Webull (BULL) Payables (2023 - 2026)
Webull's (BULL) quarterly Payables came in at $97.6 million in Q2 2026, up 74.31% on a YoY basis from $56.0 million in Q2 2025, and up 0.51% quarter-over-quarter from $97.1 million in Q1 2026.
Analysis
Webull (BULL) Payables (2023 - 2026) Analysis & Trends
Webull (BULL) has reported Payables for 4 consecutive years, with $97.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payables rose 74.31% year-over-year to $97.6 million; the trailing twelve-month figure through Jun 2026 stood at $97.6 million (up 74.31% YoY), and the FY2025 full-year result was $102.2 million, up 67.29% from the prior year.
- Payables rose to $97.6 million in Q2 2026 per BULL's latest filing, from $97.1 million in the prior quarter.
- Across five years, Payables topped out at $102.2 million in Q4 2025 and bottomed at $49.7 million in Q4 2023.
- Historically, Payables has averaged $75.7 million across 4 years, with a median of $73.2 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Payables grew 23.02% in 2024, then soared 74.31% in 2026.
- Over 4 years, Payables stood at $49.7 million in 2023, then increased by 23.02% to $61.1 million in 2024, then surged by 67.29% to $102.2 million in 2025, then retreated by 4.48% to $97.6 million in 2026.
- According to Business Quant data, Payables over the past three periods registered $97.6 million, $97.1 million, and $102.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 109.78 Bn | 92.45 Bn | 1.20 Bn | 646.00 Mn |
| 2 | Interactive Brokers | 41.73 Bn | -6.23 Bn | - | 832.00 Mn |
| 3 | LPL Financial Holdings | 28.29 Bn | 25.60 Bn | - | 812.16 Mn |
| 4 | Futu Holdings | 17.07 Bn | -2.58 Bn | 792.50 Mn | 670.04 Mn |
| 5 | UP Fintech Holding | 13.47 Bn | 13.48 Bn | - | 2.36 Bn |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | 159.64 Mn |
| 7 | Webull | 4.28 Bn | 3.58 Bn | - | 97.61 Mn |
| 8 | eToro | 2.71 Bn | 1.75 Bn | 63.50 Mn | 3.04 Mn |
| 9 | Solowin Holdings | 423.26 Mn | 404.15 Mn | - | 2.84 Mn |
| 10 | Waton Financial | 131.69 Mn | 107.54 Mn | - | 12.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.61 Mn |
| Mar 31, 2026 | 97.11 Mn |
| Dec 31, 2025 | 102.18 Mn |
| Sep 30, 2025 | 85.38 Mn |
| Jun 30, 2025 | 56.00 Mn |
| Mar 31, 2025 | 56.83 Mn |
| Dec 31, 2024 | 61.08 Mn |
| Dec 31, 2023 | 49.65 Mn |