Webull (BULL) Net Margin (2024 - 2026)
Webull (BULL) posted Net Margin of 12.25% for Q2 2026, up 0.75 percentage points from 11.51% a year earlier and up 25.84 percentage points from the prior quarter.
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Analysis
Webull (BULL) Net Margin (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Webull was 6.04%, up 135.54 percentage points year-over-year; for FY2025, it came in at 8.14%, down 112.92 percentage points from FY2024.
- Annual Net Margin shows a three-year change of +9.40 percentage points (FY2022 to FY2025).
- In prior years, Webull's Net Margin was 121.06% in FY2024 (+32.21 pp), 88.85% in FY2023 (+90.10 pp) and -1.26% in FY2022.
- Quarterly Net Margin has run from a low of -647.95% in Q3 2024 to a high of 1209.05% in Q1 2024 over five years.
- On a year-over-year basis, Net Margin increased in three of the last six quarters, with an average year-over-year change of -97.56 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was -13.58% (Q1 2026), 1.83% (Q4 2025) and 22.60% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.59 Bn | 97.93 Bn | - | 59.68% |
| 2 | Bank of New York Mellon | 100.46 Bn | 34.08 Bn | - | 28.31% |
| 3 | Intercontinental Exchange | 97.18 Bn | 90.07 Bn | - | 25.90% |
| 4 | Robinhood Markets | 72.63 Bn | 52.17 Bn | - | 32.87% |
| 5 | Nasdaq | 59.89 Bn | 57.32 Bn | 1.48 Bn | 22.57% |
| 6 | State Street | 45.42 Bn | 45.42 Bn | - | 25.72% |
| 7 | Cboe Global Markets | 36.91 Bn | 27.39 Bn | 712.20 Mn | 31.40% |
| 8 | Interactive Brokers | 34.30 Bn | 10.61 Bn | - | 16.41% |
| 9 | Northern Trust | 31.46 Bn | 31.46 Bn | - | 45.64% |
| 10 | Webull | 1.95 Bn | -735.52 Mn | 85.87 Mn | 12.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.25% |
| Mar 31, 2026 | -13.58% |
| Dec 31, 2025 | -24.45% |
| Sep 30, 2025 | 51.18% |
| Jun 30, 2025 | -394.59% |
| Mar 31, 2025 | -7.34% |
| Dec 31, 2024 | 47.89% |
| Sep 30, 2024 | -647.95% |
| Jun 30, 2024 | -25.22% |
| Mar 31, 2024 | 1,209.05% |
API Access
Webull Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=BULL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "BULL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=BULL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();