Webull (BULLW) Intangibles (2023 - 2026)

Webull (BULLW) reported Intangibles of $54.9 million for Q1 2026, down 100.0% on a YoY basis from $19937.3 billion in Q1 2025, and down 0.94% quarter-over-quarter from $55.4 million in Q4 2025.

Webull (BULLW) Intangibles (2023 - 2026) Analysis & Trends

Webull has reported Intangibles for 4 years, with the latest figure at $54.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Intangibles fell 100.0% year-over-year to $54.9 million; the trailing twelve-month figure through Mar 2026 stood at $54.9 million (down 100.0% YoY), and the FY2025 full-year result was $55.4 million, up 185.51% from the prior year.
  • Intangibles for Q1 2026 stood at $54.9 million, down from $55.4 million in the prior quarter.
  • The five-year high for Intangibles was $19937.3 billion in Q1 2025, with the low at $19.4 million in Q4 2024.
  • Historically, Intangibles has averaged $3322.9 billion across 4 years, with a median of $38.2 million in 2023.
  • Annual changes were most pronounced in 2025 — Intangibles surged 185.51% — and 2026, when it tumbled 100.0%.
  • Webull's Intangibles stood at $21.4 million in 2023, then slipped by 9.26% to $19.4 million in 2024, then surged by 185.51% to $55.4 million in 2025, then slipped by 0.94% to $54.9 million in 2026.
  • The last three Intangibles figures came in at $54.9 million (Q1 2026), $55.4 million (Q4 2025), and $20.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Sap Se 235.96 Bn 217.99 Bn 8.16 Bn 2.67 Bn
2 Full Truck Alliance 175.15 Bn 172.60 Bn - 106.23 Mn
3 Salesforce 144.15 Bn 132.31 Bn 8.56 Bn 6.65 Bn
4 Shopify 140.98 Bn 135.24 Bn 1.55 Bn 28.00 Mn
5 Uber Technologies 140.94 Bn 139.90 Bn 11.88 Bn 990.00 Mn
6 ServiceNow 105.94 Bn 100.75 Bn 2.83 Bn 1.48 Bn
7 Cadence Design Systems 104.65 Bn 103.24 Bn 1.26 Bn 1.93 Bn
8 Automatic Data Processing 91.31 Bn 88.08 Bn 2.87 Bn 1.64 Bn
9 Adobe 83.82 Bn 76.93 Bn 5.73 Bn 454.00 Mn
10 Webull - - - 54.91 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 54.91 Mn
Dec 31, 2025 55.43 Mn
Jun 30, 2025 20.48 Mn
Mar 31, 2025 19,937.28 Bn
Dec 31, 2024 19.42 Mn
Dec 31, 2023 21.40 Mn