Webull Earnings Call Transcripts
Fiscal Year 2026
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Revenue grew 36% year-over-year to $159.9M, with customer assets up 90% to $24B and record trading volumes. Adjusted operating expenses rose 64% due to marketing, but the company remains profitable and expects margin expansion as revenue scales.
Fiscal Year 2025
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Record 2025 revenue and customer asset growth were driven by strong trading volumes, global expansion, and new AI and product offerings. Profitability improved, with disciplined expense management and a focus on active traders and international markets.
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Q3 saw record revenue and margin expansion, driven by product innovation, global growth, and strong user engagement. Customer assets and deposits hit all-time highs, with new offerings like crypto futures and AI tools fueling momentum.
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Record Q2 revenue and profitability driven by strong market recovery, product innovation, and global expansion. Customer assets and trading volumes reached all-time highs, with crypto trading relaunched in key markets and continued growth expected in Q3.
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Q1 2025 saw 32% revenue growth to $117.4M, with adjusted operating profit up to $28.7M and net income at $13.1M. User and funded account growth remained strong, while new product launches and global expansion are set to drive future growth.