Webull (BULL) revenue breakdown
By product, Equity and option order flow rebates is the largest at 53% of fiscal 2025 revenue; Handling charge income grew fastest, 117% a year over 3 years.
Revenue by product
Fiscal years, as Webull reports them in its 10-K filings; fiscal 2025 total $571M.
| Products | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|
| Equity and option order flow rebates | $279M | $192M | $197M | $304M | 53% |
| Interest related income | $92M | $156M | $130M | $154M | 27% |
| Handling charge income | $9M | $31M | $49M | $87M | 15% |
| Other revenues | $9M | $11M | $14M | $25M | 4% |
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Where does Webull make its money?
In fiscal 2025, by product: Equity and option order flow rebates $304M, Interest related income $154M, Handling charge income $87M, Other revenues $25M.
From Webull's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.