Webull (BULL)
Digital brokerage combining multi-asset trading with market data and analytical tools.
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Offers self-directed and institutional investors trading in stocks, ETFs, options, futures, digital assets, and related cash and margin products, supported by market data and analytical tools. Revenue comes mainly from trading activity and interest income, with locally licensed brokerages operating on a shared global technology platform.
Provides a digital investment platform for self-directed traders across mobile, web, desktop, and API interfaces. Brokerage products include stocks, ETFs, options, fractional shares, futures, digital assets, margin lending, cash management, and advisory services, supported by market data, charting, education, paper trading, and an investor community.
Operates through locally licensed brokerages across North America, Asia Pacific, Europe, Africa, and Latin America. A shared technology stack carries research, watchlists, orders, and positions across devices while supporting localized products and institutional services.
Revenue comes primarily from trading activity—especially U.S. order-flow rebates—and interest income from stock lending and margin financing; markets outside the United States generally charge commissions. Results depend on trading volumes, interest rates, market makers, liquidity providers, clearing partners, cybersecurity, and local regulatory approvals. A founder-controlled dual-class structure concentrates most voting power.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $925.4M · Total debt $78.7M · Total assets $4.11B · Shareholders' equity $1.04B
- Revenue
- $198.8M
- Operating income
- $45.5M
- Net income
- $24.4M
No dividends on record.
| Institutions | ≈ 36.89% | 196.18M shares | |
|---|---|---|---|
| 250 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 18.39% | 97.80M shares | |
| 4 holders · as of Sep 16, 2026 | |||
| Other | ≈ 44.72% | 237.84M shares | |
| remainder | |||
531.82M company shares as of Aug 25, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Anquan Wang1Insiderdirector, 10 percent owner, officer: Chief Executive Officer | 18.24% | 96.80M · 200,000 | filed Apr 28, 2026 |
Tianjin Nuofeng Enterprise Management Consulting Partnership (Limited Partnership)Institution | 7.07% | 37.59M | filed Aug 12, 2025 |
Peak6 LLCInstitution | 5.57% | 29.65M | as of Jun 30, 2026 |
Susquehanna International Group, LLPInstitution | 5.13% | 27.30M | as of Jun 30, 2026 |
PEAK6 Capital Management LLCInstitution | 5.11% | 27.18M | filed Feb 11, 2026 |
- Anquan Wang's transaction reports restate only vehicles that traded; the 2026 ownership statement (96.80M) is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 14, 2026 | Haichen Wang | director, officer: Chief Financial Officer | −55,000 | $8.98 |
| Sep 8, 2026 | Anthony Michael Denier | director, officer: President | −53,846 | $9.58 |
| Aug 25, 2026 | Anthony Michael Denier | director, officer: President | −53,848 | $8.83 |
| Aug 21, 2026 | Benjamin Worthy James | director, officer: General Counsel | −50,273 | $9.02 |
| May 26, 2026 | Anthony Michael Denier | director, officer: President | −75,000 | $6.22 |
- Robinhood Markets
Direct digital-brokerage overlap in active retail trading
- Charles Schwab
Scale brokerage and thinkorswim overlap in retail trading
- Interactive Brokers
Global active-trader platform overlaps across assets and margin
- Morgan Stanley
E*TRADE overlaps in active trading and retail investing
- Futu (ADR)
moomoo overlaps in cross-market mobile brokerage
- Coinbase
Crypto trading overlap as Coinbase expands into multi-asset exchange
- SoFi
App-based investing and cash products overlap with beginner investors
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Webull | $8.13 | −1.45% | $4.39B | 100.6 | 28.6 | 6.4 | +51.2% |
| Robinhood Markets | $125.13 | +1.48% | $110.86B | 54.3 | 51.4 | 22.5 | +32.3% |
| Charles Schwab | $101.08 | −5.43% | $185.88B | 19.4 | 14.0 | 6.2 | +20.9% |
| Interactive Brokers | $91.86 | −1.45% | $161.07B | 37.3 | 31.3 | 14.5 | +31.9% |
| Morgan Stanley | $200.63 | −2.66% | $325.12B | 16.8 | 15.2 | 2.6 | +36.8% |
| Futu (ADR) | $114.58 | +0.46% | $15.92B | 11.3 | 10.6 | 4.8 | +35.7% |
| Coinbase | $201.98 | +0.46% | $53.04B | — | 309.0 | 9.6 | −18.5% |
| SoFi | $17.26 | +1.68% | $21.77B | 35.4 | 23.6 | 3.9 | +41.0% |
| Median | 27.4 | 23.6 | 6.2 | +32.3% |