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Bullish (BLSH)
NYSE:BLSH
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Bullish (BLSH) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Sep 23, 2026
After Close (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
Last Year’s EPS
-0.05
Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 19, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
Bullish demonstrated strong financial performance with record revenues and significant progress in options trading and liquidity services. However, some challenges remain, including flat Q4 SS&O revenue guidance and a slow onboarding process for U.S. customers.
Company Guidance
During Bullish Global's third-quarter 2025 earnings call, the company provided optimistic guidance for the remainder of the fiscal year, citing record adjusted revenue of $76.5 million and an adjusted EBITDA of $28.6 million. The company expects its momentum to continue, with guidance indicating SS&O revenue of $47 million to $53 million for Q4. Bullish's liquidity services and options franchises are key growth drivers, with the company reporting a 100% sequential increase in active partner count and a successful launch of its options franchise, achieving over $1 billion in trading volume within two weeks. Additionally, Bullish highlighted its strategic positioning in the tokenization trend, emphasizing its role in providing compliant and regulated global exchange services. The company's robust regulatory footprint, including the recent acquisition of a BitLicense, facilitates U.S. expansion, contributing to a stronger customer base, and further integration with institutional clients. The call underscored Bullish's confidence in sustaining profitable growth into 2026, driven by its diversified revenue streams and strategic market positioning.
Record-Breaking Revenue and Growth
Bullish reported record adjusted revenue of $76.5 million, record adjusted EBITDA of $28.6 million, and record adjusted net income of $13.8 million for Q3 2025.
Launch of Options Trading
Successfully launched an options franchise with over $1 billion in trading volume in just over two weeks, with a market share of approximately 4%.
Expansion of Liquidity Services
Added a record number of liquidity services partners in Q3, with active partner count up 100% sequentially, and expanded relationships with major blockchain ecosystems.
Strong Performance in Media and Indices Business
CoinDesk became the top crypto news site globally by views, and indices business underpinned several new U.S.-based exchange-traded crypto products.
Regulatory and Market Position
Secured a BitLicense, enabling U.S. onboarding for Bullish exchange clientele, and positioned at the intersection of trends like regulatory clarity and asset tokenization.

Bullish (BLSH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

BLSH Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Sep 23, 2026
2026 (Q2)
- / -
-0.052
Nov 19, 2025
2025 (Q3)
0.10 / 0.10
-0.456121.93% (+0.56)
Sep 17, 2025
2025 (Q2)
-0.03 / -0.05
-1.02594.93% (+0.97)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

BLSH Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 19, 2025
$37.76$36.39-3.63%
Sep 17, 2025
$54.35$65.61+20.72%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Bullish (BLSH) report earnings?
Bullish (BLSH) is schdueled to report earning on Sep 23, 2026, After Close (Confirmed).
    What is Bullish (BLSH) earnings time?
    Bullish (BLSH) earnings time is at Sep 23, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is BLSH EPS forecast?
          Currently, no data Available

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