Webull annual operating margin
2022
2023
2024
2025
Webull Operating Margin Growth & History (BULL)
Webull's operating margin was 10.24% for fiscal 2025.
View full Webull company overviewWebull annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 10.24% | +13.92 pp |
| 2024 | 2024-12-31 | −3.68% | −9.58 pp |
| 2023 | 2023-12-31 | 5.90% | −11.76 pp |
| 2022 | 2022-12-31 | 17.65% | — |
Webull quarterly operating margin
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 22.86% | +25.69 pp |
| Q1 2026 | 2026-03-31 | −1.49% | −19.03 pp |
| Q4 2025 | 2025-12-31 | 10.41% | — |
| Q3 2025 | 2025-09-30 | 15.56% | — |
| Q2 2025 | 2025-06-30 | −2.83% | — |
| Q1 2025 | 2025-03-31 | 17.54% | — |
Webull operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Webull's operating margin decreased from 17.65% to 10.24%, a change of −7.41 percentage points. The latest reported quarter, Q2 2026, shows 22.86%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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