Webull (BULL) Net Margin (2024 - 2026)
Webull (BULL) posted Net Margin of 13.58% for Q1 2026, down 837.79% on a QoQ basis from 1.84% in Q4 2025, and down 624.0% year-over-year from 2.59% in Q1 2025.
Webull (BULL) Net Margin (2024 - 2026) Analysis & Trends
Webull's Net Margin history runs 3 years deep, the most recent figure standing at 13.58% for Q1 2026.
- Quarterly Net Margin fell 624.0% year-over-year to 13.58% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 87.54% (down 5969.0% YoY) and the FY2025 annual result came in at 85.38%, up 4731.0% from the prior year.
- Net Margin was 13.58% for Q1 2026 at Webull, down from 1.84% 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.
- A 3-year average of 23.82% and a median of 1.84% in 2025 frame the typical range for Net Margin.
- Peak annual rise in Net Margin reached 122966 bps in 2025, while the deepest fall reached 60574 bps in 2025.
- Webull's Net Margin stood at 30.93% in 2024, then jumped by 106 bps to 1.84% in 2025, then tumbled by 838 bps to 13.58% in 2026.
- Business Quant data shows BULL's Net Margin at 13.58% in Q1 2026, 1.84% in Q4 2025, and 23.52% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -18.33% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 18.93% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 22.90% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.25% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 22.77% |
| 10 | Webull | 4.12 Bn | 3.45 Bn | - | -13.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -30.93% |
| Sep 30, 2024 | 629.27% |
| Jun 30, 2024 | 25.22% |
| Mar 31, 2024 | -1,237.00% |