Dec 2025Revenue $245B/yrExpenses $246B/yr
Fell below break-even Feb 2025
Figures by year
When will Bullish be profitable again?
Its expenses passed its revenue in Feb 2025. In the 12 months to Dec 2025, revenue was $245B and expenses $246B.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2025 | $245B | $246B | −$786M |
| Dec 2024 | $250B | $250B | $84.6M |
| Dec 2023 | $116B | $115B | $1.30B |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.