Webull (BULLW) Net Income (2024 - 2026)
Webull (BULLW) reported Net Income of -$21.7 million for Q1 2026, down 268.0% on a YoY basis from $12.9 million in Q1 2025, and down 820.96% quarter-over-quarter from $3.0 million in Q4 2025.
Webull (BULLW) Net Income (2024 - 2026) Analysis & Trends
Webull has reported Net Income for 3 years, with the latest figure at -$21.7 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income fell 268.0% year-over-year to -$21.7 million; the trailing twelve-month figure through Mar 2026 stood at -$10.3 million (down 2593.71% YoY), and the FY2025 full-year result was $24.4 million, up 805.2% from the prior year.
- Net Income for Q1 2026 stood at -$21.7 million, down from $3.0 million in the prior quarter.
- The five-year high for Net Income was $36.8 million in Q3 2025, with the low at -$28.4 million in Q2 2025.
- Historically, Net Income has averaged -$2.6 million across 3 years, with a median of -$9.6 million in 2024.
- Annual changes were most pronounced in 2025 — Net Income soared 484.47% — and 2026, when it sank 268.0%.
- Webull's Net Income stood at $7.9 million in 2024, then slumped by 61.97% to $3.0 million in 2025, then tumbled by 820.96% to -$21.7 million in 2026.
- The last three Net Income figures came in at -$21.7 million (Q1 2026), $3.0 million (Q4 2025), and $36.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 235.96 Bn | 217.99 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Full Truck Alliance | 175.15 Bn | 172.60 Bn | - | 208.31 Mn |
| 3 | Salesforce | 144.15 Bn | 132.31 Bn | 8.56 Bn | 2.09 Bn |
| 4 | Shopify | 140.98 Bn | 135.24 Bn | 1.55 Bn | -581.00 Mn |
| 5 | Uber Technologies | 140.94 Bn | 139.90 Bn | 11.88 Bn | 302.00 Mn |
| 6 | ServiceNow | 105.94 Bn | 100.75 Bn | 2.83 Bn | 469.00 Mn |
| 7 | Cadence Design Systems | 104.65 Bn | 103.24 Bn | 1.26 Bn | 335.66 Mn |
| 8 | Automatic Data Processing | 91.31 Bn | 88.08 Bn | 2.87 Bn | 1.36 Bn |
| 9 | Adobe | 83.82 Bn | 76.93 Bn | 5.73 Bn | 1.89 Bn |
| 10 | Webull | - | - | - | -21.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -21.74 Mn |
| Dec 31, 2025 | 3.02 Mn |
| Sep 30, 2025 | 36.80 Mn |
| Jun 30, 2025 | -28.38 Mn |
| Mar 31, 2025 | 12.94 Mn |
| Dec 31, 2024 | 7.93 Mn |
| Sep 30, 2024 | -9.57 Mn |
| Jun 30, 2024 | -11.68 Mn |
| Mar 31, 2024 | -12.55 Mn |