Bullish operates an institutionally oriented digital-asset exchange for spot and derivatives trading, combining a central limit order book with automated market-making for liquidity. Alongside trading infrastructure, it owns CoinDesk, which provides crypto news, data, indices and industry events such as Consensus. The group serves professional traders, institutions and market participants seeking regulated crypto market access and market information.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 58,662.9 | — | 107.5 | — |
| Q3 2025 | 41,649.7 | — | 18.4 | — |
| Q4 2025 | 64,401.3 | — | -546.6 | — |
| Q1 2026 | 51,870.2 | — | -581.7 | — |
| Q2 2026 | 32,650 | -44.3% | -270.2 | -351.3% |
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