Bullish (BLSH) Intangibles (2024 - 2026)
Bullish (BLSH) posted Intangibles of $31.1 million for Q4 2025, down 1.76% sequentially from $31.7 million in Q3 2025, and down 6.59% YoY from $33.3 million in Q4 2024.
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Analysis
Bullish (BLSH) Intangibles (2024 - 2026) Analysis & Trends
Bullish has reported Intangibles for 2 years, with the latest figure at $31.1 million in Q4 2025.
- Quarterly Intangibles fell 6.59% year-over-year to $31.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $31.1 million (down 6.59% YoY) and the FY2025 annual result came in at $31.1 million, down 6.59% from the prior year.
- Intangibles eased to $31.1 million in Q4 2025 per BLSH's latest filing, from $31.7 million in the prior quarter.
- Over five years, Intangibles peaked at $33.3 million in Q4 2024 and troughed at $31.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 804.00 Mn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | - |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | 7.28 Bn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 273.24 Mn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 77.10 Mn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | 57.37 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 11.46 Bn |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 1.20 Bn |
| 10 | Bullish | 4.59 Bn | 4.49 Bn | 15.53 Mn | 29.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.98 Mn |
| Mar 31, 2026 | 30.54 Mn |
| Dec 31, 2025 | 31.10 Mn |
| Sep 30, 2025 | 31.66 Mn |
| Jun 30, 2025 | 32.23 Mn |
| Dec 31, 2024 | 33.30 Mn |