Webull (BULL) Share-based Compensation (2023 - 2025)

Webull (BULL) has reported Share-based Compensation for 3 consecutive years, with $8.4 million the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, Share-based Compensation fell 74.15% year-over-year to $8.4 million; the trailing twelve-month figure through Dec 2025 stood at $8.4 million (down 74.15% YoY), and the FY2025 full-year result was $43.9 million, up 34.63% from the prior year.
• Share-based Compensation slipped to $8.4 million in Q4 2025 per BULL's latest filing, from $33.1 million in the prior quarter.
• Across five years, Share-based Compensation topped out at $33.5 million in Q2 2024 and bottomed at $8.4 million in Q4 2025.
• Historically, Share-based Compensation has averaged $27.7 million across 3 years, with a median of $32.5 million in 2024.
• The sharpest annual moves came in 2024 and 2025: Share-based Compensation advanced 5.36% in 2024, then plunged 74.15% in 2025.
• Over 3 years, Share-based Compensation stood at $30.8 million in 2023, then grew by 5.36% to $32.5 million in 2024, then slumped by 74.15% to $8.4 million in 2025.
• According to Business Quant data, Share-based Compensation over the past three periods registered $8.4 million, $33.1 million, and $32.5 million for Q4 2025, Q2 2025, and Q4 2024 respectively.