Bullish (BLSH) Enterprise Value (2024 - 2025)
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.
Bullish (BLSH) Enterprise Value (2024 - 2025) 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | -132.75 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | -31.35 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | -9.30 Bn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | -3.11 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | -4.07 Bn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -4.16 Bn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | -2.20 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -5.54 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | -6.46 Bn |
| 10 | Bullish | 3.68 Bn | 3.66 Bn | 21.51 Mn | -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 |