Webull (BULLW) EBT (2024 - 2026)
Webull (BULLW) reported EBT 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) EBT (2024 - 2026) Analysis & Trends
Webull has reported EBT for 3 years, with the latest figure at -$12.8 million in Q1 2026.
- For the quarter ending Q1 2026, EBT 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 $45.2 million, up 475.07% from the prior year.
- EBT for Q1 2026 stood at -$12.8 million, down from $8.1 million in the prior quarter.
- The five-year high for EBT was $39.0 million in Q3 2025, with the low at -$21.4 million in Q2 2025.
- Historically, EBT has averaged $2.3 million across 3 years, with a median of -$9.2 million in 2024.
- Annual changes were most pronounced in 2025 — EBT soared 521.59% — and 2026, when it sank 165.71%.
- Webull's EBT 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 EBT 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) | EBT (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 | - | 176.65 Mn |
| 3 | Salesforce | 158.80 Bn | 146.96 Bn | 8.56 Bn | 2.70 Bn |
| 4 | Shopify | 144.36 Bn | 138.62 Bn | 1.55 Bn | -634.00 Mn |
| 5 | Uber Technologies | 144.25 Bn | 143.21 Bn | 11.88 Bn | 496.00 Mn |
| 6 | ServiceNow | 118.74 Bn | 113.56 Bn | 2.83 Bn | 673.00 Mn |
| 7 | Cadence Design Systems | 107.33 Bn | 105.92 Bn | 1.26 Bn | 428.10 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 | 1.78 Bn |
| 10 | Webull | - | - | - | -12.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |