Webull (BULL) Net Margin (2024 - 2026)
Webull's (BULL) quarterly Net Margin came in at 12.25% in Q2 2026, up 40685.0% on a YoY basis from N/an in Q2 2025, and up 190.22% quarter-over-quarter from 13.58% in Q1 2026.
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Webull (BULL) Net Margin (2024 - 2026) Analysis & Trends
Webull (BULL) has reported Net Margin for 3 consecutive years, with 12.25% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 40685.0% year-over-year to 12.25%; the trailing twelve-month figure through Jun 2026 stood at 6.26% (down 1059.0% YoY), and the FY2025 full-year result was 85.38%, up 4800.0% from the prior year.
- Net Margin climbed to 12.25% in Q2 2026 per BULL's latest filing, from 13.58% in the prior quarter.
- Across five years, Net Margin topped out at 629.27% in Q3 2024 and bottomed at 1237.0% in Q1 2024.
- Historically, Net Margin has averaged 98.89% across 3 years, with a median of 2.75% in 2025.
- The widest YoY moves for Net Margin: up 122966 bps in 2025, down 60574 bps in 2025.
- Over 3 years, Net Margin stood at 28.49% in 2024, then surged by 106 bps to 1.84% in 2025, then soared by 566 bps to 12.25% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 12.25%, 13.58%, and 1.84% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 109.78 Bn | 92.45 Bn | 1.20 Bn | 42.89% |
| 2 | Interactive Brokers | 41.73 Bn | -6.23 Bn | - | 16.46% |
| 3 | LPL Financial Holdings | 28.29 Bn | 25.60 Bn | - | 7.31% |
| 4 | Futu Holdings | 17.07 Bn | -2.58 Bn | 792.50 Mn | 50.70% |
| 5 | UP Fintech Holding | 13.47 Bn | 13.48 Bn | - | 21.59% |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | -0.12% |
| 7 | Webull | 4.28 Bn | 3.58 Bn | - | 12.25% |
| 8 | eToro | 2.71 Bn | 1.75 Bn | 63.50 Mn | 0.12% |
| 9 | Solowin Holdings | 423.26 Mn | 404.15 Mn | - | - |
| 10 | Waton Financial | 131.69 Mn | 107.54 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.25% |
| 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% |