Webull (BULLW) Other Operating Expenses (2024 - 2026)

Webull (BULLW) reported Other Operating Expenses of $87.8 million for Q1 2026, up 89.9% on a YoY basis from $46.2 million in Q1 2025, and down 0.62% quarter-over-quarter from $88.4 million in Q4 2025.

Webull (BULLW) Other Operating Expenses (2024 - 2026) Analysis & Trends

Webull has reported Other Operating Expenses for 3 years, with the latest figure at $87.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Operating Expenses rose 89.9% year-over-year to $87.8 million; the trailing twelve-month figure through Mar 2026 stood at $306.3 million (up 44.25% YoY), and the FY2025 full-year result was $264.7 million, up 21.4% from the prior year.
  • Other Operating Expenses for Q1 2026 stood at $87.8 million, down from $88.4 million in the prior quarter.
  • The five-year high for Other Operating Expenses was $88.4 million in Q4 2025, with the low at $45.9 million in Q4 2024.
  • Historically, Other Operating Expenses has averaged $63.4 million across 3 years, with a median of $65.0 million in 2025.
  • The largest YoY upside for Other Operating Expenses was 92.39% in 2025 against a maximum downside of 10.99% in 2025.
  • Webull's Other Operating Expenses stood at $45.9 million in 2024, then surged by 92.39% to $88.4 million in 2025, then retreated by 0.62% to $87.8 million in 2026.
  • The last three Other Operating Expenses figures came in at $87.8 million (Q1 2026), $88.4 million (Q4 2025), and $65.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 262.33 Bn 244.36 Bn 8.16 Bn
2 Full Truck Alliance 173.49 Bn 170.93 Bn -
3 Salesforce 158.80 Bn 146.96 Bn 8.56 Bn
4 Shopify 144.36 Bn 138.62 Bn 1.55 Bn
5 Uber Technologies 144.25 Bn 143.21 Bn 11.88 Bn
6 ServiceNow 118.74 Bn 113.56 Bn 2.83 Bn
7 Cadence Design Systems 107.33 Bn 105.92 Bn 1.26 Bn
8 Adobe 100.50 Bn 93.61 Bn 5.73 Bn
9 Automatic Data Processing 92.49 Bn 89.26 Bn 2.87 Bn
10 Webull - - -

Historic Data

Download Data
DateValue
Mar 31, 2026 87.80 Mn
Dec 31, 2025 88.35 Mn
Sep 30, 2025 65.01 Mn
Jun 30, 2025 65.10 Mn
Mar 31, 2025 46.24 Mn
Dec 31, 2024 45.93 Mn
Sep 30, 2024 68.01 Mn
Jun 30, 2024 52.15 Mn
Mar 31, 2024 51.95 Mn