Webull (BULL) Invested Capital (2023 - 2026)
Webull's (BULL) quarterly Invested Capital came in at $1.1 billion in Q2 2026, up 30.35% on a YoY basis from $852.6 million in Q2 2025, and up 2.59% quarter-over-quarter from $1.1 billion in Q1 2026.
Analysis
Webull (BULL) Invested Capital (2023 - 2026) Analysis & Trends
Webull (BULL) has reported Invested Capital for 4 consecutive years, with $1.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital rose 30.35% year-over-year to $1.1 billion; the trailing twelve-month figure through Jun 2026 stood at $1.1 billion (up 30.35% YoY), and the FY2025 full-year result was $1.1 billion, up 148.24% from the prior year.
- Invested Capital rose to $1.1 billion in Q2 2026 per BULL's latest filing, from $1.1 billion in the prior quarter.
- Across five years, Invested Capital topped out at $1.1 billion in Q2 2026 and bottomed at -$2.3 billion in Q4 2024.
- Historically, Invested Capital has averaged $174.2 million across 4 years, with a median of $1.1 billion in 2026.
- The sharpest annual moves came in 2024 and 2025: Invested Capital fell 27.92% in 2024, then jumped 148.24% in 2025.
- Over 4 years, Invested Capital stood at -$1.8 billion in 2023, then slipped by 27.92% to -$2.3 billion in 2024, then surged by 148.24% to $1.1 billion in 2025, then increased by 2.25% to $1.1 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $1.1 billion, $1.1 billion, and $1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 109.78 Bn | 92.45 Bn | 1.20 Bn | 30.08 Bn |
| 2 | Interactive Brokers | 41.73 Bn | -6.23 Bn | - | 67.67 Bn |
| 3 | LPL Financial Holdings | 28.29 Bn | 25.60 Bn | - | 13.22 Bn |
| 4 | Futu Holdings | 17.07 Bn | -2.58 Bn | 792.50 Mn | 6.99 Bn |
| 5 | UP Fintech Holding | 13.47 Bn | 13.48 Bn | - | 940.01 Mn |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | 7.73 Bn |
| 7 | Webull | 4.28 Bn | 3.58 Bn | - | 1.11 Bn |
| 8 | eToro | 2.71 Bn | 1.75 Bn | 63.50 Mn | - |
| 9 | Solowin Holdings | 423.26 Mn | 404.15 Mn | - | 28.01 Mn |
| 10 | Waton Financial | 131.69 Mn | 107.54 Mn | - | 23.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.11 Bn |
| Mar 31, 2026 | 1.08 Bn |
| Dec 31, 2025 | 1.09 Bn |
| Sep 30, 2025 | 1.10 Bn |
| Jun 30, 2025 | 852.56 Mn |
| Dec 31, 2024 | -2.25 Bn |
| Dec 31, 2023 | -1.76 Bn |