Saturday 17 October 2026
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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. In the quarter to June 2026, revenue grew 51.2%, EPS grew 104.2%, free cash flow fell 454,633.3% and total debt fell 32.4%, each against the same quarter a year earlier. Revenue growth for three consecutive years.
6.07
0.23
−3.65%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | 9.87 | 10.14 | 10.80 | 7.57 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | 12.50 | 11.61 | 12.32 | 79.56 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | 2 | 2 | 1,194 | 1,396 | ||||
| Revenue/emp, $m | — | — | — | — | — | — | 194.17 | 194.80 | 0.33 | 0.41 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 388 | 390 | 390 | 571 | ||||
| Gross margin, % | — | — | — | — | — | — | 84.61 | 82.95 | 79.68 | 77.45 | |||||
| EBT | — | — | — | — | — | 0 | 66 | 20 | (12) | 45 | |||||
| EBT margin, % | — | — | — | — | — | 0.00 | 16.91 | 5.18 | (3.09) | 7.92 | |||||
| Net income | — | — | — | — | — | 0 | 50 | 6 | (23) | 24 | |||||
| Depreciation | — | — | — | — | — | 0 | 1 | 3 | 4 | 3 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 0.00 | 2.89 | 2.82 | 2.81 | 1.44 | ||||
| Earnings | — | — | — | — | — | 0.00 | 0.13 | 0.31 | 0.21 | (1.23) | |||||
| Cash flow | — | — | — | — | — | 0.00 | (0.23) | 3.41 | 1.33 | 1.43 | |||||
| Capex | — | — | — | — | — | 0.00 | (0.23) | (0.03) | (0.02) | (0.01) | |||||
| Free cash flow | — | — | — | — | — | 0.00 | (0.47) | 3.38 | 1.32 | 1.41 | |||||
| Book value | — | — | — | — | — | 0.00 | (0.09) | (12.77) | (16.24) | 2.56 | |||||
| Shares, m | — | — | — | — | — | 25 | 134 | 138 | 139 | 397 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 27.40 | 8.76 | 161.53 | 0.00 | ||||
| P/S | — | — | — | — | — | — | 0.00 | 0.00 | 4.14 | 5.40 | |||||
| P/B | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 3.03 | |||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 0.00 | 1.05 | 1.68 | |||||
| EV/FCF | — | — | — | — | — | — | (44.34) | 1.07 | 2.81 | 0.95 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | 0 | (31) | 471 | 185 | 566 | ||||
| Capex | — | — | — | — | — | 0 | (32) | (5) | (2) | (5) | |||||
| Free cash flow | — | — | — | — | — | 0 | (63) | 466 | 183 | 562 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | 0 | (5) | 502 | 486 | 907 | ||||
| Total debt | — | — | — | — | — | — | 7 | 5 | 2 | 65 | |||||
| Net debt | — | — | — | — | — | — | 7 | (989) | (1,210) | (2,125) | |||||
| Shareholders’ equity | — | — | — | — | — | 0 | (12) | (1,762) | (2,255) | 1,016 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | 0.00 | (1.22) | (45.17) | (31.11) | (16.39) | ||||
| ROIC | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| ROE | — | — | — | — | — | 0.00 | 22.87 | 37.66 | 25.78 | 78.73 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Webull Corporation vs peers in Software Application (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| FRSH Freshworks Inc. | $3.7B | 21.1× | 151× | +15.98% (above 0%: growing) | n/m | −2.84% (below 0%: shrinking) | 84.79% | 2.55% | Compare |
| BRZE Braze, Inc. | $3.5B | — (loss-making) | — (loss-making) | +26.16% (above 0%: growing) | n/m | +515.45% (above 0%: growing) | 66.83% | (7.98%) | Compare |
| LIF Life360, Inc. | $3.4B | 22.0× | 32.6× | +37.77% (above 0%: growing) | −33.33% (below 0%: shrinking) | +115.99% (above 0%: growing) | 79.83% | (0.04%) | Compare |
| BULL Webull Corporation | $3.4B | 60.7× | — | +51.21% (above 0%: growing) | n/m | −454,633.33% (below 0%: shrinking) | 77.70% | 22.86% | |
| NATL NCR Atleos Corporation | $3.4B | 17.3× | 12.0× | +0.09% (above 0%: growing) | +44.26% (above 0%: growing) | +111.11% (above 0%: growing) | 28.01% | 14.14% | Compare |
| INTA Intapp, Inc. | $3.4B | — (loss-making) | 107× | +12.95% (above 0%: growing) | n/m | +23.70% (above 0%: growing) | 77.60% | (2.77%) | Compare |
| AGYS Agilysys, Inc. | $3.2B | 71.5× | 56.5× | +14.35% (above 0%: growing) | +77.78% (above 0%: growing) | +246.88% (above 0%: growing) | 63.48% | 11.11% | Compare |
| SPSC SPS Commerce, Inc. | $3.1B | 41.0× | 20.9× | +5.56% (above 0%: growing) | −63.46% (below 0%: shrinking) | +123.84% (above 0%: growing) | 70.16% | 4.25% | Compare |
| PTRN Pattern Group Inc. | $3.1B | — (loss-making) | 35.7× | +46.58% (above 0%: growing) | −39.05% (below 0%: shrinking) | +213.65% (above 0%: growing) | 43.84% | 4.05% | Compare |
| Median of peers | $3.4B | 22.0× | 35.7× | +15.17% | −33.33% | +119.92% | 68.50% | 3.30% |
Webull Corporation (BULL) key facts
- Strength: Webull Corporation’s revenue for fiscal 2025 (year ended December 2025) was $571.0 million, up 46.3% from fiscal 2024.
- Webull Corporation (BULL) is a Software Application company in the Technology sector, listed on Nasdaq.
- As of October 16, 2026, BULL traded at $6.07, a market capitalization of $3.4 billion.
- Return on equity was 78.7% and debt-to-equity 0.06.
- Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 0.34 (distress zone) for fiscal 2025.
Webull Corporation (BULL) Latest News
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