Webull Corporation income statement BULLW
In fiscal 2025, which ended Dec 31, 2025, Webull Corporation reported revenue of $571.0 million, up 46.3% from the year before. Net income was $24.8 million, a profit margin of 4.3%. Diluted earnings per share were -$1.23.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
|---|---|---|
| Revenue |
571
+46.3%
|
390
|
| Research and development |
36
|
—
|
| Selling, general and administrative |
169
+37.4%
|
123
|
| Pretax income |
45
+475.1%
|
-12
|
| Income tax |
21
+50.7%
|
14
|
| Net income |
25
+209.2%
|
-23
|
| Net income to common |
-488
+5.8%
|
-518
|
| Basic EPS |
-1.23
+67.0%
|
-3.73
|
| Diluted EPS |
-1.23
+67.0%
|
-3.73
|
| Weighted average shares, basic |
397
+186.0%
|
139
|
| Weighted average shares, diluted |
397
+186.0%
|
139
|
| Other measures | ||
| Depreciation and amortization |
3
-8.7%
|
4
|
| Margins | ||
| Pretax margin |
7.92%
|
-3.09%
|
| Profit margin |
4.34%
|
-5.82%
|
| Effective tax rate |
46.09%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
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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
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.