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BULLW

Webull Corporation

Price Chart
Latest Quote

$2.21

-0.21 (-8.64%)
Current Price
Previous Close $2.42
Open $4.39
Day High $2.33
Day Low $2.21
Volume 2,486
Fetched: 2026-06-19T04:27:22
Stock Information
Total Debt $76.51M
Cash Equivalents $1.95B
Revenue $606.89M
Net Income $-500.63M
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Sales$606.89M
Income$-500.63M
Book/sh$1.92
Employees1K
Financial Ratios
Quick Ratio1.26
Current Ratio1.28
Debt/Eq7.51
Returns & Margins
ROA-0.36%
ROE-1.25%
Gross Margin76.29%
Operating Margin-1.49%
Profit Margin-1.65%
Ownership
Insider & Institutional transactions data not available
Valuation Ratios
P/B1.15
Analyst Data
Recommendationnone
Technical Indicators
SMA20$1.95
SMA50$2.11
SMA200$3.00
RSI52.99
ATR0.2435
Shares Float338.26M
Volatility0.57
Rel Volume0.55
Performance History
Week+6.76%
Month-3.49%
Quarter+40.76%
6 Months-32.00%
YTD-26.09%
Year-33.83%
3 Years+1200.00%
10 Years+1200.00%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $2.21 3,100
2026-06-17 $2.42 6,400
2026-06-16 $2.15 3,400
2026-06-15 $2.20 4,800
2026-06-12 $2.05 8,000
2026-06-11 $2.07 700
2026-06-10 $1.85 4,600
2026-06-09 $1.51 2,200
2026-06-08 $1.66 2,700
2026-06-05 $1.58 11,500
2026-06-04 $1.90 5,900
2026-06-03 $1.72 2,900
2026-06-02 $1.98 500
2026-06-01 $1.99 700
2026-05-29 $2.07 7,800
2026-05-28 $1.80 3,700
2026-05-27 $1.80 4,500
2026-05-26 $1.99 2,000
2026-05-22 $1.92 32,400
2026-05-21 $2.23 4,200
2026-05-20 $2.41 200
2026-05-19 $2.29 200
About Webull Corporation

Webull Corporation operates as a digital investment platform. The company offers various products and services, including trading, wealth management product distribution, market data and information, user community, and investor education. Its platform enables retail investors to trade securities through its licensed broker dealer in the United States, Canada, the United Kingdom, Australia, Hong Kong, Indonesia, Singapore, Malaysia, Thailand, Japan, South Africa, the Netherlands, and internationally. Webull Corporation was founded in 2016 and is headquartered in Saint Petersburg, Florida.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $128,781,036 $78,810,524 $68,316,106 $61,840,868
Cost Of Revenue $128,749,064 $79,306,618 $66,418,918 $59,764,117
Total Revenue $570,996,806 $390,229,672 $389,602,570 $388,332,920
Operating Revenue $545,676,902 $376,566,139 $378,702,221 $379,363,698
Expenses
Interest Expense $5,461,931 $122,778 - -
Total Expenses $512,523,187 $404,582,940 $366,623,191 $319,778,027
Other Income Expense $-7,813,208 $2,425,471 $-2,801,285 $-4,283,803
Other Non Operating Income Expenses $-140,522 $-79,051 $-180,796 $1,455,619
Net Non Operating Interest Income Expense $-5,461,931 $-122,778 $0 $1,414,406
Interest Expense Non Operating $5,461,931 $122,778 - -
Operating Expense $383,774,123 $325,276,322 $300,204,273 $260,013,910
Selling And Marketing Expense $125,844,076 $132,170,913 $147,408,341 $132,784,345
General And Administrative Expense $175,511,544 $126,254,645 $95,963,800 $76,955,870
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $24,770,704 $-25,385,426 $4,284,819 $33,473,969
Net Interest Income $-5,461,931 $-122,778 $0 $1,414,406
Normalized Income $30,832,126 $-27,363,998 $6,355,005 $38,008,112
Net Income From Continuing And Discontinued Operation $24,770,704 $-22,693,648 $6,069,284 $50,077,626
Net Income Common Stockholders $-487,519,324 $-517,781,686 $-334,010,716 $-1,332,123
Net Income $24,770,704 $-22,693,648 $6,069,284 $50,077,626
Net Income Including Noncontrolling Interests $24,366,029 $-23,182,152 $5,821,988 $50,077,626
Net Income Discontinuous Operations $0 $2,691,778 $1,784,465 $16,603,657
Net Income Continuous Operations $24,366,029 $-25,873,930 $4,037,523 $33,473,969
Pretax Income $45,198,480 $-12,050,575 $20,178,094 $65,685,496
Special Income Charges $4,518,900 $531,991 $-324,907 $-11,249,003
Operating Income $58,473,619 $-14,353,268 $22,979,379 $68,554,893
Depreciation Amortization Depletion Income Statement $3,234,484 $3,010,301 $4,675,664 $3,500,581
Depreciation And Amortization In Income Statement $3,234,484 $3,010,301 $4,675,664 $3,500,581
Depreciation Income Statement $3,234,484 $3,010,301 $4,675,664 $3,500,581
Gross Profit $442,247,742 $310,923,054 $323,183,652 $328,568,803
Interest Income - $0 $0 $1,414,406
Interest Income Non Operating - $0 $0 $1,414,406
Other
Tax Effect Of Unusual Items $-1,611,264 $525,950 $-550,303 $-1,205,279
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $61,567,581 $-10,925,924 $30,275,532 $77,794,896
Total Unusual Items $-7,672,686 $2,504,522 $-2,620,489 $-5,739,422
Total Unusual Items Excluding Goodwill $-7,672,686 $2,504,522 $-2,620,489 $-5,739,422
Reconciled Depreciation $3,202,512 $3,506,395 $2,778,476 $1,423,830
EBITDA (Bullshit earnings) $53,894,895 $-8,421,402 $27,655,043 $72,055,474
EBIT $50,660,411 $-11,927,797 $22,979,379 $68,554,893
Diluted NI Availto Com Stockholders $-487,519,324 $-517,781,686 $-334,010,716 $-1,332,123
Otherunder Preferred Stock Dividend $512,290,028 $495,088,038 $340,080,000 $51,409,749
Minority Interests $404,675 $488,504 $247,296 $0
Tax Provision $20,832,451 $13,823,355 $16,140,571 $32,211,527
Other Special Charges $10,976,693 $-531,991 $324,907 $-252,949
Restructuring And Mergern Acquisition $-15,495,593 - - -
Gain On Sale Of Security $-12,191,586 $1,972,531 $-2,295,582 $5,509,581
Research And Development $79,184,019 $63,840,463 $52,156,468 $46,773,114
Selling General And Administration $301,355,620 $258,425,558 $243,372,141 $209,740,215
Other Gand A $60,808,129 $42,516,848 $29,648,091 $23,916,038
Salaries And Wages $114,703,415 $83,737,797 $66,315,709 $53,039,832
Gain On Sale Of Business - $0 $0 $-11,501,952
Provision For Doubtful Accounts - - $324,907 $-252,949
Fetched: 2026-06-17
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $930,594,008 $-2,280,862,040 $-1,789,362,801 $-1,470,824,361
Total Assets $3,880,871,303 $2,068,669,417 $1,260,137,131 $1,091,683,821
Total Non Current Assets $196,298,202 $136,911,421 $77,466,825 $66,115,763
Other Non Current Assets $1,000,000 - $19,301 $90
Non Current Deferred Assets $9,346,987 $12,374,499 $4,646,193 $3,646,459
Non Current Deferred Taxes Assets $9,346,987 $12,374,499 $4,646,193 $3,646,459
Goodwill And Other Intangible Assets $85,698,705 $24,613,401 $26,595,391 $18,043,552
Other Intangible Assets $55,434,567 $19,415,963 $21,397,953 $18,043,552
Current Assets $3,684,573,101 $1,931,757,996 $1,182,670,306 $1,025,568,148
Other Current Assets $7,820,009 $12,771,780 $3,044,196 $1,073,741
Restricted Cash $1,537,119,275 $939,232,153 $621,802,114 $61,096,843
Prepaid Assets $19,333,609 $25,823,507 $36,176,542 $26,907,810
Receivables $1,294,801,349 $574,950,017 $101,437,733 $59,545,765
Other Receivables $574,234,893 $267,076,719 $72,927,350 $32,927,195
Taxes Receivable $6,210,552 $2,994,225 $10,086,679 $7,410,312
Accounts Receivable $714,355,904 $304,879,073 $15,571,598 $19,208,258
Gross Accounts Receivable $714,355,904 $304,879,073 $15,571,598 $19,208,258
Cash Cash Equivalents And Short Term Investments $825,498,859 $378,980,539 $417,869,182 $436,705,821
Cash And Cash Equivalents $653,188,906 $270,728,008 $372,340,353 $436,219,931
Current Deferred Assets - $7,603,867 $2,340,539 $1,513,803
Notes Receivable - $0 $2,852,106 $0
Assets Held For Sale Current - - $0 $438,724,365
Debt
Total Debt $77,523,016 $15,408,514 $13,068,572 $12,138,983
Long Term Debt And Capital Lease Obligation $73,911,821 $10,438,555 $9,594,373 $9,627,921
Long Term Debt $65,000,000 - - -
Current Debt And Capital Lease Obligation $3,611,195 $4,969,959 $3,474,199 $2,511,062
Liabilities
Total Liabilities Net Minority Interest $2,864,391,356 $4,323,644,968 $3,022,244,320 $2,544,464,630
Total Non Current Liabilities Net Minority Interest $87,278,043 $2,877,479,543 $2,341,729,686 $1,981,358,454
Non Current Deferred Liabilities $13,366,222 $5,292,255 $5,771,900 $5,447,120
Non Current Deferred Taxes Liabilities $13,366,222 $5,292,255 $5,771,900 $5,447,120
Current Liabilities $2,777,113,313 $1,446,165,425 $680,514,634 $563,106,176
Other Current Liabilities $13,415,234 $9,205,113 $4,168,715 $428,028,913
Payables And Accrued Expenses $2,727,958,470 $1,408,210,116 $654,566,286 $110,315,553
Payables $2,706,372,072 $1,396,242,626 $646,782,985 $86,234,061
Other Payable $7,937,556 $5,676,340 $6,207,284 $3,378,205
Total Tax Payable $11,569,331 $2,274,769 $407,209 $2,200,986
Accounts Payable $2,686,865,185 $1,388,291,517 $640,168,492 $82,855,856
Current Deferred Liabilities - - - $264,340
Income Tax Payable - - - $1,759,286
Equity
Common Stock Equity $1,016,292,713 $-2,256,248,639 $-1,762,767,410 $-1,452,780,809
Total Equity Gross Minority Interest $1,016,479,947 $-2,254,975,551 $-1,762,107,189 $-1,452,780,809
Stockholders Equity $1,016,292,713 $-2,256,248,639 $-1,762,767,410 $-1,452,780,809
Gains Losses Not Affecting Retained Earnings $1,524,496 $-15,195,946 $-6,859,801 $-8,522,465
Other Equity Adjustments $1,524,496 $-15,195,946 $-6,859,801 $-8,522,465
Retained Earnings $-2,178,189,845 $-2,241,054,086 $-1,755,921,317 $-1,444,262,385
Preferred Securities Outside Stock Equity $0 $2,861,748,733 $2,326,363,413 $1,966,283,413
Preferred Stock Equity - $2,861,748,733 $2,326,363,413 $1,966,283,413
Other
Treasury Shares Number $1,124,485 - - -
Ordinary Shares Number $523,450,709 $459,363,005 $459,363,005 $459,363,005
Share Issued $524,575,194 $459,363,005 $459,363,005 $459,363,005
Tangible Book Value $930,594,008 $-2,280,862,040 $-1,789,362,801 $-1,470,824,361
Invested Capital $1,081,292,713 $-2,256,248,639 $-1,762,767,410 $-1,452,780,809
Working Capital $907,459,788 $485,592,571 $502,155,672 $462,461,972
Capital Lease Obligations $12,523,016 $15,408,514 $13,068,572 $12,138,983
Total Capitalization $1,081,292,713 $-2,256,248,639 $-1,762,767,410 $-1,452,780,809
Minority Interest $187,234 $1,273,088 $660,221 $0
Treasury Stock $0 $0 $0 $0
Additional Paid In Capital $3,192,952,827 $0 $0 $0
Capital Stock $5,235 $1,393 $13,708 $4,041
Common Stock $5,235 $1,393 $13,708 $4,041
Long Term Capital Lease Obligation $8,911,821 $10,438,555 $9,594,373 $9,627,921
Current Capital Lease Obligation $3,611,195 $4,969,959 $3,474,199 $2,511,062
Pensionand Other Post Retirement Benefit Plans Current $32,128,414 $23,780,237 $18,305,434 $22,250,648
Current Accrued Expenses $21,586,398 $11,967,490 $7,783,301 $24,081,492
Goodwill $30,264,138 $5,197,438 $5,197,438 $0
Net PPE $100,252,510 $99,923,521 $46,205,940 $44,425,662
Accumulated Depreciation $-9,505,232 $-6,906,788 $-3,983,276 $-1,366,406
Gross PPE $109,757,742 $106,830,309 $50,189,216 $45,792,068
Leases $3,223,028 $3,077,471 $2,930,706 $1,521,933
Construction In Progress $4,856,429 $1,114,097 $319,550 $0
Other Properties $69,926,337 $71,082,404 $15,839,040 $14,257,868
Machinery Furniture Equipment $2,467,229 $2,287,029 $2,229,709 $1,505,474
Buildings And Improvements $24,284,719 $24,269,308 $23,870,211 $23,506,793
Land And Improvements $5,000,000 $5,000,000 $5,000,000 $5,000,000
Properties $0 $0 $0 $0
Other Short Term Investments $172,309,953 $108,252,531 $45,528,829 $485,890
Preferred Stock - $2,861,748,733 $2,326,363,413 $1,966,283,413
Current Deferred Revenue - - - $264,340
Fetched: 2026-06-17
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $561,537,184 $182,803,160 $466,052,899 $-62,763,705
Operating Activities
Operating Cash Flow $566,424,456 $185,215,389 $470,596,832 $-31,213,001
Cash Flow From Continuing Operating Activities $566,424,456 $185,215,389 $470,596,832 $-31,213,001
Operating Gains Losses $-15,776,065 $-419,753 $14,270 $2,381,269
Investing Activities
Capital Expenditure $-4,887,272 $-2,412,229 $-4,543,933 $-31,550,704
Investing Cash Flow $45,502,881 $-2,412,229 $-10,039,796 $-32,429,330
Cash Flow From Continuing Investing Activities $45,502,881 $-2,412,229 $-10,039,796 $-32,429,330
Financing Activities
Repurchase Of Capital Stock $-20,005,651 $0 $0 $-55,000,006
Issuance Of Capital Stock $194,311,644 $40,297,282 $20,000,000 $73,727,263
Financing Cash Flow $352,081,756 $40,346,273 $12,837,018 $17,887,380
Cash Flow From Continuing Financing Activities $352,081,756 $40,346,273 $12,837,018 $17,887,380
Net Other Financing Charges $-3,855,156 - $-7,162,982 -
Net Preferred Stock Issuance $0 $40,297,282 $20,000,000 $18,723,808
Preferred Stock Issuance $0 $40,297,282 $20,000,000 $73,723,814
Net Common Stock Issuance $174,305,993 $0 $0 $3,449
Common Stock Issuance $194,311,644 $0 $0 $3,449
Other
Repayment Of Debt $-65,000,000 $-5,000,000 $0 $-10,839,877
Issuance Of Debt $30,000,000 $5,000,000 $0 $0
Interest Paid Supplemental Data $3,470,239 $26,042 $0 $0
Income Tax Paid Supplemental Data $12,038,098 $15,965,370 $19,474,921 $55,169,843
End Cash Position $2,190,308,181 $1,209,960,161 $994,142,467 $518,297,022
Beginning Cash Position $1,209,960,161 $994,142,467 $518,297,022 $569,499,325
Effect Of Exchange Rate Changes $16,338,927 $-7,331,739 $2,451,391 $-5,447,352
Changes In Cash $964,009,093 $223,149,433 $473,394,054 $-45,754,951
Proceeds From Stock Option Exercised $216,630,919 $48,991 $0 $10,000,000
Common Stock Payments $-20,005,651 $0 $0 -
Net Issuance Payments Of Debt $-35,000,000 $0 $0 $-10,839,877
Net Short Term Debt Issuance $0 $0 $0 $0
Short Term Debt Payments $-30,000,000 $-5,000,000 $0 $0
Short Term Debt Issuance $30,000,000 $5,000,000 $0 $0
Net Long Term Debt Issuance $-35,000,000 $0 $0 $-10,839,877
Long Term Debt Payments $-35,000,000 $0 $0 $-10,839,877
Net Business Purchase And Sale $50,390,153 $0 $-5,495,863 $-109,163
Sale Of Business $51,390,153 $0 $0 -
Purchase Of Business $-1,000,000 $0 $-5,495,863 $-109,163
Net PPE Purchase And Sale $-4,887,272 $-2,412,229 $-4,543,933 $-31,550,704
Purchase Of PPE $-4,887,272 $-2,412,229 $-4,543,933 $-31,550,704
Change In Working Capital $495,479,531 $178,897,910 $433,326,735 $-108,022,690
Change In Other Working Capital $806,297,289 $466,726,102 $545,640,513 $1,602,492
Change In Other Current Liabilities $-2,901,739 $2,343,702 $929,589 $3,014,344
Change In Other Current Assets $-62,121,326 $-117,109,896 $-45,862,852 $-2,996,626
Change In Payables And Accrued Expense $38,841,479 $11,979,068 $-13,754,009 $-94,978,200
Change In Payable $38,841,479 $11,979,068 $-13,754,009 $-94,978,200
Change In Account Payable $38,841,479 $11,979,068 $-13,754,009 $-94,978,200
Change In Prepaid Assets $-3,120,732 $17,053,709 $-27,617,754 $-16,225,779
Change In Receivables $-281,515,440 $-202,094,775 $-26,008,752 $1,561,079
Stock Based Compensation $43,872,899 $32,587,611 $29,411,885 $30,022,322
Provisionand Write Offof Assets $4,637,993 $1,568,981 $326,711 $-252,949
Asset Impairment Charge $7,603,867 $0 $0 -
Deferred Tax $3,037,690 $-7,743,603 $-1,083,233 $-5,427,880
Deferred Income Tax $3,037,690 $-7,743,603 $-1,083,233 $-5,427,880
Depreciation Amortization Depletion $3,202,512 $3,506,395 $2,778,476 $1,423,830
Depreciation And Amortization $3,202,512 $3,506,395 $2,778,476 $1,423,830
Net Foreign Currency Exchange Gain Loss $-280,472 $-419,753 $14,270 $1,418,131
Gain Loss On Sale Of Business $-15,495,593 $0 $0 $963,138
Net Income From Continuing Operations $24,366,029 $-23,182,152 $5,821,988 $50,077,626
Preferred Stock Payments - $0 $0 $-55,000,006
Net Investment Purchase And Sale - $0 $0 $-769,463
Sale Of Investment - $0 $0 $239,937
Purchase Of Investment - $0 $0 $-1,009,400
Change In Accrued Expense - - $-13,754,009 $-94,978,200
Other Non Cash Items - - - $-1,414,529
Fetched: 2026-06-17