Skip to content
20-F

Annual Report (Foreign)

Webull Corp BULL BULLW

0001213900-26-041653

← back to feed
Filed
Apr 9, 2026 12:00 AM ET
Period of report

On SEC.gov

Financials in this filing

Metric Period Value
Shares Diluted FY 2025 · Dec 31, 2025 397M sh
Shares Diluted FY 2025 · Dec 31, 2024 138.83M sh
Shares Diluted FY 2025 · Dec 31, 2023 137.97M sh
Capex FY 2025 · Dec 31, 2025 $4.89M
Capex FY 2025 · Dec 31, 2024 $2.41M
Capex FY 2025 · Dec 31, 2023 $4.54M
Operating Cash Flow FY 2025 · Dec 31, 2025 $566.42M
Operating Cash Flow FY 2025 · Dec 31, 2024 $185.22M
Operating Cash Flow FY 2025 · Dec 31, 2023 $470.6M
Cash And Equivalents FY 2025 · Dec 31, 2025 $653.19M
Cash And Equivalents FY 2025 · Dec 31, 2024 $270.73M
Stockholders Equity FY 2025 · Dec 31, 2025 $1.02B
Stockholders Equity FY 2025 · Dec 31, 2024 −$2.26B
Current Liabilities FY 2025 · Dec 31, 2025 $2.78B
Current Liabilities FY 2025 · Dec 31, 2024 $1.45B
Total Liabilities FY 2025 · Dec 31, 2025 $2.86B
Total Liabilities FY 2025 · Dec 31, 2024 $1.46B
Current Assets FY 2025 · Dec 31, 2025 $3.68B
Current Assets FY 2025 · Dec 31, 2024 $1.93B
Total Assets FY 2025 · Dec 31, 2025 $3.88B
Total Assets FY 2025 · Dec 31, 2024 $2.07B
Eps Diluted FY 2025 · Dec 31, 2025 −$1.23
Eps Diluted FY 2025 · Dec 31, 2024 −$3.73
Eps Diluted FY 2025 · Dec 31, 2023 −$2.42
Eps Basic FY 2025 · Dec 31, 2025 −$1.23
Eps Basic FY 2025 · Dec 31, 2024 −$3.73
Eps Basic FY 2025 · Dec 31, 2023 −$2.42
Sga Expense FY 2025 · Dec 31, 2025 $168.64M
Sga Expense FY 2025 · Dec 31, 2024 $122.71M
Sga Expense FY 2025 · Dec 31, 2023 $95.79M
Rd Expense FY 2025 · Dec 31, 2025 $35.52M
Rd Expense FY 2025 · Dec 31, 2024 $32.7M
Rd Expense FY 2025 · Dec 31, 2023 $31.96M
Net Income FY 2025 · Dec 31, 2025 $24.77M
Net Income FY 2025 · Dec 31, 2024 −$22.69M
Net Income FY 2025 · Dec 31, 2023 $6.07M
Revenue FY 2025 · Dec 31, 2025 $571M
Revenue FY 2025 · Dec 31, 2024 $390.23M
Revenue FY 2025 · Dec 31, 2023 $389.6M