Webull (BULL) Enterprise Value (2023 - 2026)

Webull (BULL) posted Enterprise Value of -$677.0 million for Q1 2026, down 1.82% on a QoQ basis from -$664.9 million in Q4 2025, and down 100.06% year-over-year from $1098.2 billion in Q1 2025.

Webull (BULL) Enterprise Value (2023 - 2026) Analysis & Trends

Webull's Enterprise Value history runs 4 years deep, the most recent figure standing at -$677.0 million for Q1 2026.

  • Quarterly Enterprise Value fell 100.06% year-over-year to -$677.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$677.0 million (down 100.06% YoY) and the FY2025 annual result came in at -$664.9 million, down 142.26% from the prior year.
  • Enterprise Value was -$677.0 million for Q1 2026 at Webull, down from -$664.9 million in the prior quarter.
  • Across five years, Enterprise Value topped out at $1098.2 billion in Q1 2025 and bottomed at -$1.2 billion in Q2 2025.
  • A 4-year average of $156.3 billion and a median of -$664.9 million in 2025 frame the typical range for Enterprise Value.
  • Annual changes were most pronounced in 2024 — Enterprise Value rose 29.95% — and 2025, when it tumbled 142.26%.
  • Webull's Enterprise Value stood at -$391.8 million in 2023, then rose by 29.95% to -$274.4 million in 2024, then tumbled by 142.26% to -$664.9 million in 2025, then retreated by 1.82% to -$677.0 million in 2026.
  • Business Quant data shows BULL's Enterprise Value at -$677.0 million in Q1 2026, -$664.9 million in Q4 2025, and -$1.2 billion in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -19.64 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -2.64 Bn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -5.74 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn -1.04 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -11.84 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn -4.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -3.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -2.95 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn -1.41 Bn
10 Webull 4.12 Bn 3.45 Bn - -676.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -676.99 Mn
Dec 31, 2025 -664.86 Mn
Jun 30, 2025 -1.19 Bn
Mar 31, 2025 1,098.24 Bn
Dec 31, 2024 -274.44 Mn
Jun 30, 2024 -757.47 Mn
Dec 31, 2023 -391.79 Mn