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

23.13 0.17 +0.74%
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) P/S ratio

Alert me on P/S ratio

As of 3 November 2026, Bullish (BLSH) trades at a P/S ratio of 0.0×. Over the past ten years it has ranged from 0.0× (February 2026) to 0.0× (October 2025); the current reading is higher than 16% of that period. That is below the Software Infrastructure industry median of 2.9× and below the Technology sector median of 2.8×.

P/S ratio, daily

Embed this chart

Annual newest first

Period P/S ratio Change
FY2025 0.0× (33.67%)
FY2024 0.0× 0.00%
FY2023 0.0× —

Quarterly newest first

Period P/S ratio Change
Jun 2026 0.0× (25.30%)
Mar 2026 0.0× 26.40%
Dec 2025 0.0× (42.57%)
Sep 2025 0.0× 15.49%
6 more quarters

Against its own ten years

Low 0.0× High 0.0×
Ten-year median 0.0×
Current reading's percentile 16

P/S ratio against peers

Company P/S ratio
BLSH Bullish 0.0×
FOUR Shift4 Payments, Inc. compare 0.7×
WIX Wix.com Ltd. compare 1.5×
TDC Teradata Corporation compare 1.9×
DLO DLocal Limited compare 2.8×
APPN Appian Corporation compare 4.5×
CLBT Cellebrite DI Ltd. compare 5.9×
AVPT AvePoint, Inc. compare 7.4×
TCGL TechCreate Group Ltd. compare —
Software Infrastructure industry median 2.9×
Technology sector median 2.8×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

More on BLSH