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Webull Posts Record Q2 Revenue and Operating Profit

Strong sequential growth suggests Webull's commission-free platform is scaling to convert higher revenue into bigger profit gains.

Overview

  • Webull, which reported results on Wednesday, August 19, 2026, posted $198.8 million in Q2 revenue, a 51% rise from a year earlier.
  • The company recorded a $62.6 million operating profit for the quarter, its highest on record.
  • Webull beat Wall Street revenue estimates by about $16 million versus the $175–$183 million consensus range.
  • The quarter shows clear sequential acceleration from Q1, when revenue was $159.9 million and adjusted operating profit was $14.8 million, signaling stronger unit economics and operating leverage.
  • Founded in 2016 and taken public via a SPAC in April 2025, Webull trades under the ticker BULL and is expanding products such as Managed Bond Portfolios that could help attract more customer assets and drive future revenue growth.