Bullish (BLSH) Receivables (2024 - 2025)
Bullish (BLSH) reported Receivables of $446.5 million for Q4 2025, up 168.34% on a YoY basis from $166.4 million in Q4 2024, and up 2.24% sequentially from $436.7 million in Q3 2025.
Bullish (BLSH) Receivables (2024 - 2025) Analysis & Trends
Bullish (BLSH) has 2 years of Receivables data on file, last reported at $446.5 million in Q4 2025.
- For the quarter ending Q4 2025, Receivables rose 168.34% year-over-year to $446.5 million; the trailing twelve-month figure through Dec 2025 stood at $446.5 million (up 168.34% YoY), and the FY2025 full-year result was $446.5 million, up 168.34% from the prior year.
- Receivables advanced to $446.5 million in Q4 2025, from $436.7 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $446.5 million in Q4 2025 to a low of $166.4 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 60.04 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | - |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 10.39 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | 36.37 Mn |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 1.40 Bn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 2.12 Bn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 1.36 Bn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 1.49 Bn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 403.75 Mn |
| 10 | Bullish | 3.08 Bn | 2.99 Bn | - | 446.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 446.48 Mn |
| Sep 30, 2025 | 436.72 Mn |
| Jun 30, 2025 | 310.93 Mn |
| Dec 31, 2024 | 166.39 Mn |