BLSH — Bullish

NYSE · Financials · Consumer Finance · CIK 1872195 · Cayman Islands
Last close
$34.68
Market Cap
$5.26B
52W High
$48.93
52W Low
$30.51
ADV30
1,327,262
Next earnings
Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity. It also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets to leading traditional finance institutions, including exchanges and asset managers; CoinDesk Data, a comprehensive suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics; and CoinDesk Insights offers news, analysis, information, conferences and networking opportunities related to digital assets, blockchain technology and the broader financial technology industry. Bullish was founded in 2020 and is based in George Town, Cayman Islands.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 51,870,229,000 29,794,000 7,772,000 -581,713,000 3,324,056,000 76,052,000 620,849,000
Dec 2025 64,401,273,000 -85,452,000 27,035,000 -546,597,000 3,956,504,000 87,892,000 658,175,000
Sep 2025 41,649,657,000 65,052,000 19,343,000 18,397,000 4,623,382,000 69,307,000 645,330,000
Jun 2025 58,662,937,000 47,664,000 -12,715,000 107,513,000 3,239,510,000 35,560,000 688,196,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$28,633,000
Investing CF
$2,104,000
Financing CF
$42,395,000
CapEx
$-51,789,000
Dividends Paid
$0
Buybacks
EPS Diluted TTM
$-5.25
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-2,668,100,000
Inventory
$206,178,000
Receivables
$475,040,000
ST Investments
$1,442,059,000
EBIT TTM
$-734,044,000
Pretax Income TTM
$-786,413,000
Interest Exp TTM
$52,369,000
Analysts
10

Yahoo Snapshot (yfinance, live)

Total Revenue
$267,908,000
EBITDA
$-494,022,016
Free Cash Flow
$-847,196,352
Enterprise Value
$5,535,610,880
Total Cash
$342,692,000
Total Debt
$507,099,008
Shares Out
151,648,346
Trailing EPS
$-7.49
Book Value
$17.53
ROE
-44.6%
ROA
-10.4%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 244,970,328,000 50,659,000 -764,681,000 3,956,504,000 658,175,000 28,632,000
Dec 2024 250,263,249,000 31,922,000 78,527,000 3,047,412,000 646,753,000 -29,979,000
Dec 2023 116,507,500,000 10,211,000 1,299,167,000 1,804,519,000 522,225,000 -126,668,000
Dec 2022 72,895,276,000 15,669,000 -4,245,884,000 3,406,090,000 1,523,254,000 194,925,000

TTM Snapshot

Revenues TTM
NetIncome TTM
OpCashFlow TTM
Assets (Latest)
Forward EPS
$0.87

Peers — same industry

TickerNameMarket CapLastDaily %
MARA MARA Holdings, Inc. $5.44B $14.28
CACC CREDIT ACCEPTANCE CORP $5.77B $552.00
CHYM Chime Financial, Inc. $6.15B $17.62
PFSI PennyMac Financial Services, Inc. $4.47B $86.12
OMF OneMain Holdings, Inc. $6.21B $53.79

News headlines (Yahoo Finance, 1h cache)

Cathie Wood Is Dumping AMD and TSMC Stock. Here's What She's Buying Instead
2026-05-26 13:13 · Yahoo
Coinbase, Circle, Bullish And Strategy Want More Than Bitcoin Exposure— They Want The Rails
2026-05-26 09:46 · Yahoo
Cathie Wood Doubles Down On Peter Thiel's Bullish, Ark Sells Taiwan Semiconductor Stock Amid Spike
2026-05-25 09:46 · Yahoo
Cathie Wood's ARK Sells Chip Giants, Buys The Dip In Crypto Exchange Bullish And Two Others
2026-05-23 14:48 · Yahoo
SEC Delays Tokenized Stock Trading Proposal Amid Pushback; Crypto Exchanges Slide
2026-05-22 21:40 · Yahoo
Cathie Wood’s Ark Invest Loads Up On Bullish Stock
2026-05-22 13:25 · Yahoo
Blockchain.com Tests a Cold IPO Market After Kraken, Ledger Paused
2026-05-22 05:22 · Yahoo
Blockchain.com Files Confidentially for US Public Offering
2026-05-21 13:57 · Yahoo
Blockchain.com Files Confidentially for IPO as Crypto Listings Regain Momentum
2026-05-21 13:45 · Yahoo
Mesh joins Global Dollar Network to support USDG settlement
2026-05-20 10:00 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.