Webull (BULL) Shares Outstanding (Diluted) (2022 - 2026)
Webull (BULL) reported Shares Outstanding (Diluted) of 397 million for Q2 2026, up 186.0% from 138.83 million a year earlier and unchanged from the prior quarter.
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Analysis
Webull (BULL) Shares Outstanding (Diluted) (2022 - 2026) Analysis & Trends
Dating back to Q4 2022, Webull's Shares Outstanding (Diluted) record includes 12 quarters.
- Shares Outstanding (Diluted) has increased for three consecutive years, with a three-year compound annual growth rate of 43.4% (FY2022 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 138.83 million in FY2024 (+0.6%), 137.97 million in FY2023 (+2.6%) and 134.49 million in FY2022.
- Year over year, Shares Outstanding (Diluted) has now increased in each of the last seven quarters, with growth averaging 80.1% over the last seven quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding (Diluted) ranged from 0.6% (Q4 2024) to 186.0% (Q2 2026).
- Per Business Quant data, the three quarters before Q2 2026 came in at 397 million (Q1 2026), 397 million (Q4 2025) and 138.83 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | 361.28 Mn |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 566.00 Mn |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | 912.00 Mn |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | 567.75 Mn |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | 450.09 Mn |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | 104.90 Mn |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | 80.03 Mn |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 212.80 Mn |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | 268.64 Mn |
| 10 | Webull | 2.34 Bn | -342.49 Mn | 85.87 Mn | 397.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 397.00 Mn |
| Mar 31, 2026 | 397.00 Mn |
| Dec 31, 2025 | 397.00 Mn |
| Sep 30, 2025 | 138.83 Mn |
| Jun 30, 2025 | 138.83 Mn |
| Mar 31, 2025 | 138.83 Mn |
| Dec 31, 2024 | 138.83 Mn |
| Sep 30, 2024 | 137.97 Mn |
| Jun 30, 2024 | 137.97 Mn |
| Mar 31, 2024 | 137.97 Mn |
| Dec 31, 2023 | 137.97 Mn |
| Dec 31, 2022 | 134.49 Mn |
API Access
Webull Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=BULL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=BULL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();