Bullish

BLSHNYSETechnology● Active

$27.18

+$0.22(+0.82%)

Market Cap$4.1B

P/E Ratio—

52W High$118

52W Low$24.79

Avg Volume1.3M

Open$27.50

Beta-0.13

Net Income Financials Revenue

Bullish (BLSH) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

BLSH · net income · updated Jun 8, 2026

Core profitability metrics

BLSH · net income · margin · TTM · CAGR

Net income was −$764.7M for FY2025 (fiscal year ending 2025-12-31), down 1073.8% year-over-year. Net profit margin was -0.3%. Based on available data, Bullish has been profitable since at least 2023.

FY2025 Net Income−$764.7M▼ -1073.8% YoY

Trailing 12M (TTM)−$1.00Btrailing 4 quarters sum

Net Profit Margin-0.3%−$764.7M ÷ $244.97B

YoY Change-1073.8%—

5-Year CAGRN/AN/A — contains loss years

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2023

▸ FMP /income-statement · Annual · BLSH net income history · BLSH profit margin

Annual net income data

BLSH · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025Loss−$764.7M▼ 1073.8%-0.3%$244.97B

FY2024$78.5M▼ 94.0%0.0%$250.26B

FY2023★ First Profit$1.30B▲ +130.6%1.1%$116.51B

FY2022Loss−$4.25B▼ 203.0%-5.8%$72.90B

FY2021Loss−$1.40B▼ 1077.3%-106.0%$1.32B

Net income vs peers (Technology)

BLSH vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

BullishYOU

BLSH

−$764.7M-1073.8%-0.3%

Loss

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Bullish (BLSH) reported net income of −$764.7M for FY2025 (fiscal year ending 2025-12-31), down 1073.8% year-over-year. The net profit margin was -0.3% — meaning the company kept $-0.00 of every dollar of revenue as profit.

Based on available data, Bullish has been profitable since at least 2023. Net income reached a peak of $1.30B in FY2023. Data available for 6 fiscal years.

Bullish's net profit margin was -0.3% for FY2025, based on the latest annual results.

Investors sometimes search for "Bullish net worth" — the company's market capitalization is a separate figure from BLSH net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

BLSH net income · 4 questions

Bullish is not currently profitable on an annual basis. The company reported a net loss of $764.7M for FY2025.

is BLSH profitabledoes BLSH make a profitBLSH profitabilityBLSH profitable company

▸ Source: FMP /income-statement · GAAP · Bullish · Bullish SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026