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

4.85 0.54 −10.02%
Market cap
$2.6B
P/E
48.5×
Fwd P/E
—
Dividend yield
—
F-score
3/9
Altman Z
0.34
Beneish M
−2.24
Dividend safety
n/a

Webull Corporation (BULL) Debt to equity

Alert me on Debt to equity

Webull Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.1×, up 0.0× from fiscal 2025 (0.1×). Over the past ten years it has ranged from −0.6× (fiscal 2022) to 0.1× (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.0× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.1× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 −0.6× —
FY2021 0.0× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.1× 1.57%
Mar 2026 0.1× (0.16%)
Dec 2025 0.1× (36.16%)
Sep 2025 0.1× (24.68%)
14 more quarters

Against its own ten years

Low −0.6× High 0.1×
Ten-year median 0.0×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
VIA Via Transportation Inc. compare 0.0×
SPSC SPS Commerce, Inc. compare 0.0×
ASAN Asana, Inc. compare 0.0×
BULL Webull Corporation 0.1×
FSLY Fastly, Inc. compare 0.3×
NCNO nCino Inc. compare 0.4×
ALRM Alarm.com Holdings, Inc. compare 0.6×
VERX Vertex, Inc. compare 1.9×
BLKB Blackbaud, Inc. compare 8.7×
Software Application industry median 0.0×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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