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AlTi Global (ALTI) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 10, 2026

AlTi Global (ALTI) reported revenue of $58.0M for the second quarter 2026 (Q2 2026), +11% from a year earlier and -21% from the quarter before. Operating margin was -18.7%, net loss $30.8M (53.0% of revenue).

Revenue$58.0M
Year over year+11%
Quarter over quarter-21%
Operating margin-18.7%
Net earnings−$30.8M

AlTi Global, Q2 2026: revenue $58.0M (+11% year over year), operating margin -18.7%, net loss $30.8M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$58.0M-21%+11%
Operating profit−$10.9M——
Net earnings−$30.8M-467%—
Operating cash flow−$2.4M-146%—

What changed

Revenue was $58.0M in Q2 2026, up 11% year over year and down 21% from the previous quarter. Management/advisory fees was the largest line at 94% of revenue. Management/advisory fees added $5.2M year over year (up 11%), 92% of the total change. Incentive fees declined 96%.

Operating costs exceeded revenue by $10.9M, an operating margin of -18.7%. Total costs fell 12% while revenue rose 11%. The quarter ended with a net loss of $30.8M, after a profit of $8.4M the previous quarter. Minority interests bore $7.3M of it: to shareholders the quarter was a loss of $23.5M. Net interest and other expense of $19.8M was the main reason.

Operating cash flow was −$2.4M. Non-cash charges added back $4.7M of depreciation and amortization and $6.3M of share-based compensation. Working capital and other items added $17.3M. Capital expenditures of $742K exceeded it, leaving free cash flow of −$3.2M.

Questions

What was AlTi Global's revenue in the second quarter 2026?

AlTi Global (ALTI) reported revenue of $58.0M for the second quarter 2026 (Q2 2026), +11% from a year earlier and -21% from the quarter before.

Was AlTi Global profitable in the second quarter 2026?

Operating loss was $10.9M (-18.7% of revenue) and net loss $30.8M.

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Source: AlTi Global 10-Q on SEC EDGAR.