Webull Corporation reported a 46% year-over-yearincrease in total revenue for the second quarter of 2025, reaching $131.5million, as trading activity and user engagement accelerated. Customer assetsrose to an all-time high of $15.9 billion, supported by net deposits and marketrecovery.Revenue and ProfitabilityTrading-related revenue led the quarter with a 63%increase compared to the same period last year. Total operating expenses grew37%, largely due to $18.5 million in share-based compensation. Adjustedoperating expenses rose 20% to $108.2 million.The company reported a loss before income taxes of$21.4 million, reflecting $11 million in equity offering costs. Adjustedoperating profit totaled $23.3 million, up 18% year-over-year, while adjustedoperating profit per share was $0.05 for the quarter.“We delivered strong business results in our first quarteras a public company, with three consecutive quarters of operating profitabilityand customer assets at an all-time high, underpinned by substantial growth intrading volumes and net deposits,” said Anthony Denier, Group President andU.S. CEO of Webull. “The environment for retail self-directed trading was thebest we've seen since the COVID-19 pandemic, and with the market now in a newera driven by a more discernible regulatory environment.User Growth and Trading VolumeWebull expanded its user base, with registered usersincreasing 18% to 24.9 million. Funded accounts rose 9% to 4.73 million.Options contracts volume grew 8% to $127 million, while equity notional volumejumped 58% to $161 billion. Customer assets rose 64% year-over-year to $15.9billion, reflecting both market recovery and a 37% increase in net deposits.In May, Webull launched the Latin America Webull App,integrating platforms in Brazil and Mexico to support regional growth. In June,the company re-entered the crypto market in Brazil and expanded its partnership with Kalshi to include cryptocurrency hourly contracts and Fed events trading.Post-Quarter DevelopmentsFollowing the quarter, Webull reinstated cryptocurrency trading for U.S. users and consolidated Webull Pay into theWebull Group. Users across the U.S., Brazil, and Australia can now tradeequities, options, futures, prediction markets, and digital assets through asingle platform.The company also entered a standby equity purchaseagreement, providing access to $1 billion in capital at its discretion. As ofAugust 28, 2025, $142.8 million had been raised under the agreement.This article was written by Jared Kirui at www.financemagnates.com.