Bullish (BLSH) Gross Profit (2024 - 2026)
Bullish's (BLSH) quarterly Gross Profit came in at $15.5 million in Q2 2026, up 1.0% year-over-year from $15.4 million in Q2 2025, and down 22.39% quarter-over-quarter from $20.0 million in Q1 2026.
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Analysis
Bullish (BLSH) Gross Profit (2024 - 2026) Analysis & Trends
Bullish has disclosed Gross Profit across 3 years of filings, most recently posting $15.5 million for Q2 2026.
- In Q2 2026, Gross Profit rose 1.0% year-over-year to $15.5 million; the TTM figure through Jun 2026 stood at $71.9 million (down 17.94% YoY), while the FY2025 annual figure was $78.3 million, down 18.87% from the prior year.
- Gross Profit came in at $15.5 million for Q2 2026 at Bullish, down from $20.0 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $21.7 billion in Q2 2024 to a low of $14.9 million in Q3 2025.
- Average Gross Profit over 3 years is $2.4 billion, with a median of $21.0 million recorded in 2024.
- Year-over-year, Gross Profit sank 99.93% in 2025 and advanced 1.0% in 2026.
- Over 3 years, Gross Profit stood at $24.8 million in 2024, then retreated by 13.25% to $21.5 million in 2025, then slipped by 27.82% to $15.5 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $15.5 million in Q2 2026, $20.0 million in Q1 2026, and $21.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.68 Bn | 57.34 Bn | 40.81 Mn |
| 2 | Coinbase Global | 52.26 Bn | 43.47 Bn | 1.16 Bn |
| 3 | PayPal Holdings | 45.26 Bn | 34.01 Bn | - |
| 4 | Block | 44.88 Bn | 38.42 Bn | 3.17 Bn |
| 5 | Iren | 35.80 Bn | 28.23 Bn | 103.89 Mn |
| 6 | Corpay | 25.96 Bn | 19.27 Bn | 1.19 Bn |
| 7 | Fiserv | 24.43 Bn | 23.83 Bn | 3.59 Bn |
| 8 | Global Payments | 22.33 Bn | 17.57 Bn | 2.03 Bn |
| 9 | Hut 8 | 12.62 Bn | 6.14 Bn | 48.04 Mn |
| 10 | Bullish | 6.05 Bn | 5.99 Bn | 15.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.53 Mn |
| Mar 31, 2026 | 20.01 Mn |
| Dec 31, 2025 | 21.51 Mn |
| Sep 30, 2025 | 14.90 Mn |
| Jun 30, 2025 | 15.37 Mn |
| Mar 31, 2025 | 26.52 Mn |
| Dec 31, 2024 | 24.79 Mn |
| Sep 30, 2024 | 20.99 Mn |
| Jun 30, 2024 | 21.73 Bn |
API Access
Bullish Gross Profit 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-profit&ticker=BLSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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-profit&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();