Bullish revenue

Bullish's revenue was $244.81bn in fiscal 2025, down 2.2% on the year before.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Bullish: revenue history, annual
Fiscal year	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	116.5	250.2	244.8
Growth on the year before	—	+114.8%	−2.2%
Gross profit	0.1	0.1	0.1
Gross margin	0.1%	0.0%	0.0%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Systems Software: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Bullish	$244.81bn	-2.2%	—
Microsoft Corporation	$346.44bn	17.9%	16.6%
ServiceNow	$15.43bn	21.8%	22.1%
Palo Alto Networks	$11.48bn	24.5%	18.5%
Fortinet	$7.88bn	20.2%	15.1%
Gen Digital Inc.	$5.23bn	16.9%	11.7%

Compare with peers

Head to head: BLSH vs MSFT BLSH vs NOW BLSH vs PANW

More: Systems Software stocks compared, Technology sector, rankings of US companies

Figures from Bullish's SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Bullish.