Webull Corporation Class A (BULL) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$5.33 -3.62% NASDAQ • Public Delayed / 60s Snapshot

Webull Corporation Class A (BULL) carries a Roarable Rating of C+ (Hold) with 66/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.

ROARABLE C+ • HOLD / WATCH Cap $2.88B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERHOLD / WATCH • C+
025507510066
JEV AI Jury Split (Battleground)
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw D+ · Rk B+
Cash (12)Whales (10)SEC (16)Macro (16)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+3.6% Base Target
$11 Bull$6 Base$4 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:50% Call Buyers ($2.3M)
50% PutsMax Pain: $5.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How BULL Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$561.5M (14% FCF Margin)
Revenue$4.00BGross Profit $0 (0%)Cost of Sales $4.00BOp Profit $0 (0%)OpEx (R&D/SG&A) $0Net Profit$24.8M (0.6%)Tax/Other $0

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $4.00B
FY24
Rev $4.00B
FY25
Rev $4.00B
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$4.00B0%0.7%$24.8M$561.5M1.4%
FY 2024$4.00B0%-0.7%-$22.7M$182.8M-45%
FY 2023$4.00B0%0.2%$6.1M$470.6M0.6%
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Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring BULL)

  • ✓Live walkthrough of BULL's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
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RQD INSIDER CLUB UPGRADE$49/YEAR
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BULL // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -24.30%🛡️ HOLDING TREND SUPPORT
2026-10-30O $5.21H $5.21L $4.93C $5.17VOL 18.63M
RES: $11.60SUP: $5.01SMA50: $7.49SMA200: $6.84
$10.56$9.03$7.51$5.98$4.46RES $11.60SUP $5.01$5.172026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

BULL Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
48.0%/yr Implied 5Y Growth

vs. +11.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on BULL today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for BULL. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for BULL today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

BULL Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Webull Corporation Class A (BULL)?

In FY 2025 (10-K), BULL converted $4.0B of revenue into a 0% gross margin, 0% operating margin, and $561.5M in free cash flow (14% FCF margin).