Webull (BULL) EBIT (2024 - 2026)

Webull (BULL) posted EBIT of -$12.8 million for Q1 2026, down 207.88% on a QoQ basis from $11.9 million in Q4 2025, and down 165.71% year-over-year from $19.5 million in Q1 2025.

Webull (BULL) EBIT (2024 - 2026) Analysis & Trends

Webull's EBIT history runs 3 years deep, the most recent figure standing at -$12.8 million for Q1 2026.

  • Quarterly EBIT fell 165.71% year-over-year to -$12.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $16.6 million (down 94.55% YoY) and the FY2025 annual result came in at $58.5 million, up 507.39% from the prior year.
  • EBIT was -$12.8 million for Q1 2026 at Webull, down from $11.9 million in the prior quarter.
  • Across five years, EBIT topped out at $305.1 million in Q4 2024 and bottomed at -$21.4 million in Q2 2025.
  • A 3-year average of $34.6 million and a median of -$9.2 million in 2024 frame the typical range for EBIT.
  • Annual changes were most pronounced in 2025 — EBIT soared 521.59% — and 2026, when it plunged 165.71%.
  • Webull's EBIT stood at $305.1 million in 2024, then plunged by 96.11% to $11.9 million in 2025, then slumped by 207.88% to -$12.8 million in 2026.
  • Business Quant data shows BULL's EBIT at -$12.8 million in Q1 2026, $11.9 million in Q4 2025, and $39.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 3.21 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 145.23 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 382.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.92 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 2.35 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 162.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -1.37 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -326.15 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 431.33 Mn
10 Webull 4.12 Bn 3.45 Bn - -12.81 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -12.81 Mn
Dec 31, 2025 11.87 Mn
Sep 30, 2025 38.95 Mn
Jun 30, 2025 -21.39 Mn
Mar 31, 2025 19.50 Mn
Dec 31, 2024 305.08 Mn
Sep 30, 2024 -9.24 Mn
Jun 30, 2024 -10.28 Mn
Mar 31, 2024 -9.84 Mn