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Friday 6 November 2026 Export BULL’s income statement to Excel — free account

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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Webull Corporation (BULL) Gross margin

Alert me on Gross margin

Webull Corporation's gross margin over the twelve months to 30 June 2026 was 77.5%, up 0.0 percentage points from fiscal 2025 (77.5%). That is above the Software Application industry median of 66.9% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 77.5% (2.23)
FY2024 79.7% (3.27)
FY2023 83.0% (1.66)
FY2022 84.6% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 77.7% 1.71
Mar 2026 76.0% (2.76)
Dec 2025 78.8% 1.44
Sep 2025 77.3% 3.78
6 more quarters

Gross margin against peers

Company Gross margin
ASAN Asana, Inc. compare 87.6%
BULL Webull Corporation 77.5%
SPSC SPS Commerce, Inc. compare 70.2%
ALRM Alarm.com Holdings, Inc. compare 65.8%
VERX Vertex, Inc. compare 64.6%
FSLY Fastly, Inc. compare 62.6%
NCNO nCino Inc. compare 62.2%
BLKB Blackbaud, Inc. compare 59.9%
VIA Via Transportation Inc. compare 39.8%
Software Application industry median 66.9%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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