Bullish (BLSH) Payables (2024 - 2025)
Bullish (BLSH) reported Payables of $50.0 million for Q4 2025, up 99.93% on a YoY basis from $25.0 million in Q4 2024, and up 470.31% sequentially from $8.8 million in Q3 2025.
Bullish (BLSH) Payables (2024 - 2025) Analysis & Trends
Bullish (BLSH) has 2 years of Payables data on file, last reported at $50.0 million in Q4 2025.
- For the quarter ending Q4 2025, Payables rose 99.93% year-over-year to $50.0 million; the trailing twelve-month figure through Dec 2025 stood at $50.0 million (up 99.93% YoY), and the FY2025 full-year result was $50.0 million, up 99.93% from the prior year.
- Payables advanced to $50.0 million in Q4 2025, from $8.8 million in the prior quarter.
- In the past five years, Payables ranged from a high of $50.0 million in Q4 2025 to a low of $8.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 38.14 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 259.16 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 18.18 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | 25.18 Mn |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 495.96 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 262.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 105.32 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 238.70 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 58.84 Mn |
| 10 | Bullish | 3.08 Bn | 2.99 Bn | - | 49.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 49.98 Mn |
| Sep 30, 2025 | 8.76 Mn |
| Dec 31, 2024 | 25.00 Mn |