Filing Flows › Wealthfront (WLTH) › Q1 FY27 › vs Q1 FY26
Wealthfront (WLTH) Q1 FY27 vs Q1 FY26 (year over year)
Wealthfront's revenue rose $6.0M (+7%) from $84.5M in Q1 FY26 to $90.5M in Q1 FY27. The biggest changes: Investment advisory +$6.4M (+32%); Cash management −$885K (-1%); Other revenue +$485K (+130%). Operating margin 19.3% against 40.4% (-21.1 pts).
Wealthfront, Q1 FY27: revenue $90.5M (+7% year over year), operating margin 19.3%, net earnings $12.8M, operating cash flow $22.7M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Operating margin | 19.3% | 40.4% | -21.1 pts |
| Net margin | 14.2% | 30.7% | -16.5 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Cash management | $63.4M | $64.3M | −$885K | -1% |
| Investment advisory | $26.2M | $19.9M | $6.4M | +32% |
| Other revenue | $859K | $374K | $485K | +130% |
| Revenue | $90.5M | $84.5M | $6.0M | +7% |
| Operating profit | $17.4M | $34.1M | −$16.7M | -49% |
| Costs & expenses | $73.1M | $50.4M | $22.7M | +45% |
| Pre-tax earnings | $17.4M | $34.1M | −$16.7M | -49% |
| Cost of revenue | $10.0M | $8.7M | $1.3M | +15% |
| Research & development | $33.7M | $20.2M | $13.5M | +67% |
| General & admin | $16.9M | $9.9M | $7.1M | +71% |
| Other operating costs | $12.5M | $11.6M | $818K | +7% |
| Net earnings | $12.8M | $25.9M | −$13.1M | -51% |
| Income tax | $4.6M | $8.2M | −$3.6M | -44% |
| Depreciation & amortization | $1.4M | $1.8M | −$413K | -22% |
| Share-based compensation | $17.1M | $1.9M | $15.2M | +808% |
| Working capital & other | $8.6M | −$8.8M | $17.4M | — |
| Operating cash flow | $22.7M | $38.5M | −$15.8M | -41% |
Questions
How much did Wealthfront's revenue grow year over year in Q1 FY27?
Wealthfront's revenue rose $6.0M (+7%) from $84.5M in Q1 FY26 to $90.5M in Q1 FY27.
What drove Wealthfront's revenue change in Q1 FY27?
Investment advisory +$6.4M (+32%); Cash management −$885K (-1%); Other revenue +$485K (+130%).