Webull Corporation (BULL)

Webull Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Interest and Dividend Income	133.48	130.45	155.79	91.88
Total Interest Expense	1.99	0.12	-	-
Net Interest Income	131.49	130.33	155.79	91.88
Brokerage Commission	66.63	49.04	30.68	8.5
Other Revenue	258.98	209.6	202.03	287.82
Revenue	457.1	388.97	388.5	388.21
Revenue Growth (YoY)	26.52%	0.12%	0.08%	-
Salaries & Employee Benefits	47.02	32.59	29.41	30.02
Cost of Services Provided	392.06	372	337.21	289.76
Other Operating Expenses	10.01	-1.59	-0.6	-1.84
Total Operating Expenses	449.08	402.99	366.03	317.94
Operating Income	8.02	-14.02	22.47	70.26
Currency Exchange Gains	-1.83	1.97	-2.3	5.51
EBT Excluding Unusual Items	6.18	-12.05	20.18	75.77
Other Unusual Items	-	-	-	1.41
Pretax Income	6.18	-12.05	20.18	65.69
Income Tax Expense	23.27	13.82	16.14	32.21
Earnings From Continuing Ops.	-17.09	-25.87	4.04	33.47
Earnings From Discontinued Ops.	2.69	2.69	1.78	16.6
Net Income to Company	-14.4	-23.18	5.82	50.08
Minority Interest in Earnings	0.52	0.49	0.25	-
Net Income	-13.88	-22.69	6.07	50.08
Preferred Dividends & Other Adjustments	-91.43	495.09	340.08	51.41
Net Income to Common	77.55	-517.78	-334.01	-1.33
Net Income Growth	-	-	-87.88%	-
Shares Outstanding (Basic)	213	139	138	134
Shares Outstanding (Diluted)	213	139	138	134
Shares Change (YoY)	13.84%	0.63%	2.58%	-
EPS (Basic)	0.36	-3.73	-2.42	-0.01
EPS (Diluted)	0.36	-3.73	-2.42	-0.01
Free Cash Flow	392.8	182.8	466.05	-62.76
Free Cash Flow Per Share	1.85	1.32	3.38	-0.47
Operating Margin	1.75%	-3.60%	5.79%	18.10%
Profit Margin	16.97%	-133.12%	-85.97%	-0.34%
Free Cash Flow Margin	85.93%	47.00%	119.96%	-16.17%
Effective Tax Rate	376.45%	-	79.99%	49.04%
Revenue as Reported	460.26	390.23	389.6	388.33

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q