Webull Corporation achieved strong financial results in Q3 2025, with a 55% year-over-year revenue growth driven by increased trading volume and strategic product expansions.

• Revenue reached $156.9 million, attributed to record customer assets of $21.2 billion, aided by the Webull Pay acquisition.
• Equity trading volume surged by 71% year over year, contributing to the firm’s growth momentum.
• Adjusted operating profit was $36.7 million, reflecting a 28.7% increase in adjusted operating margin to 23.4%.
• Successful reintroduction of crypto trading and launch of AI-driven product enhancements are driving user engagement and account growth.
• Significant market liquidity improvement following the expiration of shareholder lockup restrictions in early October.