BULLNasdaqSecurity Brokers, Dealers & Flotation CompaniesFiscal year ends December 31Also trades as BULLW
Webull Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 20-F on Apr 9, 2026
$5.90−0.17 (-2.80%)
Close on Oct 19, 2026
- Market cap
- $3.20B
- P/E (TTM)
- –
- Dividend yield
- –
Webull Corp revenue by segment
By business segment
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | % of revenue | YoY |
|---|---|---|---|---|---|---|
| Equity and option order flow rebates | $304.13M | $197.07M | $192.23M | $278.98M | 53.3% | +54.3% |
| Equity and Option Order Flow Income [Member] | $304.13M | $197.07M | $192.23M | $278.98M | 53.3% | +54.3% |
| Option order flow rebates [Member] | $209.96M | $135.63M | $141.01M | $191.78M | 36.8% | +54.8% |
| Interest Related Income [Member] | $154.26M | $130.45M | $155.79M | $91.88M | 27.0% | +18.2% |
| Interest and Other Related Income [Member] | $154.26M | $130.45M | $155.79M | $91.88M | 27.0% | +18.2% |
| Equity order flow rebates [Member] | $94.16M | $61.44M | $51.22M | $87.20M | 16.5% | +53.3% |
| Handling Charge Income [Member] | $87.29M | $49.04M | $30.68M | $8.50M | 15.3% | +78.0% |
| Customer bank deposits [Member] | $71.56M | $61.48M | $61.68M | $19.08M | 12.5% | +16.4% |
| Platform and trading fees [Member] | $59.72M | $20.66M | $2.45M | $652.58K | 10.5% | +189.0% |
| Margin financing [Member] | $39.20M | $29.96M | $23.23M | $22.16M | 6.9% | +30.8% |
| Stock lending [Member] | $28.53M | $26.09M | $56.05M | $46.31M | 5.0% | +9.4% |
| Options [Member] | $27.58M | $28.38M | $28.23M | $7.85M | 4.8% | -2.8% |
| Other revenues | $25.32M | $13.66M | $10.90M | $8.97M | 4.4% | +85.3% |
| Other Revenue [Member] | $25.32M | $13.66M | $10.90M | – | 4.4% | +85.3% |
| Corporate bank deposits [Member] | $14.96M | $12.92M | $14.83M | $4.33M | 2.6% | +15.8% |
| Data subscription income [Member] | $8.04M | $7.24M | $6.76M | $6.02M | 1.4% | +11.1% |
| Non-trading rebates [Member] | $5.56M | – | – | – | 1.0% | – |
| Foreign exchange fee [Member] | $3.82M | $1.28M | $21.79K | – | 0.7% | +199.3% |
| Proxy income [Member] | $3.42M | $2.62M | $681.31K | – | 0.6% | +30.5% |
| Syndicate fees [Member] | $2.11M | $968.40K | $954.80K | $1.05M | 0.4% | +117.5% |
| Lease income [Member] | $1.20M | $1.14M | $1.10M | $127.77K | 0.2% | +5.9% |
| Other [Member] | $1.18M | $200.36K | $896.58K | $403.58K | 0.2% | +489.2% |
| Co-marketing income [Member] | – | $225.05K | $487.01K | $1.37M | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | % of revenue | YoY |
|---|---|---|---|---|---|---|
| United States | $516.47M | $355.02M | $363.75M | $375.65M | 90.4% | +45.5% |
| Singapore | $13.16M | $10.92M | $5.59M | $1.63M | 2.3% | +20.4% |
| Other [Member] | $11.34M | $3.06M | $365.69K | $299.38K | 2.0% | +270.2% |
| Canada | $8.30M | $1.61M | – | – | 1.5% | +417.3% |
| Hong Kong SAR China | $6.77M | $6.69M | $5.07M | $6.43M | 1.2% | +1.2% |
From the segment and revenue-disaggregation notes of Webull's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.