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

23.33 0.37 +1.61%
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

Bullish (BLSH) Free cash flow

Alert me on Free cash flow

Bullish's free cash flow for fiscal 2025 was $7.1M, compared with −$45.6M in fiscal 2024. Over the twelve months to 30 June 2026 it was $116.3M. Bullish ranks 58th of 172 Software Infrastructure companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $7.1M —
FY2024 −$45.6M —
FY2023 −$127.6M —

Quarterly newest first

Period Free cash flow Change
Jun 2026 $17.2M (81.74%)
Mar 2026 $94.0M 74.66%
Dec 2025 $53.8M —
Sep 2025 −$48.6M —
7 more quarters

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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