{"id":970840,"date":"2026-06-04T16:15:09","date_gmt":"2026-06-04T20:15:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/wealthfront-reports-fiscal-first-quarter-2027-results\/"},"modified":"2026-06-04T16:15:09","modified_gmt":"2026-06-04T20:15:09","slug":"wealthfront-reports-fiscal-first-quarter-2027-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wealthfront-reports-fiscal-first-quarter-2027-results\/","title":{"rendered":"Wealthfront Reports Fiscal First Quarter 2027 Results"},"content":{"rendered":"
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\n Revenue of $90.5 million up 7% year-over-year<\/em>
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\n Total Platform Assets up 19% year-over-year to a record $96.6 billion<\/em>\n <\/p>\n

PALO ALTO, Calif., June 04, 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 first quarter ended April 30, 2026.<\/p>\n

\n David<\/strong>
\n Fortunato – CEO, President & Director: <\/strong>\u201cWe shipped significant enhancements throughout the quarter, including expanded access to Wealthfront Home Lending and improvements to our Cash Management and Investment Advisory products. Our Cash Accounts supported a significantly larger dollar volume of direct client tax payments this past tax season, reflecting the growing trust our clients place in us to seamlessly handle their largest liquidity needs. We ended the quarter with record Total Platform Assets of $96.6 billion despite a dynamic macroeconomic environment and are confident our diverse product suite puts us in a strong position for the long-term.\u201d<\/p>\n

\n Alan Imberman – CFO & Treasurer: <\/strong>\u201cWe delivered another strong quarter of adjusted free cash flow while continuing to invest in the business. This includes offering a new cross-product adoption incentive, which helped drive the best quarter of new Investment Advisory account openings since the quarter ended January 31, 2025. Our adjusted free cash flow supported our inaugural share repurchase program, which included opportunistic buybacks of over 3 million shares at an average price of $8.66 equating to over $27 million of total open market repurchases in the quarter.\u201d<\/p>\n

\n Fiscal First Quarter 2027 Results Summary<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n Three Months Ended April 30,<\/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 2026<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/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<\/tr>\n
Total revenue<\/td>\n$<\/td>\n90,484<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n84,514<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7<\/td>\n\u00a0%<\/td>\n<\/tr>\n
Net income – diluted<\/td>\n\u00a0<\/td>\n12,823<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25,947<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(51<\/td>\n)%<\/td>\n<\/tr>\n
\n Net income margin – diluted (%)<\/em>\n <\/td>\n\u00a0<\/td>\n\n 14<\/em>
\n %<\/em>
\n \n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 31<\/em>
\n %<\/em>
\n \n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Diluted earnings per common share<\/td>\n$<\/td>\n0.07<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.18<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(61<\/td>\n)%<\/td>\n<\/tr>\n
Net cash provided by operating activities<\/td>\n\u00a0<\/td>\n22,683<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n38,481<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(41<\/td>\n)%<\/td>\n<\/tr>\n
\n Operating cash flow conversion (%)<\/em>\n <\/td>\n\u00a0<\/td>\n\n 177<\/em>
\n %<\/em>
\n \n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 148<\/em>
\n %<\/em>
\n \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<\/tr>\n
Adjusted EBITDA<\/td>\n$<\/td>\n37,510<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n37,904<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1<\/td>\n)%<\/td>\n<\/tr>\n
\n Adjusted EBITDA margin (%)<\/em>\n <\/td>\n\u00a0<\/td>\n\n 41<\/em>
\n %<\/em>
\n \n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 45<\/em>
\n %<\/em>
\n \n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted free cash flow<\/td>\n\u00a0<\/td>\n42,708<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n42,279<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1<\/td>\n\u00a0%<\/td>\n<\/tr>\n
\n Adjusted free cash flow conversion (%)<\/em>\n <\/td>\n\u00a0<\/td>\n\n 114<\/em>
\n %<\/em>
\n \n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 112<\/em>
\n %<\/em>
\n \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<\/tr>\n
\n 1<\/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.
<\/em><\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n F1Q27 Financial Highlights<\/strong>\n <\/p>\n