Bullish (BLSH) Net Income (2024 - 2025)
Bullish (BLSH) reported Net Income of -$562.0 million for Q4 2025, down 463.36% on a YoY basis from $154.7 million in Q4 2024, and down 3146.14% sequentially from $18.5 million in Q3 2025.
Bullish (BLSH) Net Income (2024 - 2025) Analysis & Trends
Bullish (BLSH) has 2 years of Net Income data on file, last reported at -$562.0 million in Q4 2025.
- For the quarter ending Q4 2025, Net Income fell 463.36% year-over-year to -$562.0 million; the trailing twelve-month figure through Dec 2025 stood at -$280.6 million (changed N/A YoY), and the FY2025 full-year result was -$355.2 million, down 133.11% from the prior year.
- Net Income declined to -$562.0 million in Q4 2025, from $18.5 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $154.7 million in Q4 2024 to a low of -$562.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 31.78 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 132.24 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 5.92 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 876.40 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 432.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 61.44 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 534.60 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | -22.90 Mn |
| 10 | Bullish | 3.08 Bn | 2.99 Bn | - | -562.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -562.04 Mn |
| Sep 30, 2025 | 18.45 Mn |
| Jun 30, 2025 | 108.27 Mn |
| Dec 31, 2024 | 154.68 Mn |
| Sep 30, 2024 | 67.27 Mn |
| Jun 30, 2024 | -116.39 Mn |