Common Equity of $3.2 billion in Q4 2025, down 19.15% quarter-over-quarter from $4.0 billion in Q3 2025, and up 33.97% year-over-year from $2.4 billion in Q4 2024.

Bullish's Common Equity history runs 3 years deep, the most recent figure standing at $3.2 billion for Q4 2025.

  • In Q4 2025, Common Equity rose 33.97% year-over-year to $3.2 billion; the TTM figure through Dec 2025 stood at $3.2 billion (up 33.97% YoY), while the FY2025 annual figure was $3.2 billion, up 33.97% from the prior year.
  • Common Equity came in at $3.2 billion for Q4 2025 at Bullish, down from $4.0 billion in the prior quarter.
  • In the past five years, Common Equity ranged from a high of $4.0 billion in Q3 2025 to a low of $1.3 billion in Q4 2023.
  • A 3-year average of $2.7 billion and a median of $2.6 billion in 2025 frame the typical range for Common Equity.
  • Across the five-year window, Common Equity surged 87.22% in 2024 and jumped 33.97% in 2025, its largest moves.
  • Bullish's Common Equity stood at $1.3 billion in 2023, then soared by 87.22% to $2.4 billion in 2024, then surged by 33.97% to $3.2 billion in 2025.
  • According to Business Quant data, Common Equity over the past three periods registered $3.2 billion, $4.0 billion, and $2.6 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Microsoft 3,425.08 Bn 3,346.81 Bn 56.06 Bn 414.37 Bn
2 Oracle 712.03 Bn 673.46 Bn 15.14 Bn 39.05 Bn
3 Palantir Technologies 384.58 Bn 376.66 Bn 1.42 Bn 8.45 Bn
4 Palo Alto Networks 208.80 Bn 204.26 Bn 1.91 Bn 9.39 Bn
5 CrowdStrike Holdings 195.63 Bn 192.58 Bn 993.68 Mn 4.43 Bn
6 Fortinet 108.69 Bn 105.40 Bn 1.49 Bn 989.70 Mn
7 Cloudflare 95.27 Bn 94.32 Bn 455.60 Mn 1.53 Bn
8 Synopsys 93.41 Bn 93.30 Bn 1.77 Bn 30.55 Bn
9 CoreWeave 65.84 Bn 63.57 Bn 2.01 Bn 4.76 Bn
10 Bullish 4.10 Bn 4.01 Bn -64,323,503.65 Bn 3.22 Bn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 3.22 Bn
Sep 30, 2025 3.98 Bn
Jun 30, 2025 2.55 Bn
Dec 31, 2024 2.40 Bn
Dec 31, 2023 1.28 Bn