BULL Research | Milton Maxwell

BULL

Webull Corporation

8.56

-0.06-0.7%

Dec 16, 4:00:01 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

FY Q4 '25

Q&A spotlights B2B ramp, marketing reset

3/4/26Mar 4, 2026

Q&A detailed Q4's elevated marketing drove record $3.9B retail deposits but will lighten in Q1, with spend at 23-24% of revenue versus 35% prior year. Meritz partnership hit >$1B equity notional, still early but eyeing 10x ramp by year-end; B2B pipeline strong, outpacing rivals on price and tech. Prediction markets and crypto aid engagement and dormant reactivation, yet core stays active securities trading. Volatility boosts higher-margin options. January second-best month ever. Confident tone on global diversity; watch B2B scale and marketing efficiency.

Key Stats

Market Cap

4.30B

P/E (TTM)

Basic EPS (TTM)

-1.05

Dividend Yield

About

Webull Corporation operates as a digital investment platform. Its platform enables retail investors to trade securities through its licensed broker dealer in the United States, Canada, the United Kingdom, Australia, Hong Kong, Indonesia, Singapore, Malaysia, Thailand, Japan, South Africa, the Netherlands, and internationally. The company was founded in 2016 and is headquartered in Saint Petersburg, Florida.

CEO

Mr. Anquan Wang

IPO

8/22/2022

Website

https://www.webullcorp.com

Employees

1,194

Sector

Technology

Industry

Software - Application