Filing Flows › Westwood Holdings Group (WHG) › Q2 2026
Westwood Holdings Group (WHG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Westwood Holdings Group (WHG) reported revenue of $25.3M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +2% from the quarter before. Operating margin was 8.1%, net earnings $1.5M (6.0% of revenue).
Westwood Holdings Group, Q2 2026: revenue $25.3M (+10% year over year), operating margin 8.1%, net earnings $1.5M, operating cash flow $5.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $25.3M | +2% | +10% |
| Operating profit | $2.1M | — | +138% |
| Net earnings | $1.5M | +95% | +48% |
| Operating cash flow | $5.6M | — | -24% |
| Free cash flow | $5.0M | — | -31% |
What changed
Revenue was $25.3M in Q2 2026, up 10% year over year and up 2% from the previous quarter. Asset Management was the largest line at 76% of revenue. Asset Management added $1.4M year over year (up 8%), 64% of the total change.
Operating profit was $2.1M, a 8.1% margin (up 4.4 points year over year). Of the extra revenue versus Q2 2025, 54% reached operating profit, above the 4% margin then. Total costs grew 5% against revenue growth of 10%. Net earnings were $1.5M, up 48% year over year. The effective tax rate was 32.2%.
Operating cash flow was $5.6M (down 24% year over year), 366% of net earnings. Non-cash charges added back $732K of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $2.0M. Capital expenditures of $534K left free cash flow of $5.0M.
Questions
What was Westwood Holdings Group's revenue in the second quarter 2026?
Westwood Holdings Group (WHG) reported revenue of $25.3M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +2% from the quarter before.
Was Westwood Holdings Group profitable in the second quarter 2026?
Operating profit was $2.1M (8.1% of revenue) and net earnings $1.5M.