Webull Crypto Revenue Hits $2.25M in Record Q2, Still Lags Behind Stocks and Options

Webull's cryptocurrency revenue reached $2.25 million in Q2 2026, accounting for just over 1% of its total quarterly revenue of $198.8 million.

This is a record quarter for the online brokerage, with revenue up 51% from the previous year and 24% from the previous quarter.

Equity and options trading combined produced approximately $112 million, or 56% of total quarterly revenue.

Webull's President and Director Anthony Denier described cryptocurrency as a 'disappointing business' in recent quarters but noted that conditions have started improving, citing 'early signs of a crypto recovery'.