Webull Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	653.19	270.73	372.34	436.22
Short-Term Investments	1,537	939.23	621.8	61.1
Accounts Receivable	1,272	566.97	76.29	52.14
Other Receivables	-	2.99	12.94	8.48
Property, Plant & Equipment	100.25	99.92	46.21	44.43
Goodwill	30.26	5.2	5.2	-
Other Intangible Assets	55.43	19.42	21.4	18.04
Investments in Debt & Equity Securities	172.31	108.25	45.53	0.49
Other Current Assets	50.21	43.58	53.77	467.15
Long-Term Deferred Tax Assets	9.35	12.37	4.65	3.65
Other Long-Term Assets	1	-	0.02	-0
Total Assets	3,881	2,069	1,260	1,092
Accounts Payable	2,671	1,390	642.83	83.94
Accrued Expenses	102.18	42.21	27.19	48.63
Current Portion of Leases	3.61	4.97	3.47	2.51
Other Current Liabilities	-	9.21	7.02	428.03
Long-Term Debt	65	-	-	-
Long-Term Leases	8.91	10.44	9.59	9.63
Long-Term Deferred Tax Liabilities	13.37	5.29	5.77	5.45
Total Liabilities	2,864	1,462	695.88	578.18
Common Stock	0.01	0.01	0.01	0
Additional Paid-In Capital	3,193	-	-	-
Retained Earnings	-2,178	-2,241	-1,756	-1,444
Comprehensive Income & Other	1.52	-15.2	-6.86	-8.52
Total Common Equity	1,016	-2,256	-1,763	-1,453
Minority Interest	0.19	1.27	0.66	-
Shareholders' Equity	1,016	606.77	564.26	513.5
Total Liabilities & Equity	3,881	2,069	1,260	1,092
Total Debt	77.52	15.41	13.07	12.14
Net Cash (Debt)	2,113	1,195	981.07	485.18
Net Cash Growth	76.87%	21.76%	102.21%	-
Net Cash Per Share	5.32	8.60	7.11	3.61
Filing Date Shares Outstanding	523.45	461.45	40.81	40.41
Total Common Shares Outstanding	523.45	139.31	40.81	40.41
Working Capital	735.15	377.34	456.63	461.98
Book Value Per Share	1.94	-16.20	-43.20	-35.95
Tangible Book Value	930.59	-2,281	-1,789	-1,471
Tangible Book Value Per Share	1.78	-16.37	-43.85	-36.40

Source: S&P Capital IQ. Capital Markets template. Financial Sources.