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Wealthfront FY27 Q2 GAAP net income falls 49% to USD 17.6 million; revenue rises 1% to USD 91.9 million

PUBT·09/09/2026 20:07:21
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Wealthfront FY27 Q2 GAAP net income falls 49% to USD 17.6 million; revenue rises 1% to USD 91.9 million
  • Wealthfront posted GAAP net income of USD 17.6 million, down 49% year-over-year, on revenue of USD 91.9 million, up 1%.
  • GAAP expenses climbed to USD 75.1 million from USD 51.8 million, driven by stock-based compensation of USD 16.4 million after the December 2025 IPO.
  • Total Platform Assets rose 12% to USD 99 billion; Investment Advisory Assets jumped 30% to USD 54.1 billion while Cash Management Assets fell 4% to USD 44.9 billion.
  • Net deposits totaled USD 1.1 billion; funded clients increased 14% to 1,507,000 as funded accounts grew 15% to 1,968,000.
  • Home Lending expanded into Texas and California, with plans to enter Washington, Florida, Illinois, Oregon; custodial accounts launched for family wealth management.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wealthfront Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609091605PRIMZONEFULLFEED9823988) on September 09, 2026, and is solely responsible for the information contained therein.