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Wednesday 4 November 2026 Export BLSH’s income statement to Excel — free account

Bullish

BLSH Technology Software Infrastructure

Bullish’s revenue for fiscal 2025 (year ended December 2025) was $245.0 billion, down 2.11% from fiscal 2024.

Revenue
−44.3%
EPS
−287.4%
Free cash flow
+2.25%
Total debt
−13.5%

Quarter to June 2026, against a year earlier

23.17 0.21 +0.91%
Market cap
$3.5B
P/E
0.0×
Fwd P/E
−5.6×
Dividend yield
—
F-score
4/9
Altman Z
65.89
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Bullish (BLSH) EBITDA

Alert me on EBITDA

Bullish's EBITDA for fiscal 2025 was −$716.5M, compared with $187.2M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$1.5B. Bullish ranks 166th of 166 Software Infrastructure companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 −$716.5M —
FY2024 $187.2M (85.71%)
FY2023 $1.3B —

Quarterly newest first

Period EBITDA Change
Jun 2026 −$281.6M —
Mar 2026 −$666.0M —
Dec 2025 −$573.6M —
Sep 2025 $50.5M (64.52%)
6 more quarters

EBITDA against peers

Company EBITDA
FOUR Shift4 Payments, Inc. compare $941.0M
DLO DLocal Limited compare $266.3M
TDC Teradata Corporation compare $222.0M
CLBT Cellebrite DI Ltd. compare $76.4M
AVPT AvePoint, Inc. compare $52.1M
APPN Appian Corporation compare $20.3M
WIX Wix.com Ltd. compare −$171.1M
BLSH Bullish −$1.5B
TCGL TechCreate Group Ltd. compare —

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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