Webull Reports First Quarter 2026 Financial Results
Webull reported Q1 2026 revenue of $159.9 million, a 36% year-over-year increase, driven by record trading volumes and strong net deposits. The company posted an adjusted operating profit of $14.8 million and adjusted net income of $9.2 million, marking its sixth consecutive quarter of adjusted profitability despite a GAAP net loss of $21.7 million due to increased share-based compensation and marketing spend. Customer assets grew 90% YoY to $24 billion, while equity notional volume surged 104% to $261 billion.
Key figures
- Revenue
- 159928016
- Revenue Yoy
- 36%
- Darts
- 1300000
- Customer assets
- 24000000000
- Funded accounts
- 5100000
- Registered users
- 27600000
- Adjusted net income
- 9235765
- Equity notional volume
- 261000000000
- Options contracts volume
- 159000000
- Total operating expenses
- 162306571
- Adjusted operating profit
- 14823021
- Adjusted operating expenses
- 145104995
- Adjusted operating profit per share
- 0.03
AI analysis
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