Webull (BULL) EBITDA (2024 - 2026)

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

• Quarterly EBITDA 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.
• EBITDA was -$12.8 million for Q1 2026 at Webull, down from $11.9 million in the prior quarter.
• Across five years, EBITDA 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 EBITDA.
• Annual changes were most pronounced in 2025 — EBITDA soared 521.59% — and 2026, when it plunged 165.71%.
• Webull's EBITDA 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 EBITDA at -$12.8 million in Q1 2026, $11.9 million in Q4 2025, and $39.0 million in Q3 2025.