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Bullish
Previous close
$24.90
Day range
$25.55 - $27.46
Year range
$24.79 - $118.00
Market cap
4.01B USD
Avg Volume
2.02M
P/E ratio
-
Dividend yield
-
Primary exchange
NYSE
Top news
Q4 earnings report for Bullish
Financials
Income Statement
Revenue
Net income
| (USD) | Dec 2025info | Y/Y change |
|---|---|---|
Revenue | 77.70M | 97.89% |
Operating expense | 545.84M | 500.44% |
Net income | -546.60M | -448.08% |
Net profit margin | -703.43 | -275.90% |
Earnings per share | 0.19 | — |
EBITDA | -466.32M | -364.15% |
Effective tax rate | 0.27% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Dec 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 492.04M | 318.00% |
Total assets | 3.96B | 29.83% |
Total liabilities | 658.18M | 1.77% |
Total equity | 3.30B | — |
Shares outstanding | 150.92M | — |
Price to book | 1.16 | — |
Return on assets | -27.28% | — |
Return on capital | -27.73% | — |
Cash Flow
Net change in cash
| (USD) | Dec 2025info | Y/Y change |
|---|---|---|
Net income | -546.60M | -448.08% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
Bullish is a cryptocurrency exchange and blockchain technology company headquartered in George Town, Cayman Islands. The company provides infrastructure and services for the trading of digital assets through the Bullish Exchange platform, which is licensed in Germany, Hong Kong, Gibraltar, and New York State.
As of March 2025, Bullish reported processing US$1.25 trillion in transactions, including US$284.8 billion in Bitcoin and US$144.5 billion in Ethereum trades during 2024. Bullish also owns the media outlet CoinDesk and holds approximately 24,000 Bitcoins. Wikipedia
Founded
2020
Website
Employees
406
