Webull (BULL) Net Margin (2024 - 2026)

Webull (BULL) reported Net Margin of 13.58% for Q1 2026, down 624.0% on a YoY basis from 2.59% in Q1 2025, and down 837.79% quarter-over-quarter from 1.84% in Q4 2025.

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

Webull has reported Net Margin for 3 years, with the latest figure at 13.58% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 624.0% year-over-year to 13.58%; the trailing twelve-month figure through Mar 2026 stood at 87.54% (down 7534.0% YoY), and the FY2025 full-year result was 85.38%, up 4731.0% from the prior year.
  • Net Margin for Q1 2026 stood at 13.58%, down from 1.84% in the prior quarter.
  • The five-year high for Net Margin was 1237.0% in Q1 2024, with the low at 13.58% in Q1 2026.
  • Historically, Net Margin has averaged 257.67% across 3 years, with a median of 25.22% in 2024.
  • The largest YoY upside for Net Margin was 36937 bps in 2025 against a maximum downside of 124435 bps in 2025.
  • Webull's Net Margin stood at 28.49% in 2024, then sank by 94 bps to 1.84% in 2025, then sank by 838 bps to 13.58% in 2026.
  • The last three Net Margin figures came in at 13.58% (Q1 2026), 1.84% (Q4 2025), and 23.52% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 20.22%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 2.29%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -18.33%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 18.74%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 22.77%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 12.44%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 22.90%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 25.87%
10 Webull 268.60 -676.99 Mn - -13.58%

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.58%
Dec 31, 2025 1.84%
Sep 30, 2025 23.52%
Jun 30, 2025 394.59%
Mar 31, 2025 -7.34%
Dec 31, 2024 28.49%
Sep 30, 2024 629.27%
Jun 30, 2024 25.22%
Mar 31, 2024 1,237.00%