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Wealthfront Reports Fiscal Third Quarter 2026 Results with Record Total Revenue of $93.2 Million and Net Income of $30.9 Million

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Revenue up 16% to a record $93.2 millionNet income of $30.9 million with a Net income margin of 33% ...

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AI Summary

WLTH reported record revenue of $93.2 million, up 16% YoY. Net income reached $30.9 million, with a margin of 33%. Platform assets grew by 21% to a record $92.8 billion. Adjusted EBITDA was $43.8 million, up 24% year-over-year. Successful product launches include home mortgages and Nasdaq-100 Direct.

Sentiment Rationale

The strong revenue and asset growth, coupled with innovative product launches, suggest a positive outlook for WLTH's market position.

Trading Thesis

The immediate impact from current financial results and product launches will likely bolster investor sentiment and attract more clients.

Market-Moving

  • WLTH reported record revenue of $93.2 million, up 16% YoY.
  • Net income reached $30.9 million, with a margin of 33%.
  • Platform assets grew by 21% to a record $92.8 billion.

Key Facts

  • WLTH reported record revenue of $93.2 million, up 16% YoY.
  • Net income reached $30.9 million, with a margin of 33%.
  • Platform assets grew by 21% to a record $92.8 billion.
  • Adjusted EBITDA was $43.8 million, up 24% year-over-year.
  • Successful product launches include home mortgages and Nasdaq-100 Direct.

Companies Mentioned

  • SCHW (SCHW)
  • Fidelity (Fidelity)
  • Vanguard (Vanguard)

Corporate Developments

The record financial performance and strategic product expansions significantly enhance WLTH’s appeal, likely influencing stock prices positively.

Wealthfront (Nasdaq: WLTH) Announces Fiscal Third Quarter 2026 Results

PALO ALTO, Calif., Jan. 12, 2026 — Wealthfront Corporation (Nasdaq: WLTH), a pioneering tech-driven financial platform for digital natives, reported remarkable financial results for its fiscal third quarter, which ended on October 31, 2025. The company achieved a record total revenue of $93.2 million, reflecting a 16% year-over-year increase, alongside a net income of $30.9 million and a net income margin of 33%.

Financial Performance Highlights

Wealthfront's robust performance was underscored by a 21% growth in Total Platform Assets, reaching a record $92.8 billion. Other notable metrics include:

  • Adjusted EBITDA: Up 24% to $43.8 million, with a margin of 47%
  • Funded Clients: Grew to 1.38 million, a 20% increase year-over-year
  • Free Cash Flow: Totaled $41.3 million, reflecting a 21% increase

Management Insights on Growth and Innovation

CEO David Fortunato stated, “We continued to execute in our core business, driving Platform Assets to a record at quarter-end amidst a dynamic macro environment. This included the best quarter in net cross account transfers from Cash Management to Investment Advisory in our history.” Fortunato highlighted the acceleration in product innovation, notably with the launch of Nasdaq-100 Direct and the origination of Wealthfront’s first home mortgage.

CFO Alan Imberman added, “Our fiscal third quarter results highlighted the purposeful balance of our business model between Cash Management and Investment Advisory. We drove profitable growth while improving our liquidity profile by increasing the capacity on our revolving credit facility from $50 million to $250 million.”

Key Operating Metrics

Wealthfront’s third quarter results illustrate a significant uptick in key operating metrics:

  • Total Revenue: $93,220 (Q3 2025) vs. $80,309 (Q3 2024) — 16% increase.
  • Net Income: $30,901 (Q3 2025) vs. $30,046 (Q3 2024) — 3% increase.
  • Operating Expenses: $61.8 million (up 21% year-over-year).

Recent Business Developments

In addition to its financial achievements, Wealthfront introduced several innovative services aimed at enhancing customer experience. Highlights include:

  • Originated the first home mortgage with low, transparent rates.
  • Launched Nasdaq-100 Direct, allowing retail investors to optimize tax-saving opportunities.
  • Implemented free instant wire transfers for Cash Management accounts, paired with industry-leading APYs.

Upcoming Conference Call

Wealthfront will host a live audio webcast on January 12, 2026, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its financial results and business highlights. The live webcast, along with the earnings press release, is accessible at Wealthfront Investor Relations.

About Wealthfront

Founded in 2011, Wealthfront has emerged as a leading fintech company, dedicated to empowering digital natives to achieve their financial goals through a comprehensive suite of innovative saving, investing, borrowing, and lending products. For more information, visit Wealthfront’s website or download the Wealthfront app.

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