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Webull Reports First Quarter 2025 Financial Results
- Webull Corporation reported strong performance for its first fiscal quarter of 2025 and announced that its shares and warrants began trading on Nasdaq starting May 22, 2025.
- These results followed Webull’s strategic execution, including a completed business combination after Q1, partnerships with Kalshi and Visa, and product enhancements such as Webull Premium and the Advisors platform.
- Webull reported a 32% year-over-year revenue increase to $117.4 million, driven by 44% growth in daily average revenue trades and a 45% rise in customer assets to $12.6 billion, supported by strong net deposits.
- Group President Anthony Denier expressed satisfaction with the excellent performance in the first quarter, attributing it to notable increases in both user accounts and trading activity, which demonstrate the ongoing popularity of Webull’s unique trading platform.
- The results suggest Webull’s continuing growth and profitability as it focuses on global distribution, expands its product portfolio, and aims to strengthen its position as a leading retail investment platform.
37 Articles
37 Articles
Webull Reports First Quarter 2025 Financial Results - IT News Direct
Total revenues grew 32% year-over-year to $117 million, reflecting strong account and trading volume growth Customer assets increased 45% year-over-year, driven by increased customer net deposits Disciplined execution alongside robust revenue growth driving profitability ST. PETERSBURG, Fla., May 22, 2025 /PRNewswire/ — Webull Corporation (NASDAQ: BULL) (“Webull” or the “Company”) today announced financial results for the quarter ending March 31…
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