Webull Q1 Adjusted Operating Profit Drops on Soaring Costs; Revenue Misses Estimates
BULL sits 51% above its 52-week low of $4.5 on elevated volume (2.5× avg).
Summary
Webull reported a decline in Q1 adjusted operating profit to $14.80 million, driven by increased marketing, branding, and compensation costs. While revenue grew 36% year-over-year to $159.90 million, it missed analyst consensus estimates. The company also posted a net loss of $0.04 per share. This marks a shift from the strong Q4 2025 results and full-year 2025 turnaround, which included a recently authorized $100 million share repurchase program. The higher expenses and profit decline could raise concerns about the company's ability to maintain profitability amidst growth initiatives. Webull anticipates increased active trading after FINRA's PDT rule change in June 2026, which could provide a future tailwind.
At the time of this announcement, BULL was trading at $6.78 on NASDAQ in the Finance sector, with a market capitalization of approximately $3.5B. The 52-week trading range was $4.50 to $18.32. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Reuters.