Companies: 10,795·Total market cap: $144.5T
Bullish

Bullish

BLSHNYSETechnology● Active
$27.09
+$0.13(+0.48%)
Market Cap$4.1B
P/E Ratio—
52W High$118
52W Low$24.79
Cash on HandFinancialsRevenue

Bullish (BLSH) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

BLSH · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$508.9M▲ +103.3% vs prior year
FY · as of Dec 31, 2025 · Reported in USD
Cash & Cash Equiv. (CCE)
$104.7M
cashAndCashEquivalents
Short-Term Investments
$404.1M
shortTermInvestments
YoY Change vs Prior Year
+103.3%
vs prior fiscal year
Latest Quarter
$359.7M
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$508.9MCash on Hand
Total Debt$601.5MTotal Debt
Net Cash / Net Debt−$92.6MNet Debt Position
Cash vs Debt Ratio
Cash 46%Debt 54%

Bullish carries a net debt position of $92.6M. Total debt ($601.5M) exceeds cash on hand ($508.9M). Bullish cash vs debt ratio: 46% cash / 54% debt.

Net Cash = Cash & ST Investments − Total Debt$508.9M − $601.5M = −$92.6M

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
BLSH annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$508.9M+103.3%
Dec 31, 2024$250.4M-31.9%
Dec 31, 2023$367.7M-74.0%
Dec 31, 2022$1.41B+14.4%
Dec 31, 2021$1.23B+415.8%
BLSH cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Technology Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited
TSM
$3.13T141.2%#2
Microsoft Corporation
Microsoft Corporation
MSFT
$94.56B3.1%#3
NVIDIA Corporation
NVIDIA Corporation
NVDA
$62.56B1.2%#4
Apple Inc.
Apple Inc.
AAPL
$54.70B1.2%
#5
Bullish
BullishYOU
BLSH
$508.9M12.3%
Technology sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Bullish (BLSH) cash on hand as of December 31, 2025 is $508.9M, comprising $104.7M in cash and cash equivalents (CCE) plus $404.1M in short-term investments — reported as Bullish cash and short-term investments on the balance sheet (10-K filing). Also referred to as Bullish cash reserves or cash position.

Bullish annual cash on hand history shows increased +103.3% in 2025: increased +103.3% in 2025. Bullish cash reserves in 2025 reflect the company's capital allocation strategy.

Bullish carries total debt of $601.5M against cash of $508.9M, resulting in a net debt position of -$92.6M. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

BLSH cash on hand · 5 questions

As of December 31, 2025, Bullish (BLSH) has $508,875,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $104,731,000 in cash and cash equivalents (CCE) plus $404,144,000 in short-term investments. Latest quarter (March 31, 2026): $359,695,000. Data sourced from the annual 10-K filing via FMP.

BLSH cash on handBLSH cash reservesBLSH cash 2025how much cash does BLSH have

▸ Source: FMP /balance-sheet-statement · US GAAP · Bullish · Bullish SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025