Bullish (BLSH) Invested Capital (2024 - 2026)
Bullish (BLSH) posted Invested Capital of $8.0 million for Q3 2025, down 7.91% sequentially from $8.7 million in Q2 2025, and up 400.75% YoY from $1.6 million in Q3 2024.
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Analysis
Bullish (BLSH) Invested Capital (2024 - 2026) Analysis & Trends
Bullish has reported Invested Capital for 2 years, with the latest figure at $8.0 million in Q3 2025.
- Quarterly Invested Capital rose 400.75% year-over-year to $8.0 million in Q3 2025, while the trailing twelve-month figure through Dec 2025 was $499.2 million (changed N/A YoY) and the FY2024 annual result came in at $482.4 million, changed N/A from the prior year.
- Invested Capital eased to $8.0 million in Q3 2025 per BLSH's latest filing, from $8.7 million in the prior quarter.
- Over five years, Invested Capital peaked at $482.4 million in Q4 2024 and troughed at -$1.5 million in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 483.06 Bn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 172.60 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 | 27.83 Bn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 5.89 Bn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 2.05 Bn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | 2.91 Bn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 42.21 Bn |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 28.34 Bn |
| 10 | Bullish | 4.59 Bn | 4.49 Bn | 15.53 Mn | 2.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.42 Bn |
| Mar 31, 2026 | 2.66 Bn |
| Dec 31, 2025 | 3.28 Bn |
| Sep 30, 2025 | 3.98 Bn |
| Jun 30, 2025 | 2.62 Bn |
| Dec 31, 2024 | 2.44 Bn |