Bullish (BLSH) Debt Ratio (2024 - 2025)

Bullish (BLSH) posted Debt Ratio of 0.03 for Q4 2025, up 101.36% sequentially from 0.01 in Q3 2025, and up 53.99% YoY from 0.02 in Q4 2024.

Bullish (BLSH) Debt Ratio (2024 - 2025) Analysis & Trends

Bullish has reported Debt Ratio for 2 years, with the latest figure at 0.03 in Q4 2025.

  • Quarterly Debt Ratio rose 53.99% year-over-year to 0.03 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.03 (up 53.99% YoY) and the FY2025 annual result came in at 0.03, up 53.99% from the prior year.
  • Debt Ratio advanced to 0.03 in Q4 2025 per BLSH's latest filing, from 0.01 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.03 in Q2 2025 and troughed at 0.01 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn 0.05
2 Oracle 433.50 Bn 402.15 Bn - 0.47
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 0.00
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn 0.05
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn 0.20
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn 0.21
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn 0.05
9 Block 49.79 Bn 43.33 Bn 3.17 Bn 0.16
10 Bullish 3.68 Bn 3.66 Bn 21.51 Mn 0.03

Historic Data

Download Data
DateValue
Dec 31, 2025 0.03
Sep 30, 2025 0.01
Jun 30, 2025 0.03
Dec 31, 2024 0.02