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) Free cash flow margin

Alert me on Free cash flow margin

Webull Corporation's free cash flow margin over the twelve months to 30 June 2026 was 111.5%, up 13.1 percentage points from fiscal 2025 (98.3%). Over the past ten years it has ranged from −16.2% (fiscal 2022) to 119.6% (fiscal 2023); the current reading is higher than 80% of that period. That is above the Software Application industry median of 5.77% and above the Technology sector median of 0.67%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 98.3% 51.49
FY2024 46.9% (72.77)
FY2023 119.6% 135.78
FY2022 −16.2% (16.16)
FY2021 0.00% —

Against its own ten years

Low −16.2% High 119.6%
Ten-year median 46.9%
Current reading's percentile 80

Free cash flow margin against peers

Company Free cash flow margin
BULL Webull Corporation 111.5%
ASAN Asana, Inc. compare 29.7%
SPSC SPS Commerce, Inc. compare 26.0%
BLKB Blackbaud, Inc. compare 24.1%
NCNO nCino Inc. compare 21.2%
VERX Vertex, Inc. compare 20.3%
FSLY Fastly, Inc. compare 18.2%
ALRM Alarm.com Holdings, Inc. compare 17.6%
VIA Via Transportation Inc. compare −9.83%
Software Application industry median 5.77%
Technology sector median 0.67%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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