Webull (BULLW) EBITDA (2024 - 2026)

Webull has reported EBITDA for 3 years, with the latest figure at -$16.1 million in Q1 2026.

• For the quarter ending Q1 2026, EBITDA fell 209.39% year-over-year to -$16.1 million; the trailing twelve-month figure through Mar 2026 stood at -$480.2 million (down 3711.88% YoY), and the FY2025 full-year result was $41.1 million, up 229.88% from the prior year.
• EBITDA for Q1 2026 stood at -$16.1 million, down from $10.2 million in the prior quarter.
• The five-year high for EBITDA was $35.3 million in Q3 2025, with the low at -$509.7 million in Q2 2025.
• Historically, EBITDA has averaged -$56.5 million across 3 years, with a median of -$4.3 million in 2024.
• The largest YoY upside for EBITDA was 916.62% in 2025 against a maximum downside of 2028.67% in 2025.
• Webull's EBITDA stood at $1.0 million in 2024, then soared by 916.62% to $10.2 million in 2025, then tumbled by 257.09% to -$16.1 million in 2026.
• The last three EBITDA figures came in at -$16.1 million (Q1 2026), $10.2 million (Q4 2025), and $35.3 million (Q3 2025), per Business Quant data.