Bullish (BLSH) Share-based Compensation (2024 - 2026)
Bullish's Share-based Compensation was $5.03 million in Q2 2026, up 54.5% from $3.26 million a year earlier but down 67.4% from the prior quarter.
Bullish (BLSH) Share-based Compensation (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Bullish's Share-based Compensation was $24.23 million through Jun 30, 2026, up 29.0% year-over-year; for FY2025, it came in at $16.2 million, down 28.3% from FY2024.
- In earlier years, Share-based Compensation was $22.59 million in FY2024 (+265.9%) and $6.17 million in FY2023.
- Quarterly Share-based Compensation has moved between $628,000 (Q4 2025) and $15.44 million (Q1 2026) over five years.
- Compared with a year earlier, Share-based Compensation was higher in two of the last five quarters, with growth averaging 12.0%.
- Per Business Quant data, BLSH's Share-based Compensation in the three quarters before Q2 2026 was $15.44 million (Q1 2026), $628,000 (Q4 2025) and $3.13 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.49 Bn | 7.72 Bn | - | 275.00 Mn |
| 2 | Block | 46.34 Bn | 17.64 Bn | 3.17 Bn | 259.75 Mn |
| 3 | Coinbase Global | 44.39 Bn | 1.20 Bn | - | 238.34 Mn |
| 4 | Corpay | 26.40 Bn | 16.28 Bn | - | 32.01 Mn |
| 5 | Fiserv | 25.40 Bn | 22.08 Bn | 2.90 Bn | 117.00 Mn |
| 6 | Global Payments | 22.86 Bn | 652.84 Mn | 2.03 Bn | 35.71 Mn |
| 7 | Guidewire Software | 14.45 Bn | 11.02 Bn | 269.68 Mn | 46.78 Mn |
| 8 | Bitmine Immersion Technologies | 11.93 Bn | 9.31 Bn | 40.81 Mn | 13.25 Mn |
| 9 | Chime Financial | 11.25 Bn | 7.04 Bn | 594.87 Mn | 69.40 Mn |
| 10 | Bullish | 3.49 Bn | -1.33 Bn | 15.53 Mn | 5.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.03 Mn |
| Mar 31, 2026 | 15.44 Mn |
| Dec 31, 2025 | 4.05 Mn |
| Sep 30, 2025 | 3.13 Mn |
| Jun 30, 2025 | 3.26 Mn |
| Mar 31, 2025 | 5.13 Mn |
| Dec 31, 2024 | 4.70 Mn |
| Sep 30, 2024 | 5.70 Mn |
| Jun 30, 2024 | 8.90 Mn |
Bullish Share-based Compensation 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=share-based-compensation&ticker=BLSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();