Webull Corporation BULLW
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $571.00M, +46.3% YoY · Filed Apr 9, 2026
Webull Corporation (BULL) files with the SEC under industry code 6211, Security Brokers, Dealers & Flotation Companies. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $571.0 million and net income of $24.8 million. Free cash flow was $561.5 million. As of Dec 31, 2025 it held $653.2 million in cash and investments and $12.5 million in total debt.
Revenue
$571.00M
+46.3% vs prior year
Net income
$24.77M
+209.2% vs prior year
Operating cash flow
$566.42M
+205.8% vs prior year
Free cash flow
$561.54M
+207.2% vs prior year
EPS
$-1.23
+67.0% vs prior year
Dividend per share
None
Shares outstanding
—
Net cash
$640.67M
FY 2025
Operating margin
—
Company profile
- Industry
- Security Brokers, Dealers & Flotation Companies (SIC 6211)
- Listed as
- BULL (Nasdaq), BULLW (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- St. Petersburg, FL
- SEC filer status
- Non-accelerated filer, Emerging growth company
- SEC CIK
- 1866364
Other Security Brokers, Dealers & Flotation Companies companies
- Morgan Stanley MS
- Goldman Sachs Group Inc GS
- BlackRock, Inc. BLK
- Schwab Charles Corp SCHW
- Interactive Brokers Group, Inc. IBKR
- Robinhood Markets, Inc. HOOD
- Raymond James Financial Inc RJF
- Nomura Holdings Inc NMR
All 34 Security Brokers, Dealers & Flotation Companies companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
|---|---|---|
| Revenue | $571.0M | $390.2M |
| Net income | $24.8M | -$22.7M |
| Diluted EPS | -$1.23 | -$3.73 |
| Operating cash flow | $566.4M | $185.2M |
| Free cash flow | $561.5M | $182.8M |
| Total assets | $3.9B | $2.1B |
| Total liabilities | $2.9B | $1.5B |
| Stockholders' equity | $1.0B | -$2.3B |
| Cash and investments | $653.2M | $270.7M |
| Total debt | $12.5M | $15.4M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 9, 2026 | Oct 9, 2026 |
| 6-K | Current report (foreign issuer) | Oct 1, 2026 | Oct 1, 2026 |
| 6-K | Current report (foreign issuer) | Sep 11, 2026 | Jun 30, 2026 |
| 6-K | Current report (foreign issuer) | Aug 19, 2026 | Aug 19, 2026 |
| 6-K | Current report (foreign issuer) | May 21, 2026 | May 21, 2026 |
| 6-K | Current report (foreign issuer) | Apr 21, 2026 | Apr 21, 2026 |
All 159 Webull Corporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.