Bullish (BLSH) Intangibles (2023 - 2025)

Bullish's Intangibles history runs 3 years deep, the most recent figure standing at $31.1 million for Q4 2025.

• In Q4 2025, Intangibles fell 6.59% year-over-year to $31.1 million; the TTM figure through Dec 2025 stood at $31.1 million (down 6.59% YoY), while the FY2025 annual figure was $31.1 million, down 6.59% from the prior year.
• Intangibles came in at $31.1 million for Q4 2025 at Bullish, down from $33.3 million in the prior quarter.
• In the past five years, Intangibles ranged from a high of $40.2 million in Q4 2023 to a low of $31.1 million in Q4 2025.
• A 3-year average of $34.9 million and a median of $33.3 million in 2024 frame the typical range for Intangibles.
• Across the five-year window, Intangibles declined 17.24% in 2024 and dropped 6.59% in 2025, its largest moves.
• Bullish's Intangibles stood at $40.2 million in 2023, then slipped by 17.24% to $33.3 million in 2024, then fell by 6.59% to $31.1 million in 2025.
• According to Business Quant data, Intangibles over the past three periods registered $31.1 million, $33.3 million, and $40.2 million for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison