Webull Revenue Jumps 36% on Trading Surge, But Costs Push Firm to Loss
Webull reported strong growth in the first quarter of 2026, with revenue reaching $159.9 million in the first quarter, up 36% year-over-year. The increase was supported by higher trading activity and rising client assets, even as increased spending led to a net loss. The online brokerage said demand from active traders remained firm despite a…