Bullish (BLSH) FCF Margin (2024 - 2026)
Bullish's FCF Margin came in at 0.05% for Q2 2026, up 0.02 percentage points from 0.03% a year earlier but down 0.12 percentage points from the prior quarter.
Bullish (BLSH) FCF Margin (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Bullish reported FCF Margin of 0.07%, up 0.05 percentage points year-over-year; for FY2025, it was 0.02%, up 0.03 percentage points from FY2024.
- Going back by year, FCF Margin was -0.01% in FY2024 (+0.10 pp) and -0.11% in FY2023.
- The five-year range for quarterly FCF Margin is -0.11% (Q3 2025) to 0.18% (Q1 2026).
- Year-over-year, FCF Margin has increased for three consecutive quarters, with an average year-over-year change of +0.04 percentage points over the last five quarters.
- Business Quant data shows BLSH's FCF Margin at 0.18% (Q1 2026), 0.11% (Q4 2025) and -0.11% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.49 Bn | 7.72 Bn | - | 20.44% |
| 2 | Block | 46.34 Bn | 17.64 Bn | 3.17 Bn | 14.61% |
| 3 | Coinbase Global | 44.39 Bn | 1.20 Bn | - | 16.17% |
| 4 | Corpay | 26.40 Bn | 16.28 Bn | - | 105.74% |
| 5 | Fiserv | 25.40 Bn | 22.08 Bn | 2.90 Bn | 18.61% |
| 6 | Global Payments | 22.86 Bn | 652.84 Mn | 2.03 Bn | 12.86% |
| 7 | Guidewire Software | 14.45 Bn | 11.02 Bn | 269.68 Mn | 68.54% |
| 8 | Bitmine Immersion Technologies | 11.93 Bn | 9.31 Bn | 40.81 Mn | 62.27% |
| 9 | Chime Financial | 11.25 Bn | 7.04 Bn | 594.87 Mn | 29.49% |
| 10 | Bullish | 3.49 Bn | -1.33 Bn | 15.53 Mn | 0.05% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.05% |
| Mar 31, 2026 | 0.18% |
| Dec 31, 2025 | 0.08% |
| Sep 30, 2025 | -0.11% |
| Jun 30, 2025 | 0.03% |
| Mar 31, 2025 | 0.00% |
| Dec 31, 2024 | 0.06% |
| Sep 30, 2024 | -0.02% |
| Jun 30, 2024 | 0.00% |
Bullish FCF Margin 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=fcf-margin&ticker=BLSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();