Filing Flows › AlTi Global (ALTI) › Q1 2026
AlTi Global (ALTI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
AlTi Global (ALTI) reported revenue of $73.1M for the first quarter 2026 (Q1 2026), +28% from a year earlier and -17% from the quarter before. Operating margin was -14.6%, net earnings $8.4M (11.5% of revenue).
AlTi Global, Q1 2026: revenue $73.1M (+28% year over year), operating margin -14.6%, net earnings $8.4M, operating cash flow $5.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $73.1M | -17% | +28% |
| Operating profit | −$10.7M | — | — |
| Net earnings | $8.4M | — | — |
| Operating cash flow | $5.3M | +154% | — |
What changed
Revenue was $73.1M in Q1 2026, up 28% year over year and down 17% from the previous quarter. Management/advisory fees was the largest line at 71% of revenue. Distributions from investments added $9.1M year over year (up 74%), 57% of the total change.
Operating costs exceeded revenue by $10.7M, an operating margin of -14.6%. Total costs grew 28% against revenue growth of 28%. The fastest-growing cost line was General & admin (+255%). Net earnings were $7.7M, up 303% year over year. The effective tax rate was -0.5%. Non-operating items added $19.0M, 228% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $5.3M, 63% of net income including minority interests. Non-cash charges added back $4.7M of depreciation and amortization and $13.6M of share-based compensation. Working capital and other items used $21.4M.
Questions
What was AlTi Global's revenue in the first quarter 2026?
AlTi Global (ALTI) reported revenue of $73.1M for the first quarter 2026 (Q1 2026), +28% from a year earlier and -17% from the quarter before.
Was AlTi Global profitable in the first quarter 2026?
Operating loss was $10.7M (-14.6% of revenue) and net earnings $8.4M.
Source: AlTi Global 10-Q on SEC EDGAR.