Bullish (BLSH) Gross Margin (2024 - 2025)
Bullish's (BLSH) quarterly Gross Margin came in at 0.03% in Q4 2025, little changed year-on-year from 0.03% in Q4 2024, and down 6.68% quarter-over-quarter from 0.04% in Q3 2025.
Bullish (BLSH) Gross Margin (2024 - 2025) Analysis & Trends
Bullish has disclosed Gross Margin across 2 years of filings, most recently posting 0.03% for Q4 2025.
- Gross Margin for Q4 2025 came in at 0.03%, changed 0.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.04% (changed N/A YoY), and the FY2025 annual result was 0.03%, down 1.0% from the prior year.
- Gross Margin came in at 0.03% for Q4 2025 at Bullish, down from 0.04% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 0.04% in Q2 2024 to a low of 0.03% in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn | 67.63% |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn | 61.73% |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn | 88.06% |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn | 86.78% |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn | 73.59% |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn | 76.12% |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn | 80.29% |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn | 73.54% |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn | 71.21% |
| 10 | Bullish | 3.08 Bn | 3.00 Bn | 21.51 Mn | 0.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.03% |
| Sep 30, 2025 | 0.04% |
| Jun 30, 2025 | 0.03% |
| Dec 31, 2024 | 0.04% |
| Sep 30, 2024 | 0.04% |
| Jun 30, 2024 | 0.04% |