Webull (BULLW) Enterprise Value (2023 - 2026)

Webull (BULLW) reported Enterprise Value of -$677.0 million for Q1 2026, down 100.06% on a YoY basis from $1098.2 billion in Q1 2025, and down 1.82% quarter-over-quarter from -$664.9 million in Q4 2025.

Webull (BULLW) Enterprise Value (2023 - 2026) Analysis & Trends

Webull has reported Enterprise Value for 4 years, with the latest figure at -$677.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value fell 100.06% year-over-year to -$677.0 million; the trailing twelve-month figure through Mar 2026 stood at -$677.0 million (down 100.06% YoY), and the FY2025 full-year result was -$664.9 million, down 142.26% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$677.0 million, down from -$664.9 million in the prior quarter.
  • The five-year high for Enterprise Value was $1098.2 billion in Q1 2025, with the low at -$677.0 million in Q1 2026.
  • Historically, Enterprise Value has averaged $156.5 billion across 4 years, with a median of -$391.8 million in 2023.
  • Annual changes were most pronounced in 2024 — Enterprise Value climbed 29.95% — and 2025, when it plunged 142.26%.
  • Webull's Enterprise Value stood at -$391.8 million in 2023, then grew by 29.95% to -$274.4 million in 2024, then sank by 142.26% to -$664.9 million in 2025, then declined by 1.82% to -$677.0 million in 2026.
  • The last three Enterprise Value figures came in at -$677.0 million (Q1 2026), -$664.9 million (Q4 2025), and -$475.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn -17.97 Bn
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -2.55 Bn
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn -11.84 Bn
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn -1.04 Bn
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn -5.74 Bn
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn -5.18 Bn
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn -1.41 Bn
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn -6.89 Bn
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn -3.23 Bn
10 Webull - - - -676.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -676.99 Mn
Dec 31, 2025 -664.86 Mn
Jun 30, 2025 -475.68 Mn
Mar 31, 2025 1,098.24 Bn
Dec 31, 2024 -274.44 Mn
Jun 30, 2024 -335.91 Mn
Dec 31, 2023 -391.79 Mn