Webull (BULL) Receivables (2022 - 2025)
Webull (BULL) reported Receivables of $638.9 million for Q4 2025, up 110.24% on a YoY basis from $303.9 million in Q4 2024, and up 110.24% quarter-over-quarter from $303.9 million in Q4 2024.
Webull (BULL) Receivables (2022 - 2025) Analysis & Trends
Webull has reported Receivables for 4 years, with the latest figure at $638.9 million in Q4 2025.
- For the quarter ending Q4 2025, Receivables rose 110.24% year-over-year to $638.9 million; the trailing twelve-month figure through Dec 2025 stood at $638.9 million (up 110.24% YoY), and the FY2025 full-year result was $638.9 million, up 110.24% from the prior year.
- Receivables for Q4 2025 stood at $638.9 million, up from $303.9 million in the prior quarter.
- The five-year high for Receivables was $638.9 million in Q4 2025, with the low at $15.4 million in Q4 2022.
- Historically, Receivables has averaged $258.2 million across 4 years, with a median of $189.1 million in 2023.
- Annual changes were most pronounced in 2023 — Receivables jumped 383.1% — and 2025, when it jumped 110.24%.
- Webull's Receivables stood at $15.4 million in 2022, then jumped by 383.1% to $74.4 million in 2023, then soared by 308.68% to $303.9 million in 2024, then jumped by 110.24% to $638.9 million in 2025.
- The last three Receivables figures came in at $638.9 million (Q4 2025), $303.9 million (Q4 2024), and $74.4 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 15.91 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 3.90 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 449.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 5.99 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.30 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 3.57 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 2.17 Bn |
| 10 | Webull | 268.60 | -676.99 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 638.94 Mn |
| Dec 31, 2024 | 303.91 Mn |
| Dec 31, 2023 | 74.36 Mn |
| Dec 31, 2022 | 15.39 Mn |