Bullish
BLSH
Revenue grew -44.3% year over year to $32.65B in the quarter ending June 2026, an annual run rate of $130.6B.
ARR ($M)
Net Dollar Retention
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ARR Growth
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EV / NTM Revenue
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Payback Period
EV / Run Rate
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Price & Key Metrics
Price Performance
Company Details
Share Price: 32.89
Last Filing Date: 2026-06-30
Last Filing: Form
Founding Year: 2020
IPO Year: 2025
% of 52 wk High: 47%
Description
Bullish provides market infrastructure and information services in United States. It operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity.
Categories
Software
Infrastructure Software
Valuation
Market Cap: --
Enterprise Value: --
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EV / 2027 Revenue Estimates: --
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: --
Customers: --
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Revenue
Revenue Run Rate: 130,600
ARR: --
2026 Revenue Estimates: 410
2027 Revenue Estimates: 1,318
2028 Revenue Estimates: 1,502
LTM Revenue: --
Last Year Run Rate: 234,651
Growth
Revenue Growth: -44%
ARR Growth: --
Growth Persistence: --
2026 Revenue Growth Estimates: 45%
2027 Revenue Growth Estimates: 221%
2028 Revenue Growth Estimates: 14%
Financials
Quarterly
Calendar Year
Frequently Asked Questions
How fast is Bullish growing?
Bullish grew revenue -44.3% year over year, reaching $32.65B in the quarter ending June 2026.
What sector is Bullish in?
Public Comps classifies Bullish under Software and Infrastructure Software.
Where does Public Comps get Bullish's data?
Figures come from Bullish's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.