Webull (BULL) EBITDA Margin (2024 - 2026)
Webull's (BULL) quarterly EBITDA Margin came in at 8.01% in Q1 2026, down 2462.0% YoY from 0.34% in Q1 2025, and down 122.53% on a QoQ basis from 35.55% in Q4 2025.
Webull (BULL) EBITDA Margin (2024 - 2026) Analysis & Trends
Webull (BULL) has 3 years of EBITDA Margin data on file, last reported at 8.01% in Q1 2026.
- Quarterly EBITDA Margin fell 2462.0% year-over-year to 8.01% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 74.05% (down 2809.0% YoY) and the FY2025 annual result came in at 10.24%, up 1392.0% from the prior year.
- EBITDA Margin slipped to 8.01% in Q1 2026, from 35.55% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 406.5% in Q2 2024 to a low of 11.06% in Q1 2024.
- A 3-year average of 87.04% and a median of 24.82% in 2025 frame the typical range for EBITDA Margin.
- The widest YoY moves for EBITDA Margin: up 3396 bps in 2025, down 12553 bps in 2025.
- Tracing BULL's EBITDA Margin over 3 years: stood at 47.1% in 2024, then fell by 25 bps to 35.55% in 2025, then plunged by 123 bps to 8.01% in 2026.
- The last three EBITDA Margin figures came in at 8.01% (Q1 2026), 35.55% (Q4 2025), and 24.82% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 27.70% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 13.62% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 21.08% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.32% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 4.06% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -23.45% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -33.33% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 33.82% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 46.97% |
| 10 | Webull | 4.23 Bn | 3.55 Bn | - | -8.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.01% |
| Dec 31, 2025 | 35.55% |
| Sep 30, 2025 | 24.82% |
| Jun 30, 2025 | 280.97% |
| Mar 31, 2025 | 16.61% |
| Dec 31, 2024 | 47.10% |
| Sep 30, 2024 | -9.14% |
| Jun 30, 2024 | 406.50% |
| Mar 31, 2024 | -11.06% |