Bullish (BLSH) Invested Capital (2024 - 2025)
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.
Bullish (BLSH) Invested Capital (2024 - 2025) 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 9.23 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 160.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | - |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 1.29 Bn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 22.12 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 221.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 572.39 Mn |
| 10 | Bullish | 3.68 Bn | 3.66 Bn | 21.51 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 8.01 Mn |
| Jun 30, 2025 | 8.70 Mn |
| Dec 31, 2024 | 482.45 Mn |
| Sep 30, 2024 | 1.60 Mn |
| Jun 30, 2024 | -1.50 Mn |