Bullish (BLSH) Exchange Rate Effect (2025 - 2026)
Bullish's Exchange Rate Effect came in at -$197,000 for Q2 2026, compared with $124,000 a year earlier.
Bullish (BLSH) Exchange Rate Effect (2025 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Bullish reported Exchange Rate Effect of $1.57 million; for FY2025, it came in at $1.59 million, up 429.3% from FY2024.
- Going back by year, Exchange Rate Effect was $300,000 in FY2024.
- The Q2 2026 figure represents the lowest quarterly Exchange Rate Effect since Q1 2025.
- Business Quant data shows BLSH's Exchange Rate Effect at $67,000 (Q1 2026), $1.38 million (Q4 2025) and $315,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 4.92 Mn |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 9.00 Mn |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | -15.69 Mn |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | - |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | -7.40 Mn |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | -37.99 Mn |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | -2.64 Mn |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | - |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | - |
| 10 | Bullish | 2.73 Bn | -1.23 Bn | 15.53 Mn | -197,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -197,000.00 |
| Mar 31, 2026 | 67,000.00 |
| Dec 31, 2025 | 1.38 Mn |
| Sep 30, 2025 | 315,000.00 |
| Jun 30, 2025 | 124,000.00 |
| Mar 31, 2025 | -231,000.00 |
Bullish Exchange Rate Effect 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=exchange-rate-effect&ticker=BLSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "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=exchange-rate-effect&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();