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
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Bullish (BLSH) 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
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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 | Free account |
Against its own ten years
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)
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/B ratio
- Price to free cash flow
- 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