BULL
Webull Corporation Class A Ordinary Shares
NASDAQ · Technology · Software - Application · US
$9.76
−2.45%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 680.9M | 571.0M | 390.2M | 389.6M | 388.3M |
| Cost of Revenue | 153.4M | 128.7M | 79.3M | 66.4M | 59.8M |
| Gross Profit | 527.4M | 442.2M | 310.9M | 323.2M | 328.6M |
| Operating Expenses | |||||
| R&D Expense | 67.0M | 79.2M | 63.8M | 52.2M | 46.8M |
| SG&A Expense | 263.5M | 301.4M | 254.8M | 243.4M | 209.7M |
| General & Admin Expense | 141.6M | 175.5M | 122.6M | 96.0M | 77.0M |
| Selling & Marketing Expense | 122.0M | 125.8M | 132.2M | 147.4M | 132.8M |
| Other Expenses | 112.3M | 3.2M | 6.7M | 4.7M | 3.5M |
| Total Operating Expenses | 442.8M | 383.8M | 325.3M | 300.2M | 260.0M |
| Cost and Expenses | 596.2M | 512.5M | 404.6M | 366.6M | 319.8M |
| Operating Income (EBIT) | 84.7M | 58.5M | (14.4M) | 23.0M | 68.6M |
| Non-Operating | |||||
| Interest Income | 126.3M | 154.3M | — | — | 1.4M |
| Interest Expense | — | 5.5M | 122.8K | — | — |
| Net Interest Income | 126.3M | 148.8M | (122.8K) | — | 1.4M |
| Other Non-Op Income/Expense | (15.7M) | (13.3M) | 2.3M | (2.8M) | (2.9M) |
| Non-Operating Income (excl Interest) | 15.7M | 7.8M | (2.4M) | 2.8M | 2.9M |
| EBT (Pre-Tax Income) | 69.0M | 45.2M | (12.1M) | 20.2M | 65.7M |
| Income Tax Expense | 26.5M | 20.8M | 13.8M | 16.1M | 32.2M |
| Bottom Line | |||||
| Net Income | 42.6M | 24.8M | (22.7M) | 6.1M | 50.1M |
| Earnings from Cont. Ops | 42.4M | 24.4M | (25.9M) | 4.0M | 33.5M |
| Earnings from Discont. Ops | — | — | 2.7M | 1.8M | 16.6M |
| Bottom Line Net Income | 42.6M | 24.8M | (517.8M) | (334.0M) | (1.3M) |
| Per Share | |||||
| Basic EPS | $0.09 | $0.06 | ($1.13) | ($0.73) | ($0.00) |
| Diluted EPS | $0.08 | $0.06 | ($1.13) | ($0.73) | ($0.00) |
| Revenue Per Share | $1.28 | $1.44 | $0.85 | $0.85 | $0.85 |
| Shares | |||||
| Basic Shares Outstanding | 530.6M | 397.0M | 459.4M | 459.4M | 459.4M |
| Diluted Shares Outstanding | 542.6M | 397.0M | 459.4M | 459.4M | 459.4M |
| Profitability Metrics | |||||
| EBITDA | 69.0M | 53.9M | (5.3M) | 24.9M | 69.2M |
| D&A | — | 3.2M | 6.7M | 4.7M | 3.5M |
| EBIT | 69.0M | 50.7M | (11.9M) | 20.2M | 65.7M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026