Webull Files Full Q2 2026 Financials: Revenue Up 51%, Goodwill Impairment Disclosed
BULL has more than doubled off its 52-week low of $4.5.
Summary
Webull filed its full Q2 2026 financials showing 51% revenue growth to $198.8M and a swing to profitability, along with new disclosures on a goodwill impairment, credit facility, and clearing agreement amendment.
Key Events · Earnings and Guidance · BULL
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Q2 Revenue Up 51% to $198.8M
Total revenues grew 51% year-over-year to $198.8 million, driven by a 86 million increase in option contracts traded and $118 billion increase in equity notional volume following the elimination of the pattern day trader rule on June 4, 2026.
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Swing to Net Income of $24.3M
Net income attributable to the Company was $24.4 million for Q2 2026, compared to a net loss of $28.3 million in Q2 2025. Six-month net income was $2.6 million, up from a $15.2 million loss.
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Goodwill Impairment of $5.2M
The company recognized a $5.2 million impairment loss on goodwill in Q2 2026, disclosed in the full financial statements but not in the August 19 earnings summary.
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New RMB 200M Credit Facility
Hunan Weibu Information Technology Co., Ltd. entered into a credit facility agreement on March 25, 2026 for RMB 200 million (~$29.5M), with $17.6 million borrowed as of June 30, 2026 at a fixed 2.68% interest rate.
Analysis · BULL · Crypto Assets
Webull filed its complete unaudited Q2 2026 financial statements and MD&A, providing the full detail behind the record results announced on August 19. Revenue grew 51% year-over-year to $198.8 million, driven by a surge in options and equity trading volumes following the elimination of the pattern day trader rule on June 4, 2026. The filing also reveals a $5.2 million goodwill impairment, a new RMB 200 million credit facility for its China subsidiary, and the amendment to its clearing agreement with Apex — details not previously disclosed. The company swung to a net income of $24.3 million from a loss of $28.4 million a year ago, though the six-month figure remains modest at $2.6 million due to heavy marketing spend.
How filings like this one have moved
In the 30 days to Oct 19, 2026, 29.4% of the 1386 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.50%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BULL was trading at $9.22 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $4.9B. The 52-week trading range was $4.50 to $16.04. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.