Bullish
Research Bullish (BLSH) on Bullrun: market cap USD 4.90B. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerBLSH
- ExchangeNYSE
- CountryCayman Islands
- SectorTechnology
- IndustrySoftware-Infrastructure
- CurrencyUSD
- Market capUSD 4.90B
- Financial periodQ2 2026
- RevenueUSD 32.65B
- Net income-USD 270.19M
- Free cash flowUSD 16.25M
- Gross margin0.1%
Valuation Snapshot
latest market cap is USD 4.90B.
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 244.97B | -USD 764.68M | -USD 23.16M | 0.0% | -6.15 | USD 87.89M | USD 581.09M | USD 3.22B |
| FY2024 | USD 250.26B | USD 78.53M | -USD 33.69M | 0.0% | 0.54 | USD 31.54M | USD 543.07M | USD 2.39B |
| FY2023 | USD 116.51B | USD 1.30B | -USD 127.63M | -0.0% | 8.89 | USD 112.90M | USD 440.40M | USD 1.28B |
| FY2022 | USD 72.90B | -USD 4.25B | USD 193.64M | -0.0% | -29.04 | USD 1.38B | USD 14.13M | USD 1.88B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 4.90B | n/a | n/a | n/a |
| 2025 | 2025-12-31 | USD 5.71B | n/a | n/a | n/a |
About Bullish
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.
ETFs that hold Bullish
Bullish is one of the ten largest holdings of 2 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| VanEck Crypto& Blockchain Innovators ETF A USD Acc | 4.55% | 0.65% |
| WisdomTree Blockchain | 3.41% | 0.45% |
Related stock research
Other Technology stocks
Frequently asked questions
What is Bullish's market cap?
Bullish's market capitalization is USD 4.90B.
What does Bullish do?
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.