Webull (BULLW) Accumulated Expenses (2023 - 2025)

Webull has reported Accumulated Expenses for 3 years, with the latest figure at $32.1 million in Q4 2025.

• For the quarter ending Q4 2025, Accumulated Expenses rose 35.11% year-over-year to $32.1 million; the trailing twelve-month figure through Dec 2025 stood at $32.1 million (up 35.11% YoY), and the FY2025 full-year result was $32.1 million, up 35.11% from the prior year.
• Accumulated Expenses for Q4 2025 stood at $32.1 million, up from $23.8 million in the prior quarter.
• The five-year high for Accumulated Expenses was $32.1 million in Q4 2025, with the low at $1.1 million in Q4 2023.
• Historically, Accumulated Expenses has averaged $19.0 million across 3 years, with a median of $23.8 million in 2024.
• Annual changes were most pronounced in 2024 — Accumulated Expenses jumped 2071.71% — and 2025, when it surged 35.11%.
• Webull's Accumulated Expenses stood at $1.1 million in 2023, then jumped by 2071.71% to $23.8 million in 2024, then jumped by 35.11% to $32.1 million in 2025.
• The last three Accumulated Expenses figures came in at $32.1 million (Q4 2025), $23.8 million (Q4 2024), and $1.1 million (Q4 2023), per Business Quant data.