Webull (BULL) Accumulated Expenses (2023 - 2025)
Webull (BULL) reported Accumulated Expenses of $32.1 million for Q4 2025, up 35.11% on a YoY basis from $23.8 million in Q4 2024, and up 35.11% quarter-over-quarter from $23.8 million in Q4 2024.
Webull (BULL) Accumulated Expenses (2023 - 2025) Analysis & Trends
Webull has reported Accumulated Expenses for 3 years, with the latest figure at $32.1 million in Q4 2025.
- For the quarter ending Q4 2025, Accumulated Expenses rose 35.11% year-over-year to $32.1 million; the trailing twelve-month figure through Dec 2025 stood at $32.1 million (up 35.11% YoY), and the FY2025 full-year result was $32.1 million, up 35.11% from the prior year.
- Accumulated Expenses for Q4 2025 stood at $32.1 million, up from $23.8 million in the prior quarter.
- The five-year high for Accumulated Expenses was $32.1 million in Q4 2025, with the low at $1.1 million in Q4 2023.
- Historically, Accumulated Expenses has averaged $19.0 million across 3 years, with a median of $23.8 million in 2024.
- Annual changes were most pronounced in 2024 — Accumulated Expenses jumped 2071.71% — and 2025, when it surged 35.11%.
- Webull's Accumulated Expenses stood at $1.1 million in 2023, then jumped by 2071.71% to $23.8 million in 2024, then jumped by 35.11% to $32.1 million in 2025.
- The last three Accumulated Expenses figures came in at $32.1 million (Q4 2025), $23.8 million (Q4 2024), and $1.1 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | Webull | 268.60 | -676.99 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 32.13 Mn |
| Dec 31, 2024 | 23.78 Mn |
| Dec 31, 2023 | 1.10 Mn |