Webull Q2 Financial Report Shows Record High, Revenues Reach $198 Million
2026-08-20 19:32:10
According to CoinMeta, financial reports released by the online brokerage and digital trading platform Webull show that it achieved a record high quarterly revenue of $198 million (approximately $198.8 million in actual terms) in the second quarter of 2026, a year-on-year increase of 51%. Among this, cryptocurrency trading contributed about $2.25 million, accounting for just over 1% of the total revenue, while income from stock and options trading reached $112 million (about 56%). The president and director of Webull, Anthony Michael Denier, stated during a financial report conference call that there have been signs of improvement in the crypto business over the past nine months, and the company is currently gradually launching features for depositing and withdrawing crypto assets. Thanks to second-quarter performance that exceeded Wall Street's expectations, Webull's stock price rose by 8.9% on Wednesday and once climbed nearly 15% during pre-market trading.
Source:X
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