Webull Corporation financial performance and market growth

Webull Corporation reported record second-quarter 2026 revenue of $198.8 million, a 51% increase year-over-year, alongside a net profit of $24.4 million. This performance marked a significant shift from a $28.3 million loss in the same period the previous year. Growth was largely attributed to trading-related activities, particularly options and equity revenue, aided by the elimination of the Pattern Day Trader rule.

Following these results, Webull's stock price rose 8.9% as market sentiment improved. This momentum was supported by upward earnings revisions from Northland Securities and the company’s technological expansion, including the launch of Vega AI in Hong Kong. While the company continues to implement cryptocurrency features to expand that segment, it remains a marginal contributor to total revenue.

In September 2026, Webull expanded its international footprint by completing the acquisition of approximately 99.36% of Thailand-based Pi Securities for roughly US$100 million. The deal, approved by the Securities and Exchange Commission of Thailand, involved purchasing 90.98% of the firm from Country Group Holdings for US$90 million and an additional 8.38% from another shareholder for US$10 million. Through this acquisition, Webull aims to reach a combined asset under management (AUM) of THB 200 billion in Thailand by integrating Pi Securities’ expertise in equities, derivatives, and wealth management with Webull’s technological and AI capabilities.

Concurrently, Webull President Anthony Michael Denier sold 53,846 shares of company stock on September 8th at an average price of $9.58, totaling approximately $515,844. The sale was conducted under a pre-arranged Rule 10b5-1 trading plan.