Abstract:Webull reported Q2 2026 revenue of $198.8 million and net income of $24.4 million, with trading-related revenue rising 66% year over year.

Webull reported total revenue of $198.8 million for the second quarter of 2026, up 51% from $131.5 million a year earlier.
Net income attributable to the company was $24.4 million, compared with a $28.3 million loss in the same period of 2025.
Trading-related revenue reached $147.7 million, an increase of 66% year over year.

Options remained the largest disclosed trading category, generating $88.4 million in revenue compared with $56.2 million a year earlier.
Equity-related revenue rose from $19.6 million to $33.5 million.
During the quarter, options volume reached 213 million contracts, up 68%, while equity notional volume increased 73% to $279 billion.
Trading-related revenue represented about 74% of Webulls total quarterly revenue.
Webull reported $28.5 billion in customer assets at the end of the quarter, up 79% year over year.
Funded accounts increased 8% to 5.13 million, while registered users rose 13% to 28.2 million.
The difference between the growth rates in accounts and trading revenue indicates that higher activity from existing users played a significant role in the quarterly results.
Operating expenses increased 13% to $153.4 million, while adjusted operating profit rose to $62.6 million from $23.3 million.
After the quarter ended, customer assets declined to $27.3 billion, while funded accounts remained around 5.1 million.
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