Webull (BULL) Receivables - Net (2022 - 2025)
Webull (BULL) reported Receivables - Net of $568.5 million for Q4 2025, up 113.84% on a YoY basis from $265.9 million in Q4 2024, and up 113.84% quarter-over-quarter from $265.9 million in Q4 2024.
Webull (BULL) Receivables - Net (2022 - 2025) Analysis & Trends
Webull has reported Receivables - Net for 4 years, with the latest figure at $568.5 million in Q4 2025.
- For the quarter ending Q4 2025, Receivables - Net rose 113.84% year-over-year to $568.5 million; the trailing twelve-month figure through Dec 2025 stood at $568.5 million (up 113.84% YoY), and the FY2025 full-year result was $568.5 million, up 113.84% from the prior year.
- Receivables - Net for Q4 2025 stood at $568.5 million, up from $265.9 million in the prior quarter.
- The five-year high for Receivables - Net was $568.5 million in Q4 2025, with the low at $15.2 million in Q4 2022.
- Historically, Receivables - Net has averaged $227.8 million across 4 years, with a median of $163.6 million in 2023.
- Annual changes were most pronounced in 2024 — Receivables - Net surged 332.93% — and 2025, when it soared 113.84%.
- Webull's Receivables - Net stood at $15.2 million in 2022, then surged by 303.87% to $61.4 million in 2023, then surged by 332.93% to $265.9 million in 2024, then soared by 113.84% to $568.5 million in 2025.
- The last three Receivables - Net figures came in at $568.5 million (Q4 2025), $265.9 million (Q4 2024), and $61.4 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | Webull | 268.60 | -676.99 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 568.53 Mn |
| Dec 31, 2025 | 568.53 Mn |
| Dec 31, 2024 | 265.86 Mn |
| Dec 31, 2024 | 265.86 Mn |
| Dec 31, 2023 | 61.41 Mn |
| Dec 31, 2023 | 61.41 Mn |
| Dec 31, 2022 | 15.21 Mn |
| Dec 31, 2022 | 15.21 Mn |