Webull funded accounts in fiscal 2026
Short Answer
The model assigns lower odds to Webull having above 5.25 million funded accounts in fiscal 2026 (56.6% model vs 77.0% market), reflecting a significant slowdown in net account additions in Q2 2026 that makes substantial growth challenging.
1. Market Behavior & Drivers
This market, which resolves on the number of Webull funded accounts in fiscal 2026, experienced a single, sharp price movement. On July 29, 2026, the probability of the outcome exceeding 5.25 million accounts jumped from 1.0% to 77.0%. It has held at that level since. The driver for this 76-point spike is not identified in available information. The move occurred after a June 2026 report stating Webull had reached 5.1 million funded accounts, a figure below the market's resolution threshold.
The price action indicates a significant shift in sentiment, but the trading volume is exceptionally low. With a total of only four contracts traded, the market is highly illiquid. This thin volume suggests the price level of 77.0% may not reflect broad market consensus or conviction. Due to the limited trading history and the single price jump, no meaningful support or resistance levels have been established. The current price implies high confidence in Webull surpassing the 5.25 million account target, but this reading is significantly weakened by the lack of trading depth.
- Achieving 5.25 million faces challenge from flat Q2 account growth.
- Higher funded account totals lack explicit analyst projections or evidence.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Above 5.35 million | 29.0% | 30.6% | Model higher by 1.6pp |
| Above 5.25 million | 76.0% | 56.6% | Market higher by 19.4pp |
| Above 5.3 million | 54.0% | 30.6% | Market higher by 23.4pp |
| Above 5.65 million | 7.0% | 1.5% | Market higher by 5.5pp |
| Above 5.5 million | 16.0% | 13.4% | Market higher by 2.6pp |
Current Context
Webull's Q1 2026 showed account growth despite a net loss. Webull reached 5.1 million funded accounts as of June 2026, holding stable since May 2026 and marking a year-over-year increase of approximately 400,000 [1]. For the first quarter of 2026, Webull reported total revenue of $159.9 million, a 36% increase year-over-year [2][3]. The company incurred a net loss of $21.7 million in Q1 2026, while customer assets grew to $24 billion, a 90% rise year-over-year [2][3].
Market sentiment for Webull remains cautiously positive. Despite Q1 2026 revenue and EPS missing consensus estimates, investors focused on operational strengths such as record trading volumes and robust net deposits [4]. Analysts project Webull's full-year 2026 sales at $750.39 million [4]. Recent strategic developments in July 2026 include the launch of Webull Institutional, an enhanced paper trading experience, and the introduction of Managed Bond Portfolios [5][6][7].
Sources (7)
- 1Webull Corporation Reports June 2026 Operating Dataprnewswire.com
- 2Webull Reports First Quarter 2026 Financial Resultssec.gov
- 3Webull Reports First Quarter 2026 Financial Resultsprnewswire.com
- 4Webull Corp (NASDAQ:BULL) Q1 2026 Resultschartmill.com
- 5Webull Launches Managed Bond Portfolios Powered by Momentprnewswire.com
- 6Webull Unveils Enhanced Paper Trading Experience with Professional-Grade and OpenAPI Multi-Asset Simulationprnewswire.com
- 7Webull Launches Institutional Platform for Brokers, Hedge Funds, Advisors, Fintechs, and Financial Institutionsprnewswire.co.uk
2. Price Chart
Historical Price (Probability)
Outcome probability
Date
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📈 July 29, 2026: 76.0pp spike
Price increased from 1.0% to 77.0%
Outcome: Above 5.25 million
What happened: The provided research does not identify a primary driver for the 76.0 percentage point price spike in the "Webull funded accounts in fiscal 2026" market on July 29, 2026, for the "Above 5.25 million" outcome. As of June 2026, Webull reported 5.1 million funded accounts, which is below the threshold for the prediction market outcome [1]. Although Webull saw increased trading activity and revenue in Q2 2026 due to a June 4, 2026 FINRA rule change, this surge was explicitly not driven by account count growth [2][3]. No social media activity from key figures or traditional news directly supporting a rise in funded accounts to above 5.25 million was found for July 29, 2026. Therefore, social media was irrelevant based on the available information.
4. Market Data
Contract Snapshot
This market resolves based on the total number of Webull's funded accounts in fiscal year 2026. A "Yes" resolution for a specific contract occurs if the number of funded accounts is above the specified million threshold, and a "No" resolution occurs if it is at or below that threshold. Trading for the market begins on February 25, 4:00 PM EST.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Above 5.25 million | $0.80 | $0.25 | 76% |
| Above 5.3 million | $0.63 | $0.46 | 54% |
| Above 5.35 million | $0.38 | $0.71 | 29% |
| Above 5.55 million | $0.14 | $0.96 | 26% |
| Above 5.6 million | $0.12 | $0.97 | 25% |
| Above 5.4 million | $0.26 | $0.83 | 18% |
| Above 5.45 million | $0.21 | $0.89 | 18% |
| Above 5.5 million | $0.18 | $0.92 | 16% |
| Above 5.65 million | $0.08 | $0.98 | 7% |
Market Discussion
Webull reported 5.1 million funded accounts as of the end of June 2026, a figure flat month-over-month since April 2026 but representing a year-over-year increase of approximately 400,000 accounts [1][2]. While 132,000 new funded accounts were added in Q2 2026, net growth was 22,000 after 72,000 account closures via escheatment [1][2]. Trader sentiment is extremely bullish, driven by increased retail trading activity, June 2026 FINRA rule changes, and new product rollouts, with analysts projecting a potential $10.19 price target based on this momentum [3][4][5][6].
Sources (6)
- 1Webull Corporation Reports June 2026 Operating Dataprnewswire.com
- 2Webull June Operating Data: $105.8B Equity Volume | BULL Stock Newsstocktitan.net
- 3Webull Stock Is One to Watch as Trading Activity Picks Up - 24/7 Wall St.247wallst.com
- 4Live: Can Webull's Q1 Earnings Tonight Spark a Recovery? - 24/7 Wall St.247wallst.com
- 5BULL Stock Hits Six-Month High And Clears 200DMA — Retail Stays Optimistic As Webull Unveils Enhanced Trading Simulatorstocktwits.com
- 6Webull ($BULL): The Case for a Return to IPO Valuationthecontrariankiwi.substack.com
5. Trust Index
Order book is critically thin.
Primary risk· Trade quality
How it adds up
Integrity80% of score67Caution
Trade quality20% of score5Avoid
Includes the cost to trade: a $1,000 order can't be filled here because the order book is too thin.
Trust score51Caution
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
Trust profile
Market integrity93
Outcome is hard to influenceStrong
Info fairness40
High Risk
Trade quality5
Order book is critically thinAvoid
6. How might Webull's new initiatives, like Webull Institutional and Managed Bond Portfolios launched in July 2026, impact its funded account growth for the remainder of the fiscal year?
| Funded Accounts as of June 30, 2026 | 5.1 million [1][2] |
|---|---|
| New Funded Accounts in Q2 2026 | 132,000 [1][2] |
| Net Funded Account Increase in Q2 2026 | 22,000 [1][2] |
Webull's funded account growth flattened during the second quarter of 2026. The company maintained 5.1 million funded accounts as of June 30, 2026, after experiencing flat month-over-month growth throughout the period [1][2]. During Q2 2026, Webull added 132,000 new funded accounts, but this was largely offset by 72,000 account closures attributable to escheatment and other outflows, resulting in a net increase of only 22,000 funded accounts for the entire quarter [1][2].
Webull launched two strategic initiatives in July to diversify offerings. To counter the plateauing growth, Webull introduced Webull Institutional on July 7, 2026, targeting B2B clients such as brokers, hedge funds, and fintech companies [3]. Additionally, Managed Bond Portfolios launched on July 27, 2026, providing retail investors access to fixed-income strategies with low minimum investments ranging from $500 to $2,000, intending to compete with traditional robo-advisors [4][5].
New initiatives aim to diversify revenue and expand Webull's market reach. These new offerings are strategically positioned to broaden Webull's addressable market and diversify its revenue streams [4][5][6]. By attracting institutional and B2B partners and enhancing wealth management tools for existing retail users, the company intends to mitigate the flat funded account growth observed in the first half of 2026 [4][5][6]. However, specific projections or metrics regarding their expected impact on funded account growth for the remainder of fiscal year 2026 were not provided [4][5][6].
Sources (6)
- 1Webull Corporation Reports June 2026 Operating Dataprnewswire.com
- 2Webull Corporation Reports June 2026 Operating Datanasdaq.com
- 3Webull Launches Institutional Platform for Brokers, Hedge Funds, Advisors, Fintechs, and Financial Institutionsprnewswire.co.uk
- 4Webull Launches Managed Bond Portfolios Powered by...prnewswire.com
- 5EXCLUSIVE: Webull Just Made 'Smart Money' Bond Strategy Available For $500daytraders.com
- 6Webull Corp (BULL) Q1 2026 Earnings Call Highlightsfinance.yahoo.com
7. What are the consensus analyst projections for Webull's key performance indicators, including funded accounts and revenue, for the full fiscal year 2026?
| FY2026 Revenue Projection | $715 million to $744 million [1][2][3] |
|---|---|
| Q3 2026 Revenue Estimate | $182.57 million [1] |
| Q4 2026 Revenue Estimate | $186.66 million [1] |
Webull's 2026 full fiscal year revenue is projected to be robust. Analyst consensus estimates for Webull's full fiscal year 2026 revenue range approximately from $715 million to $744 million [1][2][3]. Quarterly revenue consensus estimates for 2026 show some variability, with projections for Q3 at $182.57 million and Q4 at $186.66 million [1].
Specific analyst consensus for funded accounts in 2026 is unavailable. While there are no specific consensus analyst projections for Webull's funded accounts for the full fiscal year 2026, the company reported 5.1 million funded accounts as of June 2026 [4]. This figure remained flat compared to May 2026, although it represents a year-over-year growth of approximately 400,000 accounts [4].
Sources (4)
8. How did Webull's funded account growth rate in the first half of 2026 compare to that of key competitors like Robinhood and Charles Schwab?
| Webull H1 2026 Funded Accounts | 5.1 million (flat) [1][2] |
|---|---|
| Robinhood Q1 2026 Funded Customer Growth | Approximately 1.5% [3][4][5] |
| Charles Schwab Q2 2026 Active Brokerage Account Growth | Approximately 1.8% [4] |
Webull's funded accounts experienced no significant growth in the first half of 2026. The platform's funded accounts remained flat at 5.1 million throughout the period, indicating 0% growth over the six months. While the first quarter of 2026 reported an 8% year-over-year growth, the second quarter only saw a net addition of 22,000 funded accounts. This net increase resulted from 132,000 new additions counteracted by 72,000 account closures due to escheatment [1][2].
In contrast, key competitors reported modest funded account growth during the period. Robinhood saw approximately 1.5% growth in funded customers during the first quarter of 2026, increasing its base from 27.0 million at the close of 2025 to 27.4 million by the end of Q1 2026, and further reaching 27.7 million by May 2026 [3][4][5]. Similarly, Charles Schwab's active brokerage accounts grew by roughly 1.8% in the second quarter of 2026, expanding from 39.1 million to 39.8 million accounts [4].
Sources (5)
- 1Webull Corporation Reports June 2026 Operating Dataprnewswire.com
- 2Webull Corporation Reports June 2026 Operating Datamorningstar.com
- 3Robinhood vs Schwab Statistics 2026: Assets, Users • CoinLawcoinlaw.io
- 4Schwab Charles Corp (SCHW) 8-K Earnings Release - Jul 2026last10k.com
- 5Robinhood Markets, Inc. (HOOD) 1Q26 Earnings Reviewthediversifiedfinsanalyst.substack.com
9. What is the official financial reporting calendar for Webull for the remainder of fiscal 2026, and when will Q2 and Q3 operating data be released?
| Q2 2026 Earnings Expected | August 27, 2026 [1] |
|---|---|
| June 2026 Operating Data Release | July 15, 2026 [2] |
| Q1 2026 Earnings Report | May 21, 2026 [3][1][4] |
Webull does not provide a comprehensive, fixed financial reporting calendar. While Webull Corporation does not maintain a pre-announced official calendar for all its future fiscal 2026 financial reporting [3], specific dates are available for certain key reports. The company's second quarter (Q2) 2026 earnings report is expected to be announced on August 27, 2026 [1].
Monthly operating data supplements Webull's financial reporting schedule. In addition to earnings reports, Webull provides monthly operating data [2]. For example, the June 2026 operating data, which included information on funded accounts, was released on July 15, 2026 [2]. The research does not specify the release date for Q3 2026 operating data. For historical context, past earnings reports include Q4/Full Year 2025 on March 4, 2026, and Q1 2026 on May 21, 2026 [3][1][4].
Sources (4)
- 1Webull Corp (BULL) Earnings: Latest Report, Earnings Call...public.com
- 2Webull Corporation Reports June 2026 Operating Dataprnewswire.com
- 3Webull to Release First Quarter 2026 Results on May 21, 2026 | Morningstarmorningstar.com
- 4Webull Reports Fourth Quarter and Full Year 2025 Financial Results | Nasdaqnasdaq.com
10. What is the forecasted impact of projected market volatility in H2 2026 on retail trading activity and net deposits at brokerages like Webull?
| Retail Trading Volume Decline | 9.3% quarter-on-quarter (Q2 2026 vs Q1 2026) [1] |
|---|---|
| Monthly Average Retail Trading Volume | $30.4 trillion (Q2 2026) [1][2] |
| Webull Funded Accounts | 5.1 million (June 2026) [3] |
Brokerage performance remains highly sensitive to market volatility in H2 2026. Industry forecasts indicate that brokerage performance in the second half of 2026 will likely be highly sensitive to shifting interest rate expectations, investor sentiment, and overall market volatility [4][5][6]. Elevated market volatility is a key driver of retail trading activity and typically boosts trading revenue. Conversely, periods of sustained calm conditions and lower volatility, like those seen in the latter part of H1 2026, have been associated with reduced short-term trading frequency among retail clients [5][6].
Retail trading volumes declined in Q2 2026 as volatility subsided. This sensitivity to market conditions was evident in Q2 2026, when retail trading volumes for FX and CFDs experienced a 9.3% quarter-on-quarter decline from Q1 2026 [1]. This drop resulted in a monthly average of $30.4 trillion as market volatility subsided from its earlier peak levels in the year [1][2]. Consequently, retail trading activity is anticipated to continue responding directly to the level of market volatility present in H2 2026.
Webull showed asset growth but faces risks from market disruptions. For specific brokerages, Webull reported 5.1 million funded accounts as of June 2026, showing no month-over-month growth from May 2026 [3]. Despite this stagnation in account numbers, Webull demonstrated resilience in customer asset growth, reaching $24 billion in total assets as of Q1 2026, primarily driven by strong net deposits [7][8]. However, the company acknowledges that significant market disruptions, particularly within the cryptocurrency sector, pose risks to user engagement and deposit activity [3]. This suggests that extreme volatility or major market disruptions could negatively impact Webull's net deposits and user engagement.
Sources (8)
- 1Retail CFD Broker Volumes Fall 9% to $30.4 Trillion in Q2 2026financemagnates.com
- 2Retail FX and CFD Volumes Ease to $30.4 Trillion in Q2 2026-News-WikiFXwikiclientpc.juhong688.com
- 3Webull Corporation Reports June 2026 Operating Dataprnewswire.com
- 4Robinhood second-quarter results: Growth in prediction markets scrutinized amid profitability challengets2.tech
- 5Charles Schwab stock stabilizes as higher interest income offsets softer trading activityad-hoc-news.de
- 6Charles Schwab Quarterly Profit Surges 32% on Record Retail Trading Amid Market Volatility - Earnings Cycle Outlookmanuales.uta.edu.ec
- 7Webull Reports First Quarter 2026 Financial Resultsprnewswire.com
- 8Webull (BULL) Q1 2026 Earnings Call Transcript | The Motley Foolfool.com
11. What Could Change the Odds
Key Catalysts
Several catalysts may shape Webull's performance. The June 4, 2026, FINRA rule change regarding pattern day trading could impact market dynamics [1]. The firm's expansion into institutional clearing services, launched in July 2026, represents a new operational vector [2]. Additionally, the adoption of AI-driven tools like Vega contributes to its technological positioning [3]. Long-term growth is tied to international market penetration and continued institutional scaling [4][5][6].
However, the firm faces distinct risks. Regulatory uncertainty surrounding Payment for Order Flow (PFOF) persists [2]. Potential government inquiries related to China also introduce a bearish risk [3]. Rising operating expenses have outpaced revenue growth, contributing to a GAAP net loss of $21.7 million in Q1 2026, despite a 36% year-over-year revenue increase to $159.9 million and a 90% year-over-year rise in customer assets to $24 billion [7][2]. This operational expansion underpins a cautious near-term outlook for Q2 2026 earnings [7][2][5][6].
Key Dates & Catalysts
- Expiration: May 26, 2027
- Closes: May 26, 2027
Sources (7)
- 1Webull Stock Is One to Watch as Trading Activity Picks Up - 24/7 Wall St.247wallst.com
- 2Can Webull Stock Generate 4x Returns By 2030? - 24/7 Wall St.247wallst.com
- 3Prediction: Webull Set for 50% Jump - AOLaol.com
- 4Webull Corporation Reports June 2026 Operating Dataprnewswire.com
- 5Northland Securities Decreases Earnings Estimates for Webullmarketbeat.com
- 6Webull Corp (NASDAQ:BULL) Q1 2026 Resultschartmill.com
- 7Webull Reports First Quarter 2026 Financial Resultsprnewswire.com
