Webull (BULLW) EBIT (2024 - 2026)

Webull (BULLW) reported EBIT of -$12.8 million for Q1 2026, down 165.71% on a YoY basis from $19.5 million in Q1 2025, and down 257.51% quarter-over-quarter from $8.1 million in Q4 2025.

Webull (BULLW) EBIT (2024 - 2026) Analysis & Trends

Webull has reported EBIT for 3 years, with the latest figure at -$12.8 million in Q1 2026.

  • For the quarter ending Q1 2026, EBIT fell 165.71% year-over-year to -$12.8 million; the trailing twelve-month figure through Mar 2026 stood at $12.9 million (down 25.42% YoY), and the FY2025 full-year result was $58.5 million, up 507.39% from the prior year.
  • EBIT for Q1 2026 stood at -$12.8 million, down from $8.1 million in the prior quarter.
  • The five-year high for EBIT was $39.0 million in Q3 2025, with the low at -$21.4 million in Q2 2025.
  • Historically, EBIT has averaged $2.3 million across 3 years, with a median of -$9.2 million in 2024.
  • Annual changes were most pronounced in 2025 — EBIT soared 521.59% — and 2026, when it sank 165.71%.
  • Webull's EBIT stood at $17.3 million in 2024, then slumped by 53.01% to $8.1 million in 2025, then slumped by 257.51% to -$12.8 million in 2026.
  • The last three EBIT figures came in at -$12.8 million (Q1 2026), $8.1 million (Q4 2025), and $39.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Sap Se 262.33 Bn 244.36 Bn 8.16 Bn 3.21 Bn
2 Full Truck Alliance 173.49 Bn 170.93 Bn - 145.23 Mn
3 Salesforce 158.80 Bn 146.96 Bn 8.56 Bn 2.35 Bn
4 Shopify 144.36 Bn 138.62 Bn 1.55 Bn 382.00 Mn
5 Uber Technologies 144.25 Bn 143.21 Bn 11.88 Bn 1.92 Bn
6 ServiceNow 118.74 Bn 113.56 Bn 2.83 Bn 503.00 Mn
7 Cadence Design Systems 107.33 Bn 105.92 Bn 1.26 Bn 431.33 Mn
8 Adobe 100.50 Bn 93.61 Bn 5.73 Bn 2.42 Bn
9 Automatic Data Processing 92.49 Bn 89.26 Bn 2.87 Bn -1.37 Bn
10 Webull - - - -12.81 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -12.81 Mn
Dec 31, 2025 8.13 Mn
Sep 30, 2025 38.95 Mn
Jun 30, 2025 -21.39 Mn
Mar 31, 2025 19.50 Mn
Dec 31, 2024 17.31 Mn
Sep 30, 2024 -9.24 Mn
Jun 30, 2024 -10.28 Mn
Mar 31, 2024 -9.84 Mn