Bullish (BLSH) Intangibles (2024 - 2026)
Bullish's (BLSH) quarterly Intangibles came in at $30.0 million in Q2 2026, down 6.99% year-over-year from $32.2 million in Q2 2025, and down 1.82% quarter-over-quarter from $30.5 million in Q1 2026.
Bullish (BLSH) Intangibles (2024 - 2026) Analysis & Trends
Bullish has disclosed Intangibles across 3 years of filings, most recently posting $30.0 million for Q2 2026.
- In Q2 2026, Intangibles fell 6.99% year-over-year to $30.0 million; the TTM figure through Jun 2026 stood at $30.0 million (down 6.99% YoY), while the FY2025 annual figure was $31.1 million, down 6.59% from the prior year.
- Intangibles came in at $30.0 million for Q2 2026 at Bullish, down from $30.5 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $33.3 million in Q4 2024 to a low of $30.0 million in Q2 2026.
- Average Intangibles over 3 years is $31.5 million, with a median of $31.4 million recorded in 2025.
- Year-over-year, Intangibles dropped 6.59% in 2025 and slipped 6.99% in 2026.
- Over 3 years, Intangibles stood at $33.3 million in 2024, then declined by 6.59% to $31.1 million in 2025, then retreated by 3.62% to $30.0 million in 2026.
- Per Business Quant data, the three most recent Intangibles figures were $30.0 million in Q2 2026, $30.5 million in Q1 2026, and $31.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.68 Bn | 57.34 Bn | 40.81 Mn | 10.87 Bn |
| 2 | Coinbase Global | 52.26 Bn | 43.47 Bn | 1.16 Bn | 1.47 Bn |
| 3 | PayPal Holdings | 45.26 Bn | 34.01 Bn | - | 178.00 Mn |
| 4 | Block | 44.88 Bn | 38.42 Bn | 3.17 Bn | 1.20 Bn |
| 5 | Iren | 35.80 Bn | 28.23 Bn | 103.89 Mn | 317.43 Mn |
| 6 | Corpay | 25.96 Bn | 19.27 Bn | 1.19 Bn | 2.92 Bn |
| 7 | Fiserv | 24.43 Bn | 23.83 Bn | 3.59 Bn | - |
| 8 | Global Payments | 22.33 Bn | 17.57 Bn | 2.03 Bn | 19.41 Bn |
| 9 | Hut 8 | 12.62 Bn | 6.14 Bn | 48.04 Mn | 9.20 Mn |
| 10 | Bullish | 6.05 Bn | 5.99 Bn | 15.53 Mn | 29.98 Mn |
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 |
Bullish Intangibles 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=intangibles&ticker=BLSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();