Bullish (BLSH) revenue breakdown

Technology · Software - Infrastructure · Market cap $4.2B

By product, On the exchange is the largest at 100% of fiscal 2025 revenue, growing 45% a year over 2 years.

Revenue by product

Fiscal years, as Bullish reports them in its 10-K filings; fiscal 2025 total $244.8B.

Products202320242025Share
On the exchange$115.6B$250.2B$244.4B 100%
On other venues$885M$22M$396M 0%
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Questions

Where does Bullish make its money?

In fiscal 2025, by product: On the exchange $244.4B, On other venues $396M.

From Bullish's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.