Bullish (BLSH) Enterprise Value (2024 - 2025)
Bullish (BLSH) reported Enterprise Value of -$17.5 million for Q4 2025, down 1.58% on a YoY basis from -$17.8 million in Q4 2024, and up 69.89% sequentially from -$58.2 million in Q3 2025.
Bullish (BLSH) Enterprise Value (2024 - 2025) Analysis & Trends
Bullish (BLSH) has 2 years of Enterprise Value data on file, last reported at -$17.5 million in Q4 2025.
- For the quarter ending Q4 2025, Enterprise Value fell 1.58% year-over-year to -$17.5 million; the trailing twelve-month figure through Dec 2025 stood at -$17.5 million (down 1.58% YoY), and the FY2025 full-year result was -$17.5 million, down 1.58% from the prior year.
- Enterprise Value improved to -$17.5 million in Q4 2025, from -$58.2 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$17.3 million in Q4 2024 to a low of -$131.5 million in Q2 2024.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | -124.44 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | -331.99 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | -31.35 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | -147.67 Mn |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | -7.92 Bn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | -4.54 Bn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | -3.06 Bn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | -3.29 Bn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | -943.18 Mn |
| 10 | Bullish | 3.08 Bn | 2.99 Bn | - | -17.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -17.53 Mn |
| Sep 30, 2025 | -58.20 Mn |
| Jun 30, 2025 | -60.91 Mn |
| Dec 31, 2024 | -17.25 Mn |
| Sep 30, 2024 | -131.53 Mn |
| Jun 30, 2024 | -131.53 Mn |