Bullish (BLSH) Gross Margin (2024 - 2026)
Bullish's Gross Margin was 0.05% in Q2 2026, up 0.02 percentage points from 0.03% a year earlier and up 0.01 percentage points from the prior quarter.
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Analysis
Bullish (BLSH) Gross Margin (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Bullish's Gross Margin was 0.04% through Jun 30, 2026, unchanged year-over-year; for FY2025, it was 0.03%, down 0.01 percentage points from FY2024.
- In earlier years, Gross Margin was 0.04% in FY2024 (-0.02 pp) and 0.06% in FY2023.
- The Q2 2026 figure marks the highest quarterly Gross Margin in data going back to Q2 2024.
- Compared with a year earlier, Gross Margin was higher in two of the last five quarters, with an average year-over-year change of 0.00 percentage points.
- Per Business Quant data, BLSH's Gross Margin in the three quarters before Q2 2026 was 0.04% (Q1 2026), 0.03% (Q4 2025) and 0.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.49 Bn | 7.72 Bn | - | - |
| 2 | Block | 46.34 Bn | 17.64 Bn | 3.17 Bn | 47.84% |
| 3 | Coinbase Global | 44.39 Bn | 1.20 Bn | - | - |
| 4 | Corpay | 26.40 Bn | 16.28 Bn | - | - |
| 5 | Fiserv | 25.40 Bn | 22.08 Bn | 2.90 Bn | 54.74% |
| 6 | Global Payments | 22.86 Bn | 652.84 Mn | 2.03 Bn | 61.04% |
| 7 | Guidewire Software | 14.45 Bn | 11.02 Bn | 269.68 Mn | 65.60% |
| 8 | Bitmine Immersion Technologies | 11.93 Bn | 9.31 Bn | 40.81 Mn | 87.70% |
| 9 | Chime Financial | 11.25 Bn | 7.04 Bn | 594.87 Mn | 88.82% |
| 10 | Bullish | 3.49 Bn | -1.33 Bn | 15.53 Mn | 0.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.05% |
| Mar 31, 2026 | 0.04% |
| Dec 31, 2025 | 0.03% |
| Sep 30, 2025 | 0.04% |
| Jun 30, 2025 | 0.03% |
| Mar 31, 2025 | 0.03% |
| Dec 31, 2024 | 0.04% |
| Sep 30, 2024 | 0.04% |
| Jun 30, 2024 | 0.04% |
API Access
Bullish Gross 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=gross-margin&ticker=BLSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();