WEALTHFRONT CORP (WLTH) SEC Filings & Earnings Calls
EquiReason read 10 WEALTHFRONT CORP SEC filings in the last 12 months. Latest: 8-K on 2026-10-21 — Wealthfront Corp board approved an additional $150M share repurchase authorization, increasing total to $250M, with $18.3M remaining from prior authorization..
Source: SEC EDGAR filings · figures as of 2026-07-31 · read by EquiReason
- Market cap
- 1.7B
- P/E TTM
- —
- Dividend yield
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- 52-week
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- Next earnings
- 9 Sep, in -45 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
21 Oct 20268-K · 8.01Wealthfront Corp board approved an additional $150M share repurchase authorization, increasing total to $250M, with $18.3M remaining from prior authorization.open
Risks flagged
Buyback may reduce cash reserves; program can be modified or suspended.
“Program does not obligate the Company to repurchase any particular dollar amount and may be modified, suspended, or terminated at any time.”
14 Sep 202610-QWealthfront reported Q2 2026 revenue of $91.9M (+0.8% YoY) but net income fell 48.9% to $17.8M due to higher operating expenses.earningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q2-2026 | $92M | +1% y/y |
| Net income · Q2-2026 | $18M | -49% y/y |
| Cash management revenue · Q2-2026 | $62M | -10% y/y |
| Investment advisory revenue · Q2-2026 | $29M | +31% y/y |
| Diluted EPS · Q2-2026 | $0.10 | -58% y/y |
| Operating cash flow · H1-2026 | $70M | -10% y/y |
| Free cash flow · H1-2026 | $69M | -11% y/y |
Risks flagged
Rising operating expenses outpacing revenue growth
“Total costs and operating expenses $75.1M vs $51.8M, +44.8% YoY”
Declining cash management revenue
“Cash management $61.8M vs $68.9M, -10.3% YoY”
9 Sep 20268-K · 2.02, 7.01FQ2 2027 revenue $91.9M (+1% YoY), net income $17.6M (-49% YoY due to SBC), adjusted EBITDA $38.1M (-15% YoY). Total Platform Assets $99B (+12% YoY), funded clients 1.5M (+14% YoY). Surpassed $100B in TPA in August.earningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q2-2027 | $92M | +1% y/y |
| Net income - diluted · Q2-2027 | $18M | -49% y/y |
| Adjusted EBITDA · Q2-2027 | $38M | -15% y/y |
| Total Platform Assets · Q2-2027 | $99.00B | +12% y/y |
| Adjusted free cash flow · Q2-2027 | $28M | -27% y/y |
| Diluted earnings per common share · Q2-2027 | $0.10 | -58% y/y |
Risks flagged
GAAP net income decline due to IPO-related SBC; adjusted EBITDA also down
“GAAP net income -49% YoY; adjusted EBITDA -15% YoY”
Revenue growth lagging asset growth due to mix shift to lower-fee assets
“Revenue +1% vs TPA +12%; Investment Advisory Assets +30% vs Cash Management Assets -4%”
12 Jun 202610-QWealthfront reported Q1 FY2027 results: revenue up 7.1% YoY to $90.5M, but net income down 50.5% to $12.8M due to IPO-related stock-based compensation and higher operating expenses.earningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q1-2027 | $90M | +7% y/y |
| Net income · Q1-2027 | $13M | -51% y/y |
| Cash management revenue · Q1-2027 | $63M | -1% y/y |
| Investment advisory revenue · Q1-2027 | $26M | +32% y/y |
| Stock-based compensation expense · Q1-2027 | $17M | +808% y/y |
| Product development expense · Q1-2027 | $34M | +67% y/y |
| General and administrative expense · Q1-2027 | $17M | +71% y/y |
| Marketing expense · Q1-2027 | $11M | +10% y/y |
| Net cash provided by operating activities · Q1-2027 | $23M | -41% y/y |
| Repurchase of common stock · Q1-2027 | $28M | +13168% y/y |
Risks flagged
IPO-related expense overhang
“Stock-based compensation expense increased 807% YoY due to IPO-related RSU vesting, significantly reducing net income.”
Cash management revenue decline
“Cash management revenue declined 1.4% YoY, potentially indicating pressure from lower interest rates or deposit competition.”
Operating expense growth outpacing revenue
“Total costs and operating expenses increased 46.4% YoY ($75.936M vs $51.880M), while revenue grew only 7.1%.”
4 Jun 20268-K · 2.02, 7.01Wealthfront reported F1Q27 revenue of $90.5M (+7% YoY), net income $12.8M (down 51% YoY due to SBC), adjusted EBITDA $37.5M (-1% YoY). Total Platform Assets $96.6B (+19% YoY).earningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q1-2027 | $90M | +7% y/y |
| Net income - diluted · Q1-2027 | $13M | -51% y/y |
| Adjusted EBITDA · Q1-2027 | $38M | -1% y/y |
| Adjusted free cash flow · Q1-2027 | $43M | +1% y/y |
| Total Platform Assets · Q1-2027 | $96.60B | +19% y/y |
| Investment Advisory Assets · Investment Advisory · Q1-2027 | $51.70B | +39% y/y |
| Cash Management Assets · Cash Management · Q1-2027 | $44.90B | +3% y/y |
| Funded Clients · Q1-2027 | 1,460,000 | +15% y/y |
| Funded Accounts · Q1-2027 | 1,900,000 | +15% y/y |
| Total Net Deposits · Q1-2027 | $600M |
Risks flagged
Net income decline due to SBC from IPO dual-trigger awards; GAAP profitability impacted.
“Net income - diluted down 51% YoY; SBC expense $17.1M vs $1.9M prior year.”
24 Apr 202610-KAnnual report filed; no earnings beat or miss indicated in the provided text.earningsopen
Figures in the filing · each found in the filing text
| Client retention rate · FY2026 | 95.0% | |
| Average platform assets per client · 2026-01-31 | $66000.00 | |
| Cross product adoption rate (asset basis) · 2026-01-31 | 61.0% | |
| Cross product adoption rate (client basis) · 2026-01-31 | 27.0% | |
| Percentage of clients with recurring deposits · 2026-01-31 | 17.0% | |
| Cash management revenue as percentage of total revenue · FY2026 | 74.0% | |
| Investment advisory revenue as percentage of total revenue · FY2026 | 25.0% |
11 Mar 20268-K · 2.02, 7.01, 8.01Wealthfront Corp reported record FY2026 revenue of $365.0M (+18% YoY) and record Platform Assets of $94.1B (+17% YoY). Board authorized $100M share repurchase program. Adjusted EBITDA margin 47%. GAAP net loss due to $239M IPO-related SBC.open
Figures in the filing · each found in the filing text
| Total revenue · FY2026 | $365M | +18% y/y |
| Total Platform Assets · Q4-2026 | $94.10B | +17% y/y |
| Adjusted EBITDA · FY2026 | $171M | +20% y/y |
| Adjusted EBITDA margin · FY2026 | 47.0% | |
| GAAP net income (loss) · FY2026 | $-43M | -124% y/y |
| Free cash flow · Q4-2026 | $33M | |
| Free cash flow conversion ratio · Q4-2026 | 75.0% | |
| GAAP diluted EPS · FY2026 | $-0.76 | -158% y/y |
Guidance
Adjusted EBITDA margins expected to decline sequentially but remain above 40% for FQ1 2027
Adjusted EBITDA margin guidance for FQ1 2027: above 40% (declining sequentially from 47% in FY2026); total net deposit growth in February noted as strong start to FY2027
Risks flagged
GAAP net loss due to one-time IPO-related SBC expense of $239M
“Annual GAAP diluted net income (loss) of $(43.2) million compared to $181.8 million in the prior year due to the one-time impact of IPO-related SBC expense of $239.0 million” · word for word
Adjusted EBITDA margins expected to decline sequentially in FQ1 2027
“We expect Adjusted EBITDA margins to decline sequentially but remain above 40% for the fiscal first quarter 2027.” · word for word
23 Jan 202610-QWealthfront reported Q3 FY2025 results with revenue growth of 16% YoY but net income margin compression.earningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q3-2025 | $93M | +16% y/y |
| Cash management revenue · Q3-2025 | $69M | +14% y/y |
| Investment advisory revenue · Q3-2025 | $24M | +26% y/y |
| Net income · Q3-2025 | $31M | +3% y/y |
| Cash and cash equivalents · 2025-10-31 | $266M | +86% y/y |
| Stock-based compensation expense · 9M-2025 | $12M | +59% y/y |
| Marketing expense · Q3-2025 | $12M | -23% y/y |
| General and administrative expense · Q3-2025 | $15M | +109% y/y |
| Product development expense · Q3-2025 | $21M | +23% y/y |
| Cost of revenue · Q3-2025 | $10M | +27% y/y |
Risks flagged
Concentration of credit risk
“The Company’s financial instruments that potentially subject the Company to concentrations of credit risk primarily consist of cash, cash equivalents, restricted cash, margin loans to its clients, and the convertible note.” · word for word
Dependence on key personnel
“No specific risk factor text provided in the filing window.”
12 Jan 20268-K · 2.02, 7.01Wealthfront reports record total revenue of $93.2M (+16% YoY), net income $30.9M, Adjusted EBITDA $43.8M (+24% YoY), and record Platform Assets of $92.8B (+21% YoY). Strong execution with net cross-account transfers and product innovation.earningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q3-2026 | $93M | +16% y/y |
| Net income · Q3-2026 | $31M | +3% y/y |
| Adjusted EBITDA · Q3-2026 | $44M | +24% y/y |
| Total Platform Assets · Q3-2026 | $92.80B | +21% y/y |
| Cash Management Assets · Cash Management · Q3-2026 | $47.00B | +14% y/y |
| Investment Advisory Assets · Investment Advisory · Q3-2026 | $45.80B | +31% y/y |
| Funded Clients · Q3-2026 | 1,380,000 | +20% y/y |
| Free cash flow · Q3-2026 | $41M | +21% y/y |
| Net cash provided by operating activities · Q3-2026 | $41M | +18% y/y |
| Diluted earnings per common share · Q3-2026 | $0.21 | -5% y/y |
Risks flagged
GAAP net income margin declined from 37% to 33% due to prior year tax benefit, indicating potential earnings quality concerns.
“GAAP net income margin was 33%, compared to 37% for the three months ended October 31, 2024, with the decrease driven in part by a GAAP tax benefit realized in the prior year quarter.” · word for word
GAAP expenses increased 21% YoY, outpacing revenue growth of 16%, driven by share-based compensation and product development.
“GAAP expenses of $61.8 million increased 21% year-over-year primarily due to higher share-based compensation and product development expense.” · word for word
WEALTHFRONT CORP — questions
- What did WEALTHFRONT CORP file recently?
- 10 SEC filings in the last 12 months. Latest: 8-K on 2026-10-21 — Wealthfront Corp board approved an additional $150M share repurchase authorization, increasing total to $250M, with $18.3M remaining from prior authorization.
Every figure on this page comes from WEALTHFRONT CORP's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.