Webull (BULL) EBT Margin (2024 - 2026)

Webull (BULL) posted EBT Margin of 8.01% for Q1 2026, down 262.7% on a QoQ basis from 4.92% in Q4 2025, and down 2462.0% year-over-year from 0.34% in Q1 2025.

Webull (BULL) EBT Margin (2024 - 2026) Analysis & Trends

Webull's EBT Margin history runs 3 years deep, the most recent figure standing at 8.01% for Q1 2026.

  • Quarterly EBT Margin fell 2462.0% year-over-year to 8.01% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.1% (up 187.0% YoY) and the FY2025 annual result came in at 7.92%, up 1100.0% from the prior year.
  • EBT Margin was 8.01% for Q1 2026 at Webull, down from 4.92% in the prior quarter.
  • Across five years, EBT Margin topped out at 24.82% in Q3 2025 and bottomed at 16.26% in Q2 2025.
  • A 3-year average of 0.96% and a median of 8.01% in 2026 frame the typical range for EBT Margin.
  • Annual changes were most pronounced in 2025 — EBT Margin jumped 3396 bps — and 2026, when it slumped 2462 bps.
  • Webull's EBT Margin stood at 0.91% in 2024, then soared by 440 bps to 4.92% in 2025, then plunged by 263 bps to 8.01% in 2026.
  • Business Quant data shows BULL's EBT Margin at 8.01% in Q1 2026, 4.92% in Q4 2025, and 24.82% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 28.74%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -20.00%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 3.76%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 24.44%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 10.99%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 30.00%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -21.33%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 29.04%
10 Webull 4.12 Bn 3.45 Bn - -8.01%

Historic Data

Download Data
DateValue
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 0.91%
Sep 30, 2024 -9.14%
Jun 30, 2024 -11.44%
Mar 31, 2024 -11.06%