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Bullish vs SoFi Technologies: revenue, profit, margins and growth compared

Bullish brought in $244.8B of revenue in fiscal 2025, SoFi Technologies $3.6B in fiscal 2025. Revenue changed by -2.2% at Bullish and +35.1% at SoFi Technologies on the year before, so SoFi Technologies grew faster. Bullish kept -0.3% of its revenue as net profit, SoFi Technologies 13.3%. Free cash flow was $18.7M at Bullish and -$4B at SoFi Technologies.

Side by side, latest fiscal year

BLSHSOFI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$244.8B$3.6B
Revenue growth-2.2%+35.1%
Net income-$764.7M$481.3M
Net margin-0.3%13.3%
Free cash flow$18.7M-$4B
Free cash flow margin0.0%-110.3%
Earnings per share (diluted)-$5.99$0.39
Cash$87.9M$4.9B
Debtn/an/a
Price to earningsn/a42.5
Market value$6B$21.4B
Dividend yieldn/an/a
Rank by revenue in sector#2 of 444 · Finance#112 of 444 · Finance

Over the years

Revenue
BLSH FY2023: $116.5BBLSH FY2025: $250.2BBLSH FY2025: $244.8BSOFI FY2019: $442.7MSOFI FY2020: $565.5MSOFI FY2021: $984.9MSOFI FY2022: $1.6BSOFI FY2023: $2.1BSOFI FY2024: $2.7BSOFI FY2025: $3.6BFY19FY20FY21FY22FY23FY24FY25
BLSH $244.8BSOFI $3.6B
Net income
BLSH FY2023: $1.3BBLSH FY2025: $78.5MBLSH FY2025: -$764.7MSOFI FY2019: -$239.7MSOFI FY2020: -$224.1MSOFI FY2021: -$483.9MSOFI FY2022: -$320.4MSOFI FY2023: -$300.7MSOFI FY2024: $498.7MSOFI FY2025: $481.3MFY19FY20FY21FY22FY23FY24FY25
BLSH -$764.7MSOFI $481.3M
Net margin
BLSH FY2023: 1.1%BLSH FY2025: 0.0%BLSH FY2025: -0.3%SOFI FY2019: -54.1%SOFI FY2020: -39.6%SOFI FY2021: -49.1%SOFI FY2022: -20.4%SOFI FY2023: -14.2%SOFI FY2024: 18.6%SOFI FY2025: 13.3%FY19FY20FY21FY22FY23FY24FY25
BLSH -0.3%SOFI 13.3%
Revenue growth
BLSH FY2025: +114.8%BLSH FY2025: -2.2%SOFI FY2020: +27.8%SOFI FY2021: +74.1%SOFI FY2022: +59.8%SOFI FY2023: +34.9%SOFI FY2024: +26.0%SOFI FY2025: +35.1%FY20FY21FY22FY23FY24FY25
BLSH -2.2%SOFI +35.1%
Free cash flow
BLSH FY2023: -$127.6MBLSH FY2025: -$30.4MBLSH FY2025: $18.7MSOFI FY2019: -$92.3MSOFI FY2020: -$503.9MSOFI FY2021: -$1.4BSOFI FY2022: -$7.3BSOFI FY2023: -$7.3BSOFI FY2024: -$1.3BSOFI FY2025: -$4BFY19FY20FY21FY22FY23FY24FY25
BLSH $18.7MSOFI -$4B

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

Questions about Bullish and SoFi Technologies

Which is bigger by revenue, Bullish or SoFi Technologies?

Bullish is bigger by revenue: $244.8B in fiscal 2025, against $3.6B for SoFi Technologies in fiscal 2025.

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

Bullish had a net margin of -0.3% in fiscal 2025; SoFi Technologies had 13.3% in fiscal 2025.

Which grew revenue faster, Bullish or SoFi Technologies?

In their latest fiscal years revenue changed by -2.2% at Bullish and +35.1% at SoFi Technologies.

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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