Filing Flows › AlTi Global (ALTI) › Q4 2025
AlTi Global (ALTI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
AlTi Global (ALTI) reported revenue of $88.3M for the fourth quarter 2025 (Q4 2025), +71% from a year earlier and +54% from the quarter before. Operating margin was -13.0%, net loss $15.2M (17.2% of revenue).
AlTi Global, Q4 2025: revenue $88.3M (+72% year over year), operating margin -13.0%, net loss $15.2M, operating cash flow $2.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $88.3M | +54% | +71% |
| Operating profit | −$11.5M | — | — |
| Net earnings | −$15.2M | — | — |
| Operating cash flow | $2.1M | — | — |
What changed
Revenue was $88.3M in Q4 2025, up 71% year over year and up 54% from the previous quarter. Management/advisory fees was the largest line at 60% of revenue.
Operating costs exceeded revenue by $11.5M, an operating margin of -13.0%. Total costs grew 17% against revenue growth of 71%. The fastest-growing cost line was Sales & marketing (+119%). The quarter ended with a net loss of $15.2M, narrower than the previous quarter's $107.0M loss. Minority interests bore $2.1M of it: to shareholders the quarter was a loss of $13.1M. Net interest and other expense of $8.8M was the main reason.
Operating cash flow was $2.1M. Non-cash charges added back $4.8M of depreciation and amortization and $8.4M of share-based compensation. Working capital and other items added $4.2M.
Questions
What was AlTi Global's revenue in the fourth quarter 2025?
AlTi Global (ALTI) reported revenue of $88.3M for the fourth quarter 2025 (Q4 2025), +71% from a year earlier and +54% from the quarter before.
Was AlTi Global profitable in the fourth quarter 2025?
Operating loss was $11.5M (-13.0% of revenue) and net loss $15.2M.
Source: AlTi Global 10-K on SEC EDGAR.