stockrowBullish
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
Follow BLSH
Alert me
Bullish (BLSH) Price to free cash flow
As of 3 November 2026, Bullish (BLSH) trades at a price to free cash flow of 29.8×. Over the past ten years it has ranged from 0.0× (December 2025) to 742× (January 2026); the current reading is higher than 24% of that period. That is above the Software Infrastructure industry median of 17.3× and above the Technology sector median of 20.0×.
Price to free cash flow, daily
Embed this chart
Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 677× | 125.32% |
| FY2024 | 301× | 0.00% |
| FY2023 | 301× | — |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 30.6× | (34.40%) |
| Mar 2026 | 46.6× | (93.12%) |
| Dec 2025 | 677× | — |
| Sep 2025 | 0.0× | — |
| 6 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| CLBT Cellebrite DI Ltd. compare | n/m |
| TDC Teradata Corporation compare | 4.3× |
| WIX Wix.com Ltd. compare | 7.9× |
| DLO DLocal Limited compare | 9.8× |
| FOUR Shift4 Payments, Inc. compare | 10.7× |
| BLSH Bullish | 29.8× |
| AVPT AvePoint, Inc. compare | 35.0× |
| APPN Appian Corporation compare | 46.2× |
| TCGL TechCreate Group Ltd. compare | — |
| Software Infrastructure industry median | 17.3× |
| Technology sector median | 20.0× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on BLSH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- The full statement