BULL
Webull Corp
NASDAQ: BULL · TECHNOLOGY · SOFTWARE - APPLICATION
$6.76
-4.79% today
Updated 2026-04-29
Market cap
$3.60B
P/E ratio
—
P/S ratio
6.37x
EPS (TTM)
$-1.23
Dividend yield
—
52W range
$5 – $19
Volume
12.9M
Webull Corp (BULL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | — | $388.33M | $389.60M | $390.23M | $571.00M |
| Revenue growth (YoY) | — | — | +0.3% | +0.2% | +46.3% |
| Cost of revenue | — | $59.76M | $66.42M | $79.31M | $128.75M |
| Gross profit | — | $328.57M | $323.18M | $310.92M | $442.25M |
| Gross margin | — | 84.6% | 83.0% | 79.7% | 77.5% |
| R&D | — | $46.77M | $52.16M | $63.84M | $79.18M |
| SG&A | — | $76.96M | $95.96M | $122.60M | $175.51M |
| Operating income | $-33831.00 | $68.55M | $22.98M | $-14.35M | $58.47M |
| Operating margin | — | 17.7% | 5.9% | -3.7% | 10.2% |
| EBITDA | $-33831.00 | $72.06M | $27.66M | $-5.26M | $53.89M |
| EBITDA margin | — | 18.6% | 7.1% | -1.3% | 9.4% |
| EBIT | — | $68.55M | $22.98M | $-11.93M | $50.66M |
| Interest expense | — | — | — | $122778.00 | $5.46M |
| Income tax | — | $32.21M | $16.14M | $13.82M | — |
| Effective tax rate | 0.0% | 39.1% | 72.7% | -155.8% | 0.0% |
| Net income | $-33831.00 | $50.08M | $6.07M | $-22.69M | $24.77M |
| Net income growth (YoY) | — | +148122.9% | -87.9% | -473.9% | +209.2% |
| Profit margin | — | 12.9% | 1.6% | -5.8% | 4.3% |