Bullish (BLSH) Total Liabilities (2023 - 2025)

Bullish's (BLSH) quarterly Total Liabilities came in at $658.2 million in Q4 2025, up 1.77% year-on-year from $646.8 million in Q4 2024, and up 1.99% quarter-over-quarter from $645.3 million in Q3 2025.

Bullish (BLSH) Total Liabilities (2023 - 2025) Analysis & Trends

Bullish has disclosed Total Liabilities across 3 years of filings, most recently posting $658.2 million for Q4 2025.

  • Total Liabilities for Q4 2025 came in at $658.2 million, up 1.77% year-over-year; the trailing twelve-month figure through Dec 2025 was $658.2 million (up 1.77% YoY), and the FY2025 annual result was $658.2 million, up 1.77% from the prior year.
  • Total Liabilities came in at $658.2 million for Q4 2025 at Bullish, up from $645.3 million in the prior quarter.
  • In the past five years, Total Liabilities ranged from a high of $688.2 million in Q2 2025 to a low of $422.8 million in Q4 2023.
  • The 3-year median for Total Liabilities is $646.8 million (2024), against an average of $612.2 million.
  • Across the five-year window, Total Liabilities surged 52.99% in 2024 and increased 1.77% in 2025, its largest moves.
  • Bullish's Total Liabilities stood at $422.8 million in 2023, then soared by 52.99% to $646.8 million in 2024, then gained by 1.77% to $658.2 million in 2025.
  • The last three Total Liabilities figures came in at $658.2 million (Q4 2025), $645.3 million (Q3 2025), and $688.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 Microsoft 2,819.83 Bn 2,741.56 Bn 56.06 Bn 279.86 Bn
2 Alarum Technologies 1,056.91 Bn 1,042.76 Bn 7.23 Mn 11.48 Bn
3 Oracle 530.68 Bn 492.11 Bn 15.14 Bn 206.19 Bn
4 Palantir Technologies 306.85 Bn 298.93 Bn 1.42 Bn 1.64 Bn
5 Palo Alto Networks 199.03 Bn 194.49 Bn 1.91 Bn 15.59 Bn
6 CrowdStrike Holdings 170.56 Bn 167.51 Bn 993.68 Mn 6.61 Bn
7 Fortinet 106.91 Bn 103.62 Bn 1.49 Bn 8.89 Bn
8 Synopsys 86.43 Bn 86.31 Bn 1.77 Bn 16.69 Bn
9 Cloudflare 79.42 Bn 78.48 Bn 455.60 Mn 4.64 Bn
10 Bullish 3.08 Bn 3.00 Bn 21.51 Mn 658.18 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 658.18 Mn
Sep 30, 2025 645.33 Mn
Jun 30, 2025 688.20 Mn
Dec 31, 2024 646.75 Mn
Dec 31, 2023 422.75 Mn