Webull Corporation (BULL)
NASDAQ:BULL
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Earnings Data
Report Date
Aug 27, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.03Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong top-line growth, record trading volumes, rapid year-over-year expansion in customer assets and clear progress on strategic initiatives (AI infrastructure, international expansion, institutional/B2B traction, and a self-clearing license). These positives were tempered by a sizable, deliberate increase in marketing-driven operating expenses (up ~64% YoY), resulting in compressed near-term margins and delayed benefits from some initiatives (crypto product rollouts and full self-clearing operations). On balance, execution, profitability continuity, and strategic momentum outweigh the near-term margin headwinds and timing-related delays.Company Guidance
Strong Revenue Growth
Total revenue of $159.9M in Q1 2026, up 36% year-over-year, driven by high trading volumes across core asset classes.
Rapid AUM Expansion Year-over-Year
Customer assets reached $24B, a 90% increase year-over-year (noting a slight sequential decline attributed to market volatility).
Record Equity and Options Volumes
Equity notional volume of $261B, up 104% year-over-year and 9.2% sequentially; options volume of 159M contracts, up 31% year-over-year and 3.2% sequentially — all-time highs for the platform.
Futures and New Product Momentum
Futures volume grew 84% year-over-year and 27% sequentially, driven by commodity (notably oil) interest; prediction markets and crypto contributed incremental growth.
Institutional / B2B Traction
Institutional order flow reached 9.5% of total equity notional volume in Q1, reflecting meaningful early traction in the B2B/institutional business and nearly 200 institutional clients onboarded.
User and Funded Account Growth
Added ~800k registered users in Q1 and over 3M in the past year (27.6M total registered users); funded accounts rose to 5.11M (+8% year-over-year) with ~80k new funded accounts in the quarter and a record quarterly retention rate of 98.4%.
Profitability Maintained
Q1 marked the sixth consecutive quarter of adjusted operating profitability: adjusted operating profit of $14.8M (9.3% margin) and adjusted net income of $9.2M (5.8% of revenue).
Diversified Revenue Drivers
Trading-related revenues were $110.9M (up 36% YoY); interest-related income was $40.1M (up 29% YoY), supported by growth in margin loans and client cash balances.
Strategic Capital & Global Expansion
Announced share repurchase program up to $100M; received permission to operate in 22 additional EEA markets (now approved across Europe), expanded zero-commission offerings to seven markets beyond the U.S., and launched operations in Germany.
Technology and Regulatory Milestones
Received U.S. self-clearing license approval (enabling future in-house clearing/custody), released MCP server for AI agent integration, and announced readiness for SEC PDT rule elimination effective June 4.
BULL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BULL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2026 | $6.61 | $6.18 | -6.51% |
Mar 04, 2026 | $6.07 | $5.73 | -5.60% |
Nov 20, 2025 | $8.25 | $8.29 | +0.48% |
Aug 28, 2025 | $14.67 | $13.59 | -7.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Webull Corporation (BULL) report earnings?
Webull Corporation (BULL) is schdueled to report earning on Aug 27, 2026, After Close (Confirmed).
What is Webull Corporation (BULL) earnings time?
Webull Corporation (BULL) earnings time is at Aug 27, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BULL EPS forecast?
BULL EPS forecast for the fiscal quarter 2026 (Q2) is 0.03.