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Saturday 7 November 2026
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Webull Corporation
BULL Technology Software Application
Webull Corporation’s revenue for fiscal 2025 (year ended December 2025) was $571.0 million, up 46.3% from fiscal 2024.
- Revenue
- +51.2%
- EPS
- +104.2%
- Free cash flow
- −454,633.3%
- Total debt
- −32.4%
Quarter to June 2026, against a year earlier
4.92
0.11
+2.29%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 388 | 390 | 390 | 571 | 681 | +13.7% | — | — | — | — | |
| Gross margin, % | — | — | — | — | — | — | 84.61 | 82.95 | 79.68 | 77.45 | 77.46 | (7.2) pt | ||||||
| EBT | — | — | — | — | — | 0 | 66 | 20 | (12) | 45 | 69 | n/m | ||||||
| EBT margin, % | — | — | — | — | — | 0.00 | 16.91 | 5.18 | (3.09) | 7.92 | 10.13 | +7.9 pt | ||||||
| Net income | — | — | — | — | — | 0 | 50 | 6 | (23) | 24 | 27 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 0.00 | 2.89 | 2.82 | 2.81 | 1.44 | 1.28 | n/m | |||||
| Earnings | — | — | — | — | — | 0.00 | 0.13 | (2.42) | (3.73) | (1.23) | 0.10 | n/m | ||||||
| Cash flow | — | — | — | — | — | 0.00 | (0.23) | 3.41 | 1.33 | 1.43 | 1.46 | n/m | ||||||
| Capex | — | — | — | — | — | 0.00 | (0.23) | (0.03) | (0.02) | (0.01) | (0.03) | n/m | ||||||
| Free cash flow | — | — | — | — | — | 0.00 | (0.47) | 3.38 | 1.32 | 1.41 | 1.43 | n/m | ||||||
| Book value | — | — | — | — | — | 0.00 | (0.09) | (12.77) | (16.24) | 2.56 | 1.97 | n/m | ||||||
| Shares, m | — | — | — | — | — | 25 | 134 | 138 | 139 | 397 | 486 | +99.6% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 27.40 | 8.76 | 0.00 | 0.00 | 49.00 | 9.0 | |||||
| P/S | — | — | — | — | — | — | 0.00 | 0.00 | 4.15 | 5.40 | 3.82 | 2.4 | ||||||
| P/B | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 3.03 | 2.49 | 0.8 | ||||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 0.00 | 1.07 | 1.68 | 1.19 | 0.7 | ||||||
| EV/FCF | — | — | — | — | — | — | (44.34) | (1.98) | 2.83 | 0.95 | 1.06 | (10.6) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | 0 | (31) | 471 | 185 | 566 | 773 | n/m | |||||
| Capex | — | — | — | — | — | 0 | (32) | (5) | (2) | (5) | (14) | n/m | ||||||
| Free cash flow | — | — | — | — | — | 0 | (63) | 466 | 183 | 562 | 759 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | 0 | (5) | 502 | 486 | 907 | 875 | n/m | |||||
| Net debt | — | — | — | — | — | — | 7 | (989) | (1,210) | (2,125) | (1,858) | n/m | ||||||
| Shareholders’ equity | — | — | — | — | — | 0 | (12) | (1,762) | (2,255) | 1,016 | 1,044 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | 0.00 | (1.22) | (45.17) | (31.11) | (16.39) | 1.26 | (16.4) pt | |||||
| ROIC | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 pt | ||||||
| ROE | — | — | — | — | — | 0.00 | 22.87 | 37.66 | 25.78 | 78.73 | 4.74 | +78.7 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | 2 | 2 | 1,194 | 1,396 | — | +787.1% | |||||
| Revenue/emp, $m | — | — | — | — | — | — | 194.17 | 194.80 | 0.33 | 0.41 | — | (87.2%) | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Webull Corporation vs peers in Software Application (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SPSC SPS Commerce, Inc. | $2.9B | 36.0× | 35.0× | +4.08% (above 0%: growing) | +27.57% (above 0%: growing) | +7.23% (above 0%: growing) | 71.11% | 20.20% | Compare |
| VERX Vertex, Inc. | $2.9B | 497× | 78.8× | +11.02% (above 0%: growing) | n/m | +76.75% (above 0%: growing) | 65.74% | 0.15% | Compare |
| BULL Webull Corporation | $2.6B | 49.0× | — | +51.21% (above 0%: growing) | n/m | −454,633.33% (below 0%: shrinking) | 77.70% | 22.86% | |
| ASAN Asana, Inc. | $2.6B | — (loss-making) | — (loss-making) | +9.90% (above 0%: growing) | n/m | +390.69% (above 0%: growing) | 85.99% | (19.05%) | Compare |
| BLKB Blackbaud, Inc. | $2.5B | 16.4× | 15.4× | +4.09% (above 0%: growing) | +4.07% (above 0%: growing) | +2.26% (above 0%: growing) | 60.75% | 20.49% | Compare |
| FSLY Fastly, Inc. | $2.5B | — (loss-making) | — (loss-making) | +20.21% (above 0%: growing) | n/m | +120.03% (above 0%: growing) | 63.31% | (5.93%) | Compare |
| KC Kingsoft Cloud Holdings Limited Sponsored ADR | $2.5B | — (loss-making) | — (loss-making) | +38.06% (above 0%: growing) | n/m | +43.68% (above 0%: growing) | 15.18% | 0.75% | Compare |
| NCNO nCino Inc. | $2.5B | 73.2× | 71.9× | +8.19% (above 0%: growing) | n/m | +170.13% (above 0%: growing) | 62.59% | 8.46% | Compare |
| GRND Grindr Inc. | $2.4B | 45.5× | 41.9× | +22.12% (above 0%: growing) | n/m | −0.04% (below 0%: shrinking) | 75.54% | 2.89% | Compare |
| Median of peers | $2.5B | 45.5× | 41.9× | +10.46% | — | +60.22% | 64.53% | 1.82% |
Webull Corporation (BULL) Latest News
5 Nov
27 Oct
9 Oct
8 Oct
7 Oct
2 Oct
BULL metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Altman Z-score