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Bullish vs Metlife: revenue, profit, margins and growth compared

Bullish brought in $244.8B of revenue in fiscal 2025, Metlife $77.1B in fiscal 2025. Revenue changed by -2.2% at Bullish and +8.6% at Metlife on the year before, so Metlife grew faster. Bullish kept -0.3% of its revenue as net profit, Metlife 4.4%.

Side by side, latest fiscal year

BLSHMET
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$244.8B$77.1B
Revenue growth-2.2%+8.6%
Net income-$764.7M$3.4B
Net margin-0.3%4.4%
Free cash flow$18.7Mn/a
Free cash flow margin0.0%n/a
Earnings per share (diluted)-$5.99$4.71
Cash$87.9M$22B
Debtn/a$14.8B
Price to earningsn/a20.7
Market value$6B$62.1B
Dividend yieldn/a2.30%
Rank by revenue in sector#2 of 444 · Finance#7 of 444 · Finance

Over the years

Revenue
BLSH FY2023: $116.5BBLSH FY2025: $250.2BBLSH FY2025: $244.8BMET FY2018: $67.9BMET FY2019: $69.6BMET FY2020: $67.8BMET FY2021: $68.7BMET FY2022: $68.8BMET FY2023: $66.9BMET FY2024: $71BMET FY2025: $77.1BFY18FY19FY20FY21FY22FY23FY24FY25
BLSH $244.8BMET $77.1B
Net income
BLSH FY2023: $1.3BBLSH FY2025: $78.5MBLSH FY2025: -$764.7MMET FY2018: $5.1BMET FY2019: $5.9BMET FY2020: $5.4BMET FY2021: $6.9BMET FY2022: $5.3BMET FY2023: $1.6BMET FY2024: $4.4BMET FY2025: $3.4BFY18FY19FY20FY21FY22FY23FY24FY25
BLSH -$764.7MMET $3.4B
Net margin
BLSH FY2023: 1.1%BLSH FY2025: 0.0%BLSH FY2025: -0.3%MET FY2018: 7.5%MET FY2019: 8.5%MET FY2020: 8.0%MET FY2021: 10.0%MET FY2022: 7.7%MET FY2023: 2.4%MET FY2024: 6.2%MET FY2025: 4.4%FY18FY19FY20FY21FY22FY23FY24FY25
BLSH -0.3%MET 4.4%
Revenue growth
BLSH FY2025: +114.8%BLSH FY2025: -2.2%MET FY2019: +2.5%MET FY2020: -2.6%MET FY2021: +1.3%MET FY2022: +0.1%MET FY2023: -2.7%MET FY2024: +6.1%MET FY2025: +8.6%FY19FY20FY21FY22FY23FY24FY25
BLSH -2.2%MET +8.6%
Free cash flow
BLSH FY2023: -$127.6MBLSH FY2025: -$30.4MBLSH FY2025: $18.7MFY23FY25
BLSH $18.7MMET

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

Questions about Bullish and Metlife

Which is bigger by revenue, Bullish or Metlife?

Bullish is bigger by revenue: $244.8B in fiscal 2025, against $77.1B for Metlife in fiscal 2025.

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

Bullish had a net margin of -0.3% in fiscal 2025; Metlife had 4.4% in fiscal 2025.

Which grew revenue faster, Bullish or Metlife?

In their latest fiscal years revenue changed by -2.2% at Bullish and +8.6% at Metlife.

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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