Bullish (BLSH) Debt Ratio (2024 - 2025)

Bullish (BLSH) reported Debt Ratio of 0.03 for Q4 2025, up 53.99% on a YoY basis from 0.02 in Q4 2024, and up 129.82% sequentially from 0.01 in Q3 2025.

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

Bullish (BLSH) has 2 years of Debt Ratio data on file, last reported at 0.03 in Q4 2025.

  • For the quarter ending Q4 2025, Debt Ratio rose 53.99% year-over-year to 0.03; the trailing twelve-month figure through Dec 2025 stood at 0.03 (up 53.99% YoY), and the FY2025 full-year result was 0.03, up 53.99% from the prior year.
  • Debt Ratio advanced to 0.03 in Q4 2025, from 0.01 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.03 in Q4 2025 to a low of 0.01 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 0.06
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn 0.03
3 Oracle 329.59 Bn 297.69 Bn - 0.47
4 Repay Holdings 314.63 Bn 314.48 Bn - 0.36
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn -
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn -
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn 0.07
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 0.05
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn 0.21
10 Bullish 3.08 Bn 2.99 Bn - 0.03

Historic Data

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