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| Date | Value |
|---|---|
| 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 |