Crypto generated about 1% of Webull’s record $198M Q2 revenue
Summary
Webull reported record second-quarter 2026 revenue of $198 million, up 51% year over year and slightly above Wall Street estimates. Crypto trading contributed $2.25 million, just over 1% of total revenue, while equity and options trading generated $112 million, or about 56% of the total. Management said crypto conditions are beginning to improve and said the company is gradually adding crypto deposit and withdrawal features. The results contrasted with Robinhood, where crypto transaction revenue fell sharply year over year. Webull’s shares rose after the earnings release.
