Bullish (BLSH) Net Income (2024 - 2025)
Bullish's (BLSH) quarterly Net Income came in at -$566.6 million in Q4 2025, down 441.28% year-on-year from $166.0 million in Q4 2024, and down 3196.42% quarter-over-quarter from $18.3 million in Q3 2025.
Bullish (BLSH) Net Income (2024 - 2025) Analysis & Trends
Bullish has disclosed Net Income across 2 years of filings, most recently posting -$566.6 million for Q4 2025.
- Net Income for Q4 2025 came in at -$566.6 million, down 441.28% year-over-year; the trailing twelve-month figure through Dec 2025 was $109.6 billion (up 194.77% YoY), and the FY2025 annual result was -$785.5 million, down 1087.22% from the prior year.
- Net Income came in at -$566.6 million for Q4 2025 at Bullish, down from $18.3 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $110.0 billion in Q2 2025 to a low of -$115.8 billion in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn | 31.78 Bn |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn | 593,000.00 |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn | 3.72 Bn |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn | 876.40 Mn |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn | 432.00 Mn |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn | 61.44 Mn |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn | 534.60 Mn |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn | 64.72 Mn |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn | -22.90 Mn |
| 10 | Bullish | 3.08 Bn | 3.00 Bn | 21.51 Mn | -566.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -566.61 Mn |
| Sep 30, 2025 | 18.30 Mn |
| Jun 30, 2025 | 110.02 Bn |
| Dec 31, 2024 | 166.03 Mn |
| Sep 30, 2024 | -65.78 Mn |
| Jun 30, 2024 | -115.79 Bn |