Company research
Bullish
CIK 1872195Updated Nov 10, 2026
SecurityBLSH · NYSE · equity
BLSH price & chart
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NYSE:BLSH on TradingView ↗About the company
Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology. Bullish was founded in 2020 with the vision to build an institutional-grade global exchange enabling optimized execution powered by a customizable, compliance-first infrastructure.
In the news
Siris to Acquire Equiniti's Retirement Solutions, Customer Resolutions and Lenvi Businesses ↗
Siris Announces Sale of Equiniti to Bullish ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
cash flow · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Cash flows from operating activities: | ||
| Profit or LossUSD | -785,469,000Source | 79,564,000Source |
| Additional Financial Items | ||
| AdjustmentsForSharebasedPaymentsUSD | 16,201,000Source | 22,587,000Source |
| AdjustmentsForUnrealisedForeignExchangeLossesGainsUSD | 0Source | 390,000Source |
| DividendsPaidClassifiedAsFinancingActivitiesUSD | 0Source | 0Source |
| GoodwillUSD | 63,062,000Source | 61,475,000Source |
| InterestPaidClassifiedAsFinancingActivitiesUSD | 40,733,000Source | 21,096,000Source |
| InterestReceivedClassifiedAsOperatingActivitiesUSD | 9,129,000Source | 11,755,000Source |
| PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesUSD | 1,064,000Source | 4,884,000Source |
| ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodUSD | 48,213,000Source | 167,000Source |
| ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivitiesUSD | 0Source | 0Source |
| PurchaseOfIntangibleAssetsClassifiedAsInvestingActivitiesUSD | 41,858,000Source | 3,320,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Cost of Goods and Services Sold | —Source | —Source |
| Gross Profit (Calculated) · Derived | — | — |
| Total RevenueUSD | 244,811,387,000Source | 250,201,282,000Source |
| Additional Financial Items | ||
| AdministrativeExpenseUSD | 182,188,000Source | 153,119,000Source |
| ApplicableTaxRatenumber | 0Source | 0Source |
| BasicEarningsLossPerShareUSD per share | -5.99Source | 0.7Source |
| CurrentTaxExpenseIncomeUSD | -170,000Source | 3,405,000Source |
| DeferredTaxExpenseIncomeUSD | -774,000Source | 1,600,000Source |
| DilutedEarningsLossPerShareUSD per share | -5.99Source | 0.68Source |
| EmployeeBenefitsExpenseUSD | 133,824,000Source | 131,653,000Source |
| ExpenseFromSharebasedPaymentTransactionsWithEmployeesUSD | 15,345,000Source | 22,480,000Source |
| FinanceCostsUSD | 52,369,000Source | 38,529,000Source |
| IncomeTaxExpenseContinuingOperationsUSD | -944,000Source | 5,005,000Source |
| InterestExpenseOnLeaseLiabilitiesUSD | 775,000Source | 1,063,000Source |
| OtherIncomeUSD | 158,941,000Source | 61,967,000Source |
| ProfessionalFeesExpenseUSD | 48,364,000Source | 21,466,000Source |
| ProfitLossAttributableToNoncontrollingInterestsUSD | -20,788,000Source | 1,037,000Source |
| ProfitLossAttributableToOwnersOfParentUSD | -764,681,000Source | 78,527,000Source |
| ProfitLossBeforeTaxUSD | -786,413,000Source | 84,569,000Source |
Offerings
Registration 333-288780
- Gross proceeds
- 1276500000.0
- Net proceeds
- 1212675000.0
- Deal price
- 37.0
- Shares
- 34500000
- Offering price
- $37.00
- Ticker
- BLSH