Webull (BULLW) Tax Rate (2024 - 2026)

Webull (BULLW) reported Tax Rate of 69.69% for Q1 2026, down 10332.0% on a YoY basis from N/an in Q1 2025, and down 210.73% quarter-over-quarter from 62.93% in Q4 2025.

Webull (BULLW) Tax Rate (2024 - 2026) Analysis & Trends

Webull has reported Tax Rate for 3 years, with the latest figure at 69.69% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 10332.0% year-over-year to 69.69%; the trailing twelve-month figure through Mar 2026 stood at 179.99% (up 7777.0% YoY), and the FY2025 full-year result was 46.09%, up 16080.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 69.69%, down from 62.93% in the prior quarter.
  • The five-year high for Tax Rate was 62.93% in Q4 2025, with the low at 69.69% in Q1 2026.
  • Historically, Tax Rate has averaged 1.01% across 3 years, with a median of 3.58% in 2024.
  • Annual changes were most pronounced in 2025 — Tax Rate soared 6124 bps — and 2026, when it tumbled 10332 bps.
  • Webull's Tax Rate stood at 54.19% in 2024, then advanced by 16 bps to 62.93% in 2025, then plunged by 211 bps to 69.69% in 2026.
  • The last three Tax Rate figures came in at 69.69% (Q1 2026), 62.93% (Q4 2025), and 5.54% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 262.33 Bn 244.36 Bn 8.16 Bn -
2 Full Truck Alliance 173.49 Bn 170.93 Bn - -18.42%
3 Salesforce 158.80 Bn 146.96 Bn 8.56 Bn 22.74%
4 Shopify 144.36 Bn 138.62 Bn 1.55 Bn 8.36%
5 Uber Technologies 144.25 Bn 143.21 Bn 11.88 Bn 39.11%
6 ServiceNow 118.74 Bn 113.56 Bn 2.83 Bn 30.31%
7 Cadence Design Systems 107.33 Bn 105.92 Bn 1.26 Bn 21.59%
8 Adobe 100.50 Bn 93.61 Bn 5.73 Bn 22.01%
9 Automatic Data Processing 92.49 Bn 89.26 Bn 2.87 Bn 23.68%
10 Webull - - - -69.69%

Historic Data

Download Data
DateValue
Mar 31, 2026 -69.69%
Mar 31, 2026 -69.69%
Dec 31, 2025 62.93%
Dec 31, 2025 62.93%
Sep 30, 2025 5.54%
Sep 30, 2025 5.54%
Jun 30, 2025 -32.73%
Jun 30, 2025 -32.73%
Mar 31, 2025 33.64%
Mar 31, 2025 33.64%
Dec 31, 2024 54.19%
Dec 31, 2024 54.19%
Sep 30, 2024 -3.58%
Sep 30, 2024 -3.58%
Jun 30, 2024 -13.59%
Jun 30, 2024 -13.59%
Mar 31, 2024 -27.61%
Mar 31, 2024 -27.61%