While Webull reported a record $198 million in second-quarter revenue, cryptocurrency trading only generated about $2.25 million of the quarter’s revenue stream.
Webull said Wednesday that cryptocurrency trading accounted for $2.25 million, or a little over 1% of the platform’s record $198 million revenue for the second quarter of 2026.
Revenue for the period was up 51% year-over-year, according to online brokerage and digital trading platform’s Wednesday earnings release.
That’s as equity and options trading generated $112 million of the quarterly income, or about 56% of the total $198 million.
