{"id":926543,"date":"2026-01-12T16:10:48","date_gmt":"2026-01-12T21:10:48","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/wealthfront-reports-fiscal-third-quarter-2026-results-with-record-total-revenue-of-93-2-million-and-net-income-of-30-9-million\/"},"modified":"2026-01-12T16:10:48","modified_gmt":"2026-01-12T21:10:48","slug":"wealthfront-reports-fiscal-third-quarter-2026-results-with-record-total-revenue-of-93-2-million-and-net-income-of-30-9-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wealthfront-reports-fiscal-third-quarter-2026-results-with-record-total-revenue-of-93-2-million-and-net-income-of-30-9-million\/","title":{"rendered":"Wealthfront Reports Fiscal Third Quarter 2026 Results with Record Total Revenue of $93.2 Million and Net Income of $30.9 Million"},"content":{"rendered":"
\n

\n Revenue up 16% to a record $93.2 million
Net income of $30.9 million with a Net income margin of 33% <\/em>
\n
\n Total Platform Assets up 21% to a record $92.8 billion
<\/em>
\n Adjusted EBITDA1<\/sup> up 24% to $43.8 million with an Adjusted EBITDA margin1<\/sup> of 47%<\/em>\n <\/p>\n

PALO ALTO, Calif., Jan. 12, 2026 (GLOBE NEWSWIRE) — Wealthfront Corporation (Nasdaq: WLTH), a tech-driven financial platform helping digital natives turn their savings into wealth, announced financial results for its fiscal third quarter ended October 31, 2025.<\/p>\n

\n David Fortunato – CEO, President & Director:<\/strong> \u201cWe 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 the company\u2019s history. We achieved this while accelerating the pace of product innovation including the launch of Nasdaq-100 Direct and the origination of our first home mortgage.\u201d<\/p>\n

\n Alan Imberman – CFO & Treasurer: <\/strong>\u201cOur fiscal third quarter results highlighted the purposeful balance of the business model between Cash Management and Investment Advisory. We drove profitable growth and another quarter of strong free cash flow generation, while also improving our liquidity profile by increasing the capacity on our revolving credit facility from $50 million to $250 million.\u201d<\/p>\n

\n Fiscal<\/strong>
\n Third Quarter 2026 Results Summary<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n Three Months Ended
October 31,<\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Nine Months Ended
October 31,<\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n ($ in thousands, except per share amounts)<\/em>\n <\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n % change<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n % change<\/strong>\n <\/td>\n<\/tr>\n
\n GAAP<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total revenue<\/td>\n$<\/td>\n93,220<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n80,309<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n268,857<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n226,179<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19<\/td>\n%<\/td>\n<\/tr>\n
Net income<\/td>\n\u00a0<\/td>\n30,901<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30,046<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n91,589<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n162,355<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(44)<\/td>\n%<\/td>\n<\/tr>\n
\n Net income margin (%)<\/em>\n <\/td>\n\u00a0<\/td>\n\n 33<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 37<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 34<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 72<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Diluted earnings per common share<\/td>\n$<\/td>\n0.21<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.22<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(5)<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n0.64<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1.08<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(41)<\/td>\n%<\/td>\n<\/tr>\n
Net cash provided by operating activities<\/td>\n\u00a0<\/td>\n41,479<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n35,158<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n18<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n118,884<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n103,235<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15<\/td>\n%<\/td>\n<\/tr>\n
\n Operating cash flow conversion (%)<\/em>\n <\/td>\n\u00a0<\/td>\n\n 134<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 117<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 130<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 64<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Non-GAAP<\/strong>
\n
\n 1<\/strong>
\n <\/sup>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n$<\/td>\n43,813<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n35,273<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n24<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n126,479<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n106,486<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19<\/td>\n%<\/td>\n<\/tr>\n
\n Adjusted EBITDA margin (%)<\/em>\n <\/td>\n\u00a0<\/td>\n\n 47<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 44<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 47<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 47<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Free cash flow<\/td>\n\u00a0<\/td>\n41,280<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n34,071<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n118,053<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n98,338<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20<\/td>\n%<\/td>\n<\/tr>\n
\n Free cash flow conversion (%)<\/em>\n <\/td>\n\u00a0<\/td>\n\n 94<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 97<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 93<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 92<\/em>
\n %<\/em>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n ____________________
<\/sup>
\n 1\u00a0<\/sup>Non-GAAP measure. Wealthfront\u2019s reasons for use of the non-GAAP measure and a detailed reconciliation between the non-GAAP measure and the comparable GAAP amount are included at the end of this document in the section labeled \u2018Non-GAAP Reconciliations\u2019.<\/p>\n

\n F3Q26 Financial Highlights<\/strong>\n <\/p>\n