Webull (BULLW) Receivables - Net (2022 - 2025)

Webull (BULLW) reported Receivables - Net of $568.5 million for Q4 2025, up 113.84% on a YoY basis from $265.9 million in Q4 2024, and up 113.84% quarter-over-quarter from $265.9 million in Q4 2024.

Webull (BULLW) Receivables - Net (2022 - 2025) Analysis & Trends

Webull has reported Receivables - Net for 4 years, with the latest figure at $568.5 million in Q4 2025.

  • For the quarter ending Q4 2025, Receivables - Net rose 113.84% year-over-year to $568.5 million; the trailing twelve-month figure through Dec 2025 stood at $568.5 million (up 113.84% YoY), and the FY2025 full-year result was $568.5 million, up 113.84% from the prior year.
  • Receivables - Net for Q4 2025 stood at $568.5 million, up from $265.9 million in the prior quarter.
  • The five-year high for Receivables - Net was $568.5 million in Q4 2025, with the low at $15.2 million in Q4 2022.
  • Historically, Receivables - Net has averaged $227.8 million across 4 years, with a median of $163.6 million in 2023.
  • Annual changes were most pronounced in 2024 — Receivables - Net surged 332.93% — and 2025, when it soared 113.84%.
  • Webull's Receivables - Net stood at $15.2 million in 2022, then surged by 303.87% to $61.4 million in 2023, then surged by 332.93% to $265.9 million in 2024, then soared by 113.84% to $568.5 million in 2025.
  • The last three Receivables - Net figures came in at $568.5 million (Q4 2025), $265.9 million (Q4 2024), and $61.4 million (Q4 2023), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Dec 31, 2025 568.53 Mn
Dec 31, 2025 568.53 Mn
Dec 31, 2024 265.86 Mn
Dec 31, 2024 265.86 Mn
Dec 31, 2023 61.41 Mn
Dec 31, 2023 61.41 Mn
Dec 31, 2022 15.21 Mn
Dec 31, 2022 15.21 Mn