Webull Q4 Revenue Tops $165.2M With 4¢ EPS and 84% Asset Growth
Webull reported Q4 revenue of $165.2 million and EPS of $0.04, capping revenue growth from $117.4 million in Q1 to $156.9 million in Q3. Customer assets rose 84% year-over-year to $21.2 billion with DARTs above 1.1 million, while shares trade below 20- and 100-day moving averages.
1. Q4 Financial Performance
Webull reported quarterly revenue of $165.2 million in Q4, exceeding the $160.8 million consensus estimate, and delivered earnings per share of $0.04 in line with forecasts. This result capped a year of sequential top-line growth from $117.4 million in Q1 to $156.9 million in Q3.
2. Customer Metrics and Strategic Moat
Customer assets climbed 84% year-over-year to $21.2 billion while daily average revenue trades topped 1.1 million, underscoring the platform’s reliance on active retail engagement. CEO Anthony Denier emphasizes serious self-directed traders as Webull’s moat and highlights development of prediction markets and the planned reintroduction of crypto as key growth levers.
3. Technical Indicators and Stock Outlook
Shares are trading 1.5% below their 20-day moving average and 2.3% below their 100-day moving average, with an RSI reading of 50 indicating neutral momentum and a MACD that suggests mild bearish pressure. These mixed signals underscore the importance of upcoming derivatives offerings and risk controls on investor sentiment.