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Bullish vs Berkshire Hathaway: revenue, profit, margins and growth compared

Bullish brought in $244.8B of revenue in fiscal 2025, Berkshire Hathaway $371.4B in fiscal 2025. Revenue changed by -2.2% at Bullish and +0.0% at Berkshire Hathaway on the year before, so Berkshire Hathaway grew faster. Bullish kept -0.3% of its revenue as net profit, Berkshire Hathaway 18.0%. Free cash flow was $18.7M at Bullish and $25B at Berkshire Hathaway.

Side by side, latest fiscal year

BLSHBRK-A
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$244.8B$371.4B
Revenue growth-2.2%+0.0%
Net income-$764.7M$67B
Net margin-0.3%18.0%
Free cash flow$18.7M$25B
Free cash flow margin0.0%6.7%
Earnings per share (diluted)-$5.99n/a
Cash$87.9M$52.6B
Debtn/an/a
Price to earningsn/an/a
Market value$6B$714.1B
Dividend yieldn/an/a
Rank by revenue in sector#2 of 444 · Finance#1 of 444 · Finance

Over the years

Revenue
BLSH FY2023: $116.5BBLSH FY2025: $250.2BBLSH FY2025: $244.8BBRK-A FY2018: $247.8BBRK-A FY2019: $254.6BBRK-A FY2020: $245.6BBRK-A FY2021: $276.2BBRK-A FY2022: $302BBRK-A FY2023: $364.5BBRK-A FY2024: $371.4BBRK-A FY2025: $371.4BFY18FY19FY20FY21FY22FY23FY24FY25
BLSH $244.8BBRK-A $371.4B
Net income
BLSH FY2023: $1.3BBLSH FY2025: $78.5MBLSH FY2025: -$764.7MBRK-A FY2018: $4BBRK-A FY2019: $81.4BBRK-A FY2020: $42.5BBRK-A FY2021: $89.9BBRK-A FY2022: -$22.8BBRK-A FY2023: $96.2BBRK-A FY2024: $89BBRK-A FY2025: $67BFY18FY19FY20FY21FY22FY23FY24FY25
BLSH -$764.7MBRK-A $67B
Net margin
BLSH FY2023: 1.1%BLSH FY2025: 0.0%BLSH FY2025: -0.3%BRK-A FY2018: 1.6%BRK-A FY2019: 32.0%BRK-A FY2020: 17.3%BRK-A FY2021: 32.6%BRK-A FY2022: -7.5%BRK-A FY2023: 26.4%BRK-A FY2024: 24.0%BRK-A FY2025: 18.0%FY18FY19FY20FY21FY22FY23FY24FY25
BLSH -0.3%BRK-A 18.0%
Revenue growth
BLSH FY2025: +114.8%BLSH FY2025: -2.2%BRK-A FY2019: +2.7%BRK-A FY2020: -3.5%BRK-A FY2021: +12.5%BRK-A FY2022: +9.4%BRK-A FY2023: +20.7%BRK-A FY2024: +1.9%BRK-A FY2025: +0.0%FY19FY20FY21FY22FY23FY24FY25
BLSH -2.2%BRK-A +0.0%
Free cash flow
BLSH FY2023: -$127.6MBLSH FY2025: -$30.4MBLSH FY2025: $18.7MBRK-A FY2018: $22.9BBRK-A FY2019: $22.7BBRK-A FY2020: $26.8BBRK-A FY2021: $26.2BBRK-A FY2022: $21.9BBRK-A FY2023: $29.8BBRK-A FY2024: $11.6BBRK-A FY2025: $25BFY18FY19FY20FY21FY22FY23FY24FY25
BLSH $18.7MBRK-A $25B

Fiscal years as each company reports them; the two may end in different months.

Questions about Bullish and Berkshire Hathaway

Which is bigger by revenue, Bullish or Berkshire Hathaway?

Berkshire Hathaway is bigger by revenue: $371.4B in fiscal 2025, against $244.8B for Bullish in fiscal 2025.

Which keeps more of its revenue as profit, Bullish or Berkshire Hathaway?

Bullish had a net margin of -0.3% in fiscal 2025; Berkshire Hathaway had 18.0% in fiscal 2025.

Which grew revenue faster, Bullish or Berkshire Hathaway?

In their latest fiscal years revenue changed by -2.2% at Bullish and +0.0% at Berkshire Hathaway.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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