Bullish (BLSH) EBT (2024 - 2026)
Bullish (BLSH) posted EBT of $565.1 million for Q4 2025, up 2975.32% sequentially from $18.4 million in Q3 2025, and up 248.3% YoY from $162.2 million in Q4 2024.
Powered by 
Analysis
Bullish (BLSH) EBT (2024 - 2026) Analysis & Trends
Bullish has reported EBT for 2 years, with the latest figure at $565.1 million in Q4 2025.
- Quarterly EBT rose 248.3% year-over-year to $565.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $109.9 billion (changed N/A YoY) and the FY2025 annual result came in at -$357.1 million, down 132.97% from the prior year.
- EBT improved to $565.1 million in Q4 2025 per BLSH's latest filing, from $18.4 million in the prior quarter.
- Over five years, EBT peaked at $116.1 billion in Q2 2024 and troughed at $18.4 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 44.05 Bn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 5.37 Bn |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 1.08 Bn |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | -156.00 Mn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 3.93 Mn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 720.20 Mn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | -167.94 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 683.92 Mn |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 301.50 Mn |
| 10 | Bullish | 4.59 Bn | 4.49 Bn | 15.53 Mn | 279.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 279.97 Mn |
| Mar 31, 2026 | -604.64 Mn |
| Dec 31, 2025 | -565.09 Mn |
| Sep 30, 2025 | 18.38 Mn |
| Jun 30, 2025 | 109.14 Mn |
| Mar 31, 2025 | -348.84 Mn |
| Dec 31, 2024 | 162.24 Mn |
| Sep 30, 2024 | -66.53 Mn |
| Jun 30, 2024 | -116.09 Bn |