Webull Reports Strong Growth in Q1 2026 Financial Results


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Webull Reports Strong Growth and Financial Results for Q1 2026
Webull Reports Q1 2026 Financial Performance
St. Petersburg, Fla. - Webull Corporation (NASDAQ: BULL) has released its financial and operating results for the first quarter of 2026, showcasing significant growth across its core business segments. Despite a challenging market environment, the company achieved its sixth consecutive quarter of profitability on an adjusted basis, driven by record trading volumes and robust net deposits.
Financial Highlights:
- Total revenues increased by 36 percent year-over-year to $159.9 million.
- Trading-related revenue rose by 36 percent compared to the prior year.
- Adjusted operating profit for the quarter totaled $14.8 million.
- Adjusted net income was reported at $9.2 million.
The company continued to scale its operations globally, reporting strong expansion in its user base and asset holdings. Customer assets reached $24 billion, representing 90 percent year-over-year growth, while registered users climbed to 27.6 million, an increase of 15 percent.
Strategic Updates:
- Clearing Services: FINRA approved Webull Securities US for self and correspondent clearing, a pivotal step toward long-term operational scale.
- Global Expansion: The platform has received permission to operate across the European Economic Area and successfully launched in Germany.
- AI Integration: Webull is actively deploying agentic AI trading solutions and is beta-testing its Vega Analyst tool to provide users with comprehensive research reports.
- Trading Volume: Equity notional volume grew to $261 billion, marking a 104 percent increase year-over-year, while options contracts volume increased by 31 percent.
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