Bullish (BLSH) Payables (2024 - 2026)
Bullish's (BLSH) quarterly Payables came in at $66.7 million in Q1 2026, up 6.17% quarter-over-quarter from $62.8 million in Q4 2025.
Powered by 
Analysis
Bullish (BLSH) Payables (2024 - 2026) Analysis & Trends
Bullish has disclosed Payables across 3 years of filings, most recently posting $66.7 million for Q1 2026.
- In Q1 2026, Payables changed N/A year-over-year to $66.7 million; the TTM figure through Mar 2026 stood at $66.7 million (changed N/A YoY), while the FY2025 annual figure was $62.8 million, down 15.63% from the prior year.
- Payables came in at $66.7 million for Q1 2026 at Bullish, up from $62.8 million in the prior quarter.
- In the past five years, Payables ranged from a high of $74.4 million in Q4 2024 to a low of $57.0 million in Q3 2025.
- Average Payables over 3 years is $65.2 million, with a median of $64.7 million recorded in 2025.
- The largest YoY upside for Payables was 15.63% in 2025 against a maximum downside of 15.63% in 2025.
- Over 3 years, Payables stood at $74.4 million in 2024, then fell by 15.63% to $62.8 million in 2025, then grew by 6.17% to $66.7 million in 2026.
- Per Business Quant data, the three most recent Payables figures were $66.7 million in Q1 2026, $62.8 million in Q4 2025, and $57.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.68 Bn | 57.34 Bn | 40.81 Mn | 10.23 Mn |
| 2 | Coinbase Global | 52.26 Bn | 43.47 Bn | 1.16 Bn | 539.20 Mn |
| 3 | PayPal Holdings | 45.26 Bn | 34.01 Bn | - | 208.00 Mn |
| 4 | Block | 44.88 Bn | 38.42 Bn | 3.17 Bn | - |
| 5 | Iren | 35.80 Bn | 28.23 Bn | 103.89 Mn | 1.83 Bn |
| 6 | Corpay | 25.96 Bn | 19.27 Bn | 1.19 Bn | 10.60 Bn |
| 7 | Fiserv | 24.43 Bn | 23.83 Bn | 3.59 Bn | - |
| 8 | Global Payments | 22.33 Bn | 17.57 Bn | 2.03 Bn | 3.71 Bn |
| 9 | Hut 8 | 12.62 Bn | 6.14 Bn | 48.04 Mn | 304.42 Mn |
| 10 | Bullish | 6.05 Bn | 5.99 Bn | 15.53 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 66.67 Mn |
| Dec 31, 2025 | 62.79 Mn |
| Sep 30, 2025 | 56.98 Mn |
| Dec 31, 2024 | 74.42 Mn |
API Access
Bullish Payables 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=payables&ticker=BLSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();