Webull reports record Q2 earnings of $199M, up 51% year over year

Webull just turned in the kind of quarter that makes competitor CFOs stare at spreadsheets a little longer. The digital brokerage posted $198.8 million in revenue for Q2 2026, a 51% jump from the same period last year and comfortably its best quarter on record. Operating profit hit $62.6 million, also a record. For a company that went public barely 15 months ago, that’s the kind of trajectory that turns skeptics into believers. Beating the Street by a wide margin Wall Street had penciled in somewhere between $175 million and $183 million in revenue for the quarter, with earnings per share estimates hovering around $0.03. Webull blew past the top end of that range by roughly $16 million. The beat looks even more impressive when stacked against the company’s own recent history. In Q1 2026, Webull reported $159.9 million in revenue, which represented a 36% year-over-year increase and adjusted operating profit of $14.8 million. The sequential jump from Q1 to Q2, nearly $39 million in additional revenue and a massive leap in operating profit, suggests the growth is accelerating rather than plateauing. The company, which trades on the Nasdaq under the ticker BULL, is scheduled to discuss...