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. In the quarter to June 2026, revenue fell 44.3%, EPS fell 287.4%, free cash flow grew 2.25% and total debt fell 13.5%, each against the same quarter a year earlier.

29.49 2.38 −7.47%
Market cap
$4.8B
P/E
0.0×
Fwd P/E
−26.8×
Dividend yield
—
F-score
4/9
Altman Z
65.89
Beneish M
n/a
Dividend safety
n/a

Bullish (BLSH) P/E ratio

Alert me on P/E ratio

Bullish has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 0.0× (October 2026) — the current reading is the highest in ten years.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.0× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
Sep 2025 0.0× —
6 more quarters

Against its own ten years

Low 0.0× High 0.0×
Ten-year median 0.0×
Current reading's percentile 100

P/E ratio against peers

Company P/E ratio
BLSH Bullish n/m
VRNS Varonis Systems, Inc. compare n/m
CORZ Core Scientific, Inc. compare n/m
RELY Remitly Global, Inc. compare 16.7×
DLO DLocal Limited compare 21.0×
ACIW ACI Worldwide, Inc. compare 24.0×
BOX Box, Inc. compare 54.9×
BB BlackBerry Limited compare 59.9×
TENB Tenable Holdings, Inc. compare 701×
Software Infrastructure industry median 28.4×
Technology sector median 28.2×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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