Webull (BULL) EBT (2024 - 2026)
Webull (BULL) posted EBT of -$12.8 million for Q1 2026, down 257.51% on a QoQ basis from $8.1 million in Q4 2025, and down 165.71% year-over-year from $19.5 million in Q1 2025.
Webull (BULL) EBT (2024 - 2026) Analysis & Trends
Webull's EBT history runs 3 years deep, the most recent figure standing at -$12.8 million for Q1 2026.
- Quarterly EBT fell 165.71% year-over-year to -$12.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.9 million (up 1214.77% YoY) and the FY2025 annual result came in at $45.2 million, up 475.07% from the prior year.
- EBT was -$12.8 million for Q1 2026 at Webull, down from $8.1 million in the prior quarter.
- Across five years, EBT topped out at $39.0 million in Q3 2025 and bottomed at -$21.4 million in Q2 2025.
- A 3-year average of $448253.9 and a median of -$9.2 million in 2024 frame the typical range for EBT.
- Annual changes were most pronounced in 2025 — EBT jumped 708.81% — and 2026, when it plunged 165.71%.
- Webull's EBT stood at $1.0 million in 2024, then surged by 708.81% to $8.1 million in 2025, then plunged by 257.51% to -$12.8 million in 2026.
- Business Quant data shows BULL's EBT at -$12.8 million in Q1 2026, $8.1 million in Q4 2025, and $39.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (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 | - | 176.65 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -634.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 496.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 2.72 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 438.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 1.78 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -296.66 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 428.10 Mn |
| 10 | Webull | 4.12 Bn | 3.45 Bn | - | -12.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.81 Mn |
| Dec 31, 2025 | 8.13 Mn |
| Sep 30, 2025 | 38.95 Mn |
| Jun 30, 2025 | -21.39 Mn |
| Mar 31, 2025 | 19.50 Mn |
| Dec 31, 2024 | 1.01 Mn |
| Sep 30, 2024 | -9.24 Mn |
| Jun 30, 2024 | -10.28 Mn |
| Mar 31, 2024 | -9.84 Mn |