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Wealthfront Corporation is a privately owned investment manager. It primarily provides its services to individuals. It also caters to high net worth individuals, charitable organizations, and corporations. The firm invests in the public equity and fixed income funds. It also invests in mutual funds and exchange traded funds. It conducts in-house research to make its investments. Wealthfront Corporation was formerly known as Wealthfront Inc. and is based in Redwood City, California with an additional office in Palo Alto, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $365M | $-93M | $-42M | $151M | -6.8% | 18.2% | -121.6% |
| 2025 | $309M | $148M | $194M | $117M | 1267.7% | 42.5% | 152.6% |
| 2024 | $217M | $87M | $77M | $68M | -42.6% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Total Revenue | 216.71 | 308.86 | 364.99 |
| Operating Revenue | 210.90 | 303.99 | 363.60 |
| Cost Of Revenue | 22.90 | 30.96 | 38.01 |
| Gross Profit | 193.82 | 277.90 | 326.99 |
| Operating Expense | 112.24 | 156.42 | 438.16 |
| Research And Development | 57.56 | 64.52 | 212.44 |
| Selling General And Administration | 44.92 | 81.29 | 200.88 |
| Total Expenses | 135.14 | 187.39 | 476.16 |
| Operating Income | 81.58 | 121.47 | -111.17 |
| EBITDA | 86.63 | 148.28 | -92.96 |
| Normalized EBITDA | 86.63 | 148.28 | -92.96 |
| EBIT | 80.59 | 142.04 | -100.36 |
| Interest Expense | 2 | 2.81 | 0.89 |
| Net Interest Income | -2 | -2.81 | -0.89 |
| Other Non Operating Income Expenses | -0.99 | 20.57 | 10.81 |
| Other Income Expense | -0.99 | 20.57 | 10.81 |
| Interest Expense Non Operating | 2 | 2.81 | 0.89 |
| Net Non Operating Interest Income Expense | -2 | -2.81 | -0.89 |
| Pretax Income | 78.59 | 139.23 | -101.25 |
| Tax Provision | 1.62 | -55.22 | -59.18 |
| Tax Rate For Calcs | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 |
| Net Income Continuous Operations | 76.97 | 194.45 | -42.07 |
| Net Income From Continuing And Discontinued Operation | 76.97 | 194.45 | -42.07 |
| Net Income From Continuing Operation Net Minority Interest | 76.97 | 194.45 | -42.07 |
| Net Income | 76.97 | 194.45 | -42.07 |
| Net Income Common Stockholders | 76.97 | 194.45 | -42.07 |
| Net Income Including Noncontrolling Interests | 76.97 | 194.45 | -42.07 |
| Normalized Income | 76.97 | 194.45 | -42.07 |
| Diluted NI Availto Com Stockholders | 77.92 | 181.75 | -43.20 |
| Basic Average Shares | 131.28 | 131.28 | 56.65 |
| Diluted Average Shares | 169.48 | 169.48 | 56.89 |
| Reconciled Depreciation | 6.04 | 6.24 | 7.40 |
| Reconciled Cost Of Revenue | 22.90 | 30.96 | 38.01 |
| General And Administrative Expense | 23.77 | 33.38 | 162.56 |
| Other Gand A | 23.77 | 29.09 | 149.13 |
| Salaries And Wages | 3.50 | 4.28 | 13.43 |
| Other Operating Expenses | 9.77 | 10.62 | 24.84 |
| Selling And Marketing Expense | 21.15 | 47.91 | 38.33 |
| Otherunder Preferred Stock Dividend | - | 107.85 | - |
| Average Dilution Earnings | 0.95 | -12.70 | -1.14 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Wealthfront Corporationthis co. | WLTH | $1.7B | -40.87 | 2.80 | -6.8% | -13.86 |
| Flywire Corporation | FLYW | $1.8B | 133.32 | 2.15 | 1.6% | 28.82 |
| Alkami Technology, Inc. | ALKT | $1.7B | -36.34 | 4.78 | -13.2% | -90.26 |
| Payoneer Global Inc. | PAYO | $1.7B | 23.46 | 2.44 | 10.4% | 7.22 |
| Arteris, Inc. | AIP | $1.7B | -49.42 |
| -117.35 |
| 237.5% |
| -62.82 |
| Marqeta, Inc. | MQ | $1.7B | -122.72 | 2.24 | -1.8% | -52.72 |
| Vishay Precision Group, Inc. | VPG | $1.7B | 322.26 | 5.07 | 1.6% | 62.39 |
| BlackLine, Inc. | BL | $1.7B | 68.68 | 5.07 | 7.4% | 17.41 |
| EverCommerce Inc. | EVCM | $1.7B | 95.62 | 2.35 | 2.5% | 16.25 |
| Peer Median | - | 46.07 | 2.39 | 2.0% | 11.74 | |