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BLSH · NYSE · Software - Application

Bullish (BLSH)

Operates a regulated institutional exchange alongside CoinDesk data, indices, media, and events.

$40.70

After hours−0.03 (−0.07%)

At close$40.73(+1.47%)

In millions of USD, except per-share figures

In millions	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	80,414	49,604	54,204	66,041	80,256	58,663	41,650	64,401	51,813	93
Cost of revenue	80,413	49,556	54,171	66,155	80,253	58,615	41,585	64,487	51,795	27
Gross profit	1	48	33	−114	4	48	65	−85	18	65
	−10	56	40	−143	0	60	46	−112	76	59
	5	40	40	−91	13	43	46	−82	76	59
Selling & marketing	1	0	0	3	2	0	0	5	0	0
General & administrative	4	40	40	−95	12	43	46	−87	0	0
Other expenses	−14	17	0	−51	−13	17	0	−30	0	0
Operating income	11	−8	−7	29	3	−13	19	27	−58	6
	94	−108	−60	133	−352	122	−1	−592	−547	−286
Interest income	0	0	0	0	0	0	0	0	6	0
Interest expense	9	9	10	11	10	13	14	15	14	10
Other non-operating income	−103	99	50	−144	342	−135	−13	577	533	0
Income before tax	105	−116	−67	162	−349	109	18	−565	−605	−280
Income tax expense	0	0	1	4	0	1	0	−2	0	0
Net income from continuing operations	105	−116	−67	158	−349	108	18	−564	−605	−280
Net income	104	−115	−67	157	−344	108	18	−547	−582	−270
EPS, basic	$0.71	−$0.79	−$0.46	$1.07	−$2.35	$0.74	$0.14	−$3.62	−$3.85	−$1.78
EPS, diluted	$0.71	−$0.79	−$0.46	$1.07	−$2.35	$0.74	$0.13	−$3.62	−$3.85	−$1.78
Weighted average shares, basic	146	146	146	146	146	146	133	151	151	151
Weighted average shares, diluted	146	146	146	146	146	146	133	151	151	151
EBITDA	116	−105	−55	175	−336	125	34	−549	−588	8
Depreciation & amortization	2	2	2	2	2	2	2	1	2	2
EBIT	114	−107	−57	173	−339	122	32	−550	−591	6