Webull (BULL) Net Income (2024 - 2026)

Webull (BULL) posted Net Income of -$21.7 million for Q1 2026, down 820.96% on a QoQ basis from $3.0 million in Q4 2025, and down 268.0% year-over-year from $12.9 million in Q1 2025.

Webull (BULL) Net Income (2024 - 2026) Analysis & Trends

Webull's Net Income history runs 3 years deep, the most recent figure standing at -$21.7 million for Q1 2026.

  • Quarterly Net Income fell 268.0% year-over-year to -$21.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$10.3 million (up 38.2% YoY) and the FY2025 annual result came in at $38.6 million, up 1333.94% from the prior year.
  • Net Income was -$21.7 million for Q1 2026 at Webull, down from $3.0 million in the prior quarter.
  • Across five years, Net Income topped out at $36.8 million in Q3 2025 and bottomed at -$28.4 million in Q2 2025.
  • A 3-year average of -$4.4 million and a median of -$9.6 million in 2024 frame the typical range for Net Income.
  • Annual changes were most pronounced in 2025 — Net Income soared 484.47% — and 2026, when it plunged 268.0%.
  • Webull's Net Income stood at -$8.4 million in 2024, then jumped by 136.01% to $3.0 million in 2025, then sank by 820.96% to -$21.7 million in 2026.
  • Business Quant data shows BULL's Net Income at -$21.7 million in Q1 2026, $3.0 million in Q4 2025, and $36.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 4.15 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 208.31 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -581.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 302.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 2.11 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 298.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 1.36 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -295.57 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 335.66 Mn
10 Webull 4.12 Bn 3.45 Bn - -21.74 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -21.74 Mn
Dec 31, 2025 3.02 Mn
Sep 30, 2025 36.80 Mn
Jun 30, 2025 -28.38 Mn
Mar 31, 2025 12.94 Mn
Dec 31, 2024 -8.37 Mn
Sep 30, 2024 -9.57 Mn
Jun 30, 2024 -11.68 Mn
Mar 31, 2024 -12.55 Mn