Filing Flows › Westwood Holdings Group (WHG) › Q3 2026 › vs Q3 2025
Westwood Holdings Group (WHG) Q3 2026 vs Q3 2025 (year over year)
Westwood Holdings Group's revenue rose $2.3M (+9%) from $24.3M in Q3 2025 to $26.6M in Q3 2026. The biggest changes: Other Revenue Misc Services +$1.8M (—); Asset Management +$315K (+2%); Fiduciary and Trust +$151K (+3%). Operating margin 5.2% against 8.3% (-3.1 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 5.2% | 8.3% | -3.1 pts |
| Net margin | 11.7% | 15.4% | -3.6 pts |
| Free cash flow margin | 22.2% | 34.8% | -12.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Asset Management | $19.2M | $18.9M | $315K | +2% |
| Fiduciary and Trust | $5.6M | $5.4M | $151K | +3% |
| Other Revenue Misc Services | $1.8M | −$14K | $1.8M | — |
| Revenue | $26.6M | $24.3M | $2.3M | +9% |
| Other income, net | $3.2M | $2.7M | $524K | +20% |
| Operating profit | $1.4M | $2.0M | −$626K | -31% |
| Costs & expenses | $25.2M | $22.3M | $2.9M | +13% |
| Pre-tax earnings | $4.6M | $4.7M | −$102K | -2% |
| Sales & marketing | $735K | $633K | $102K | +16% |
| General & admin | $2.4M | $2.8M | −$386K | -14% |
| Other operating costs | $22.1M | $18.9M | $3.2M | +17% |
| Net earnings | $3.1M | $3.7M | −$609K | -16% |
| Income tax | $1.5M | $963K | $507K | +53% |
| Depreciation & amortization | $726K | $1.2M | −$493K | -40% |
| Share-based compensation | $1.0M | $1.3M | −$259K | -20% |
| Working capital & other | $1.1M | $2.3M | −$1.2M | -54% |
| Operating cash flow | $5.9M | $8.5M | −$2.6M | -30% |
| Free cash flow (OCF − capex) | $5.9M | $8.5M | −$2.6M | -30% |
| Capital expenditures | $53K | $76K | −$23K | -30% |
Questions
How much did Westwood Holdings Group's revenue grow year over year in Q3 2026?
Westwood Holdings Group's revenue rose $2.3M (+9%) from $24.3M in Q3 2025 to $26.6M in Q3 2026.
What drove Westwood Holdings Group's revenue change in Q3 2026?
Other Revenue Misc Services +$1.8M (—); Asset Management +$315K (+2%); Fiduciary and Trust +$151K (+3%).