Webull Corporation Class A Ordinary Shares (BULL) Revenue History
Annual and quarterly revenue from 2022 to 2024
Compound Annual Growth Rate (CAGR)
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BULL Revenue Growth
Revenue Breakdown (FY 2024)
BULL's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
BULL Revenue Analysis (2022–2024)
As of May 8, 2026, Webull Corporation Class A Ordinary Shares (BULL) generated trailing twelve-month (TTM) revenue of $458.4 million, reflecting explosive growth of +46.3% year-over-year. The most recent quarter (Q2 2025) recorded $131.5 million in revenue, up 12.0% sequentially.
Looking at the longer-term picture, BULL's historical revenue data shows various trends over time. The company achieved its highest annual revenue of $390.2 million in 2024, representing a new all-time high.
Revenue diversification analysis shows BULL's business is primarily driven by Other Member (100%). With over half of revenue concentrated in Other Member, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including HOOD, FUTU, and TIGR. Compare BULL vs HOOD →
BULL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BULLCurrent | $458M | +46.3% | - | -3.7% | |
 HOOD | $4.5B | - | - | 46.8% | |
 FUTU | $13.6B | - | - | 48.7% | |
 TIGR | $392M | - | - | 35.6% | |
 IBKR | $10.2B | - | - | 86.0% | |
 MKTX | $849M | - | - | 41.2% |
BULL Historical Revenue Data (2022–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $390.2M | +0.2% | $310.9M | 79.7% | $-14,353,268 | -3.7% |
| 2023 | $389.6M | +0.3% | $323.2M | 83.0% | $23.0M | 5.9% |
| 2022 | $388.3M | - | $328.6M | 84.6% | $68.6M | 17.7% |
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Start ComparisonBULL — Frequently Asked Questions
Quick answers to the most common questions about buying BULL stock.
Is BULL's revenue growth accelerating or slowing?
BULL revenue is accelerating at +46.3% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $458M. Growth momentum has increased versus prior periods.
What is BULL's long-term revenue growth rate?
Webull Corporation Class A Ordinary Shares's 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +46.3% is above this long-term average.
How is BULL's revenue distributed by segment?
BULL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2022-2024 are available for download. Segment mix reveals concentration and diversification trends.