bullish - BLSH

BLSH

Close Chg Chg %
37.41 0.92 2.46%

Open Market

38.33

+0.92 (2.46%)

Volume: 623.78K

Last Updated:

Mar 25, 2026, 1:02 PM EDT

Company Overview: bullish - BLSH

BLSH Key Data

Open

$38.25

Day Range

38.01 - 39.19

52 Week Range

N/A - N/A

Market Cap

$5.62B

Shares Outstanding

150.30M

Public Float

59.25M

Beta

0.61

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$4.06

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

1.38M

 

BLSH Performance

1 Week
 
-1.58%
 
1 Month
 
19.05%
 
3 Months
 
-9.16%
 
1 Year
 
N/A
 
5 Years
 
N/A
 

BLSH Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 11
Full Ratings ➔

About bullish - BLSH

Bullish engages in the management of a digital asset platform. It also offers market infrastructure and information services. The company was founded by Brendan Francis Blumer in 2020 and is headquartered in George Town, Cayman Islands.

BLSH At a Glance

Bullish
60 Nexus Way
George Town, George Town KY1-9005
Phone 1-345-949-8066 Revenue 244.81B
Industry Packaged Software Net Income -764,681,000.01
Sector Technology Services Employees 414
Fiscal Year-end 12 / 2026
View SEC Filings

BLSH Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.023
Price to Book Ratio 1.776
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -41.787
Enterprise Value to Sales 0.024
Total Debt to Enterprise Value 0.099

BLSH Efficiency

Revenue/Employee 591,331,852.664
Income Per Employee -1,847,055.556
Receivables Turnover 515.349
Total Asset Turnover 69.907

BLSH Liquidity

Current Ratio 29.282
Quick Ratio 27.695
Cash Ratio 3.917

BLSH Profitability

Gross Margin 0.029
Operating Margin -0.061
Pretax Margin -0.321
Net Margin -0.312
Return on Assets -21.836
Return on Equity -27.281
Return on Total Capital -20.138
Return on Invested Capital -22.851

BLSH Capital Structure

Total Debt to Total Equity 18.068
Total Debt to Total Capital 15.303
Total Debt to Total Assets 14.687
Long-Term Debt to Equity 16.331
Long-Term Debt to Total Capital 13.832
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Bullish - BLSH

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
72.89B 116.49B 250.20B 244.81B
Sales Growth
- +59.82% +114.78% -2.15%
Cost of Goods Sold (COGS) incl D&A
72.80B 116.42B 250.11B 244.74B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
3.60M 5.42M 8.55M 8.20M
Depreciation
3.60M 5.42M 6.20M 5.96M
Amortization of Intangibles
- - 2.35M 2.24M
-
COGS Growth
- +59.92% +114.83% -2.15%
Gross Income
89.29M 67.52M 87.97M 70.10M
Gross Income Growth
- -24.38% +30.28% -20.31%
Gross Profit Margin
+0.12% +0.06% +0.04% +0.03%
2022 2023 2024 2025 5-year trend
SG&A Expense
161.41M 126.92M 179.68M 218.69M
Research & Development
- - - -
-
Other SG&A
161.41M 126.92M 179.68M 218.69M
SGA Growth
- -21.37% +41.57% +21.71%
Other Operating Expense
- - - -
-
Unusual Expense
4.04B (1.35B) (162.86M) 728.67M
EBIT after Unusual Expense
(4.12B) 1.30B 71.15M (877.26M)
Non Operating Income/Expense
(5.55M) 9.01M 51.95M 143.22M
Non-Operating Interest Income
4.90M 12.05M 12.24M 14.80M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
122.73M 2.98M 38.53M 52.37M
Interest Expense Growth
- -97.57% +1,191.62% +35.92%
Gross Interest Expense
122.73M 2.98M 38.53M 52.37M
Interest Capitalized
- - - -
-
Pretax Income
(4.24B) 1.30B 84.57M (786.41M)
Pretax Income Growth
- +130.66% -93.50% -1,029.91%
Pretax Margin
-5.82% +1.12% +0.03% -0.32%
Income Tax
1.20M 1.46M 5.01M (944.00K)
Income Tax - Current - Domestic
4.53M 2.70M 3.41M (170.00K)
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(3.33M) (1.24M) 1.60M (774.00K)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(4.25B) 1.30B 79.56M (785.47M)
Minority Interest Expense
- 848.00K 1.04M (20.79M)
Net Income
(4.25B) 1.30B 78.53M (764.68M)
Net Income Growth
- +130.60% -93.96% -1,073.78%
Net Margin Growth
-5.83% +1.12% +0.03% -0.31%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(4.25B) 1.30B 78.53M (764.68M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(4.25B) 1.30B 78.53M (764.68M)
EPS (Basic)
-18.8706 5.7741 0.3485 -5.0697
EPS (Basic) Growth
- +130.60% -93.96% -1,554.72%
Basic Shares Outstanding
225.00M 225.00M 225.33M 150.83M
EPS (Diluted)
-18.8706 5.3164 0.3402 -5.0697
EPS (Diluted) Growth
- +128.17% -93.60% -1,590.21%
Diluted Shares Outstanding
225.00M 244.37M 230.80M 150.83M
EBITDA
(68.52M) (53.98M) (83.17M) (140.39M)
EBITDA Growth
- +21.22% -54.08% -68.80%
EBITDA Margin
-0.09% -0.05% -0.03% -0.06%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 44.10
Number of Ratings 11 Current Quarters Estimate 0.14
FY Report Date 03 / 2026 Current Year's Estimate 0.599
Last Quarter’s Earnings 0.195 Median PE on CY Estimate N/A
Year Ago Earnings 0.304 Next Fiscal Year Estimate 0.948
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 7 7 9 9
Mean Estimate 0.14 0.15 0.60 0.95
High Estimates 0.20 0.22 0.89 1.53
Low Estimate 0.06 0.08 0.14 0.46
Coefficient of Variance 36.95 33.20 43.30 37.19

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 6 6 6
OVERWEIGHT 0 0 0
HOLD 5 6 6
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Bullish in the News