Filing Flows › Westwood Holdings Group (WHG) › Q3 2026 › vs Q2 2026
Westwood Holdings Group (WHG) Q3 2026 vs Q2 2026 (quarter over quarter)
Westwood Holdings Group's revenue rose $1.2M (+5%) from $25.3M in Q2 2026 to $26.6M in Q3 2026. The biggest changes: Other Revenue Misc Services +$1.2M (+201%); Fiduciary and Trust +$195K (+4%); Asset Management −$170K (-0.9%). Operating margin 5.2% against 8.1% (-2.9 pts).
Westwood Holdings Group, Q3 2026: revenue $26.6M (+9% year over year), operating margin 5.2%, net earnings $3.1M, operating cash flow $5.9M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 5.2% | 8.1% | -2.9 pts |
| Net margin | 11.7% | 6.0% | +5.7 pts |
| Free cash flow margin | 22.2% | 19.9% | +2.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Asset Management | $19.2M | $19.4M | −$170K | -0.9% |
| Fiduciary and Trust | $5.6M | $5.4M | $195K | +4% |
| Other Revenue Misc Services | $1.8M | $599K | $1.2M | +201% |
| Revenue | $26.6M | $25.3M | $1.2M | +5% |
| Other income, net | $3.2M | $188K | $3.0M | 17× |
| Operating profit | $1.4M | $2.1M | −$681K | -33% |
| Costs & expenses | $25.2M | $23.3M | $1.9M | +8% |
| Pre-tax earnings | $4.6M | $2.3M | $2.3M | +104% |
| Sales & marketing | $735K | $643K | $92K | +14% |
| General & admin | $2.4M | $2.8M | −$423K | -15% |
| Other operating costs | $22.1M | $19.8M | $2.2M | +11% |
| Net earnings | $3.1M | $1.5M | $1.6M | +104% |
| Income tax | $1.5M | $725K | $745K | +103% |
| Depreciation & amortization | $726K | $732K | −$6K | -0.8% |
| Share-based compensation | $1.0M | $1.3M | −$247K | -19% |
| Working capital & other | $1.1M | $2.0M | −$984K | -48% |
| Operating cash flow | $5.9M | $5.6M | $356K | +6% |
| Free cash flow (OCF − capex) | $5.9M | $5.0M | $837K | +17% |
| Capital expenditures | $53K | $534K | −$481K | -90% |
Questions
How much did Westwood Holdings Group's revenue grow quarter over quarter in Q3 2026?
Westwood Holdings Group's revenue rose $1.2M (+5%) from $25.3M in Q2 2026 to $26.6M in Q3 2026.
What drove Westwood Holdings Group's revenue change in Q3 2026?
Other Revenue Misc Services +$1.2M (+201%); Fiduciary and Trust +$195K (+4%); Asset Management −$170K (-0.9%).