Webull (BULL) EBT Margin (2024 - 2026)
Webull (BULL) recorded EBT Margin of 17.45% in Q2 2026, up 33.71 percentage points from -16.26% a year earlier and up 25.46 percentage points from the prior quarter.
Webull (BULL) EBT Margin (2024 - 2026) Analysis & Trends
On a TTM basis, Webull's EBT Margin came in at 10.13% as of Jun 30, 2026, up 8.79 percentage points year-over-year; for FY2025, it came in at 7.92%, up 11.00 percentage points from FY2024.
- Annual EBT Margin has a three-year change of -9.00 percentage points (FY2022 to FY2025).
- Across earlier years, EBT Margin came in at -3.09% in FY2024 (-8.27 pp), 5.18% in FY2023 (-11.74 pp) and 16.91% in FY2022.
- Quarterly EBT Margin has ranged from -16.26% in Q2 2025 to 24.82% in Q3 2025 over the past five years.
- On a year-over-year basis, EBT Margin rose in three of the last six quarters, with an average year-over-year change of +9.19 percentage points.
- Per Business Quant, the preceding three quarters came in at -8.01% (Q1 2026), 4.92% (Q4 2025) and 24.82% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 54.20% |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 40.00% |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 77.82% |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 35.64% |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 25.79% |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | 34.31% |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 76.79% |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 78.90% |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 34.29% |
| 10 | Webull | 3.69 Bn | 1.00 Bn | 85.87 Mn | 17.45% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.45% |
| Mar 31, 2026 | -8.01% |
| Dec 31, 2025 | 4.92% |
| Sep 30, 2025 | 24.82% |
| Jun 30, 2025 | -16.26% |
| Mar 31, 2025 | 16.61% |
| Dec 31, 2024 | 15.70% |
| Sep 30, 2024 | -9.14% |
| Jun 30, 2024 | -11.44% |
| Mar 31, 2024 | -11.06% |
Webull EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=BULL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "BULL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=BULL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();