Bullish (BLSH) Enterprise Value (2025 - 2026)
Bullish (BLSH) posted Enterprise Value of -$17.5 million for Q4 2025, up 69.89% sequentially from -$58.2 million in Q3 2025, and down 1.58% YoY from -$17.8 million in Q4 2024.
Analysis
Bullish (BLSH) Enterprise Value (2025 - 2026) Analysis & Trends
Bullish has reported Enterprise Value for 2 years, with the latest figure at -$17.5 million in Q4 2025.
- Quarterly Enterprise Value fell 1.58% year-over-year to -$17.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$17.5 million (down 1.58% YoY) and the FY2025 annual result came in at -$17.5 million, down 1.58% from the prior year.
- Enterprise Value improved to -$17.5 million in Q4 2025 per BLSH's latest filing, from -$58.2 million in the prior quarter.
- Over five years, Enterprise Value peaked at -$17.3 million in Q4 2024 and troughed at -$131.5 million in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn |
| 10 | Bullish | 4.59 Bn | 4.49 Bn | 15.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.48 Bn |
| Mar 31, 2026 | 5.35 Bn |
| Dec 31, 2025 | 5.69 Bn |
| Sep 30, 2025 | 7.14 Bn |