BLSH (Bullish) Gross Profit: $57 Mil (TTM As of Mar. 2026)

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BLSH Bullish BLSH
15 GF Score
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! 3 Warning Signs
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What is Bullish Gross Profit?

Bullish BLSH -1.16% 15 Gross Profit is $57 Mil as of Mar. 2026. GuruFocus rates BLSH with a GF Score™ of 15/100. The stock has 3 warning signs investors should review.

Bullish's gross profit for the three months ended in Mar. 2026 was $30 Mil. Bullish's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $57 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bullish's gross profit for the three months ended in Mar. 2026 was $30 Mil. Bullish's Revenue for the three months ended in Mar. 2026 was $51,870 Mil. Therefore, Bullish's Gross Margin % for the quarter that ended in Mar. 2026 was 0.06%.

Bullish had a gross margin of 0.06% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Bullish was 0.03%. The lowest was -78.96%. And the median was -0.02%.


Bullish  (NYSE:BLSH) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Bullish had a gross margin of 0.06% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Bullish Gross Profit Related Terms


Bullish Gross Profit Historical Data

* Premium members only.

The historical data trend for Bullish's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bullish Gross Profit Chart

Bullish Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial -1,043.47 -6.56 -21.67 5.28 74.08

Bullish Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.67 47.66 65.05 -85.45 29.79

BLSH vs CLBT, BOX, DLO: Gross Profit Comparison

For the Software - Infrastructure subindustry, Bullish's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bullish Gross Profit vs Software Industry

For the Software industry and Technology sector, Bullish's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bullish's Gross Profit falls into.


BLSH
15GF Score
Bullish BLSH
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Bullish Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Bullish's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=244970.328 - 244896.244
=74

Bullish's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=51870.229 - 51840.435
=30

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $57 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Bullish's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=30 / 51870.229
=0.06 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $57 Mil mean?
Bullish (BLSH) has a Gross Profit of $57 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Bullish and its competitors.
Is Bullish's Gross Profit too high?
Bullish's current Gross Profit is $57 Mil. Overall, Bullish has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Bullish's Gross Profit compare to CLBT and BOX?
Bullish's Gross Profit of $57 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Software company?
A good Gross Profit depends on the Software industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Bullish and its competitors. Bullish's current Gross Profit is $57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bullish stock overvalued right now?
Bullish (BLSH) has a current Gross Profit of $57 Mil. The current Gross Profit is $57 Mil. Bullish's overall GF Score™ is 15/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Bullish (BLSH), the current Gross Profit is $57 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bullish Business Description

Address 60 Nexus Way, Camana Bay, 10A Building A, George Town, Grand Cayman, CYM, KY1-9005
Bullish is an institutionally focused global digital asset platform focused on providing market infrastructure and information services. Its objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual investors, and drive the adoption of stablecoins, digital assets, and blockchain technology. It expanded its product offering to provide trusted insights, authoritative news, data, indices and transparent analysis to the digital assets industry while facilitating partnerships, investment opportunities, and community engagement through its flagship Consensus conference.
15GF Score

Get the complete analysis for BLSH

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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