Bullish (BLSH) Share-based Compensation (2024 - 2025)
Bullish (BLSH) posted Share-based Compensation of $628000.0 for Q4 2025, down 79.94% sequentially from $3.1 million in Q3 2025, and down 86.64% YoY from $4.7 million in Q4 2024.
Bullish (BLSH) Share-based Compensation (2024 - 2025) Analysis & Trends
Bullish has reported Share-based Compensation for 2 years, with the latest figure at $628000.0 in Q4 2025.
- Quarterly Share-based Compensation fell 86.64% year-over-year to $628000.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $11.7 million (changed N/A YoY) and the FY2025 annual result came in at $16.2 million, down 28.27% from the prior year.
- Share-based Compensation slipped to $628000.0 in Q4 2025 per BLSH's latest filing, from $3.1 million in the prior quarter.
- Over five years, Share-based Compensation peaked at $8.9 million in Q2 2024 and troughed at $628000.0 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 3.12 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 4.70 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 265.21 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 643.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 79.30 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 159.87 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 144.60 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 6.37 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 259.75 Mn |
| 10 | Bullish | 3.68 Bn | 3.66 Bn | 21.51 Mn | 628,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 628,000.00 |
| Dec 31, 2025 | 628,000.00 |
| Sep 30, 2025 | 3.13 Mn |
| Sep 30, 2025 | 3.13 Mn |
| Jun 30, 2025 | 3.26 Mn |
| Jun 30, 2025 | 3.26 Mn |
| Dec 31, 2024 | 4.70 Mn |
| Dec 31, 2024 | 4.70 Mn |
| Sep 30, 2024 | 5.70 Mn |
| Sep 30, 2024 | 5.70 Mn |
| Jun 30, 2024 | 8.90 Mn |
| Jun 30, 2024 | 8.90 Mn |