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) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Webull Corporation (BULL) trades at a EV/EBITDA of 9.2×. Over the past ten years it has ranged from 0.0× (March 2026) to 472× (April 2025); the current reading is higher than 66% of that period. That is below the Software Application industry median of 15.5× and below the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 16.4× —
FY2024 0.0× —
FY2023 2.5× —
FY2022 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 19.7× 9.37%
Mar 2026 18.0× 9.48%
Dec 2025 16.4× (86.18%)
Sep 2025 119× (29.91%)
6 more quarters

Against its own ten years

Low 0.0× High 472×
Ten-year median 0.0×
Current reading's percentile 66

EV/EBITDA against peers

Company EV/EBITDA
VIA Via Transportation Inc. compare n/m
ASAN Asana, Inc. compare n/m
BULL Webull Corporation 9.2×
BLKB Blackbaud, Inc. compare 9.6×
SPSC SPS Commerce, Inc. compare 16.4×
ALRM Alarm.com Holdings, Inc. compare 20.0×
NCNO nCino Inc. compare 24.8×
VERX Vertex, Inc. compare 29.2×
FSLY Fastly, Inc. compare 3,265×
Software Application industry median 15.5×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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