Webull Posts Q1 Revenue Beat, EPS In Line — Stock Fights Back

by | May 21, 2026 | General

Webull Corp. (NASDAQ:BULL) stock tried to regain losses from the regular trading session after the company posted its first-quarter results following Thursday’s closing bell.  

Here’s a look at the details inside the report. 

Webull Q1 Details 

Webull reported quarterly earnings of three cents per share, which met the consensus estimate, according to Benzinga Pro data.

Quarterly revenue clocked in at $159.93 million, which beat the Street estimate of $158.15 million and was up from $117.37 million in the same period last year.

Webull reported the following first-quarter operational and financial data:

  • Customer assets totaled $24 billion, representing 90% year-over-year growth, driven by strong net deposits, which grew 91% year-over-year despite a challenging market environment.
    Registered users increased 15% year-over-year to 27.6 million users.
  • Funded accounts increased to 5.1 million, representing 8% year-over-year growth.
  • Equity notional volume grew to $261 billion, representing a 104% year-over-year increase and an increase of 9% from the previous quarter.
  • Options contracts volume grew to 159 million, a 31% year-over-year increase and an increase of 3% from the previous quarter.
  • DARTs increased to 1.3 million, representing 42% year-over-year growth.
  • Trading-related revenue increased 36% year-over-year.
  • Adjusted operating expenses increased 64% year-over-year to $145.1 million.

“I’m proud to report a strong start to our second year as a public company and meaningful progress in enhancing, expanding and extending our leading-platform for self-directed active traders,” said Anthony Denier, U.S. CEO of Webull.

“We continue to innovate in AI, including beta-testing for our Vega Analyst, which will bring comprehensive research reports to our users, as well as launching agentic trading solutions on Webull,” Denier added.


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BULL Stock Price: According to data from Benzinga Pro, Webull stock was up 1.66% to $6.72 in Thursday’s extended trading.  

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