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) Operating margin

Alert me on Operating margin

Webull Corporation's operating margin over the twelve months to 30 June 2026 was 12.4%, up 2.2 percentage points from fiscal 2025 (10.2%). Over the past ten years it has ranged from −3.68% (fiscal 2024) to 17.7% (fiscal 2022); the current reading is higher than 80% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 10.2% 13.92
FY2024 −3.68% (9.58)
FY2023 5.90% (11.75)
FY2022 17.7% 17.65
FY2021 0.00% —

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 22.9% 24.35
Mar 2026 −1.49% (11.90)
Dec 2025 10.4% (5.15)
Sep 2025 15.6% 18.39
14 more quarters

Against its own ten years

Low −3.68% High 17.7%
Ten-year median 5.90%
Current reading's percentile 80

Operating margin against peers

Company Operating margin
BLKB Blackbaud, Inc. compare 20.1%
SPSC SPS Commerce, Inc. compare 13.8%
ALRM Alarm.com Holdings, Inc. compare 12.8%
BULL Webull Corporation 12.4%
NCNO nCino Inc. compare 7.92%
VERX Vertex, Inc. compare −2.15%
FSLY Fastly, Inc. compare −9.00%
VIA Via Transportation Inc. compare −18.0%
ASAN Asana, Inc. compare −19.4%
Software Application industry median 0.00%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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