Bullish (BLSH) EBITDA (2024 - 2026)
Bullish's EBITDA came in at $73.83 million for Q2 2026, up 21.9% from $60.58 million a year earlier.
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Analysis
Bullish (BLSH) EBITDA (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Bullish reported EBITDA of $132.52 million, down 13.3% year-over-year; for FY2025, it was $261.6 million, up 3.8% from FY2024.
- Going back by year, EBITDA was $251.98 million in FY2024 (+42.2%) and $177.15 million in FY2023.
- The Q2 2026 figure represents the highest quarterly EBITDA since Q2 2024.
- Year-over-year, EBITDA increased in two of the last four quarters, with an average decline of 17.8%.
- Business Quant data shows BLSH's EBITDA at -$72.48 million (Q1 2026), $68.74 million (Q4 2025) and $62.43 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 227.78 Mn |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 1.65 Bn |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | 102.71 Mn |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | -4.64 Bn |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | 739.60 Mn |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | 1.16 Bn |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 78.84 Mn |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 191.31 Mn |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 41.68 Mn |
| 10 | Bullish | 2.73 Bn | -1.23 Bn | 15.53 Mn | -38.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -38.70 Mn |
| Mar 31, 2026 | -120.76 Mn |
| Dec 31, 2025 | -23.82 Mn |
| Sep 30, 2025 | -28.99 Mn |
| Jun 30, 2025 | -25.46 Mn |
| Mar 31, 2025 | -81.51 Mn |
| Dec 31, 2024 | -10.14 Mn |
| Sep 30, 2024 | -16.59 Mn |
| Jun 30, 2024 | -17.93 Bn |
API Access
Bullish EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=BLSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "BLSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();