Webull (Trans): Vol. and price up after PDT removal; Q3 marketing unchanged
DolphinResearch·
- Webull reported strong financial results for FY 26 Q2, featuring total revenue of $198.8 million, up 51% year-on-year, and adjusted operating income of $62.6 million.
- The SEC's removal of the Pattern Day Trader rule on June 4 significantly drove up trading volumes and options activity, while client assets reached $28.5 billion.
- Marketing spend for the second half of the year is projected to remain broadly in line with the first half, supported by ongoing international expansion and proactive account management.