Filing Flows › Wealthfront (WLTH) › Q1 FY27 › vs Q4 FY26
Wealthfront (WLTH) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Wealthfront's revenue fell $5.7M (-6%) from $96.1M in Q4 FY26 to $90.5M in Q1 FY27. The biggest changes: Cash management −$6.4M (-9%); Investment advisory +$441K (+2%); Other revenue +$275K (+47%). Operating margin 19.3% against -218.4% (+237.7 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Operating margin | 19.3% | -218.4% | +237.7 pts |
| Net margin | 14.2% | -139.0% | +153.2 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Cash management | $63.4M | $69.7M | −$6.4M | -9% |
| Investment advisory | $26.2M | $25.8M | $441K | +2% |
| Other revenue | $859K | $584K | $275K | +47% |
| Revenue | $90.5M | $96.1M | −$5.7M | -6% |
| Operating profit | $17.4M | −$210M | $227M | — |
| Costs & expenses | $73.1M | $306M | −$233M | -76% |
| Pre-tax earnings | $17.4M | −$210M | $227M | — |
| Cost of revenue | $10.0M | $9.6M | $390K | +4% |
| Research & development | $33.7M | $150M | −$116M | -78% |
| General & admin | $16.9M | $115M | −$98.1M | -85% |
| Other operating costs | $12.5M | $31.5M | −$19.0M | -60% |
| Net earnings | $12.8M | −$134M | $146M | — |
| Income tax | $4.6M | −$76.3M | $80.9M | — |
| Depreciation & amortization | $1.4M | $1.8M | −$395K | -22% |
| Share-based compensation | $17.1M | $248M | −$231M | -93% |
| Working capital & other | $8.6M | $83.2M | −$74.5M | -90% |
| Operating cash flow | $22.7M | $33.3M | −$10.6M | -32% |
Questions
How much did Wealthfront's revenue grow quarter over quarter in Q1 FY27?
Wealthfront's revenue fell $5.7M (-6%) from $96.1M in Q4 FY26 to $90.5M in Q1 FY27.
What drove Wealthfront's revenue change in Q1 FY27?
Cash management −$6.4M (-9%); Investment advisory +$441K (+2%); Other revenue +$275K (+47%).