Bullish (BLSH) Net Cash Flow (2024 - 2026)
Bullish (BLSH) recorded Net Cash Flow of $7.92 million in Q2 2026, up 63.5% from $4.85 million a year earlier but down 66.9% from the prior quarter.
Bullish (BLSH) Net Cash Flow (2024 - 2026) Analysis & Trends
On a TTM basis, Bullish's Net Cash Flow came in at $102.84 million as of Jun 30, 2026; for FY2025, it was $73.13 million.
- Across earlier years, Net Cash Flow came in at -$76.04 million in FY2024 and -$1.34 billion in FY2023.
- Quarterly Net Cash Flow has ranged from -$19.82 million in Q3 2024 to $44.33 million in Q3 2025 over the past five years.
- Per Business Quant, the preceding three quarters came in at $23.97 million (Q1 2026), $26.62 million (Q4 2025) and $44.33 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.49 Bn | 7.72 Bn | - | -499.00 Mn |
| 2 | Block | 46.34 Bn | 17.64 Bn | 3.17 Bn | -643.27 Mn |
| 3 | Coinbase Global | 44.39 Bn | 1.20 Bn | - | -2.77 Bn |
| 4 | Corpay | 26.40 Bn | 16.28 Bn | - | 1.42 Bn |
| 5 | Fiserv | 25.40 Bn | 22.08 Bn | 2.90 Bn | -235.00 Mn |
| 6 | Global Payments | 22.86 Bn | 652.84 Mn | 2.03 Bn | -434.74 Mn |
| 7 | Guidewire Software | 14.45 Bn | 11.02 Bn | 269.68 Mn | 80.89 Mn |
| 8 | Bitmine Immersion Technologies | 11.93 Bn | 9.31 Bn | 40.81 Mn | -539.25 Mn |
| 9 | Chime Financial | 11.25 Bn | 7.04 Bn | 594.87 Mn | -21.13 Mn |
| 10 | Bullish | 3.49 Bn | -1.33 Bn | 15.53 Mn | 7.92 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.92 Mn |
| Mar 31, 2026 | 23.97 Mn |
| Dec 31, 2025 | 26.62 Mn |
| Sep 30, 2025 | 44.33 Mn |
| Jun 30, 2025 | 4.85 Mn |
| Mar 31, 2025 | -2.66 Mn |
| Dec 31, 2024 | -448,000.00 |
| Sep 30, 2024 | -19.82 Mn |
| Jun 30, 2024 | 18.37 Mn |
Bullish Net Cash Flow 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=net-cash-flow&ticker=BLSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();