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Wealthfront (WLTH) Q1 FY27 earnings results (first quarter fiscal 2027)

10-Q filed Jun 12, 2026

Wealthfront (WLTH) reported revenue of $90.5M for the first quarter fiscal 2027 (Q1 FY27), +7% from a year earlier and -6% from the quarter before. Operating margin was 19.3%, net earnings $12.8M (14.2% of revenue).

Revenue$90.5M
Year over year+7%
Quarter over quarter-6%
Operating margin19.3%
Net earnings$12.8M

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 follows the revenue to costs, profit and cash.

Q1 FY27AmountQ/QY/Y
Revenue$90.5M-6%+7%
Operating profit$17.4M—-49%
Net earnings$12.8M—-51%
Operating cash flow$22.7M-32%-41%

What changed

Revenue was $90.5M in Q1 FY27, up 7% year over year and down 6% from the previous quarter. Cash management was the largest line at 70% of revenue. Investment advisory added $6.4M year over year (up 32%), 107% of the total change. Cash management declined 1%.

Operating profit was $17.4M, a 19.3% margin (down 21.1 points year over year). Operating profit fell $16.7M even though revenue rose $6.0M versus a year earlier, so costs grew faster than sales. Total costs grew 45% against revenue growth of 7%. The fastest-growing cost line was General & admin (+71%). Net earnings were $12.8M, down 51% year over year. The effective tax rate was 26.4%.

Operating cash flow was $22.7M (down 41% year over year), 177% of net earnings. Non-cash charges added back $1.4M of depreciation and amortization and $17.1M of share-based compensation. Working capital and other items used $8.6M.

Questions

What was Wealthfront's revenue in the first quarter fiscal 2027?

Wealthfront (WLTH) reported revenue of $90.5M for the first quarter fiscal 2027 (Q1 FY27), +7% from a year earlier and -6% from the quarter before.

Was Wealthfront profitable in the first quarter fiscal 2027?

Operating profit was $17.4M (19.3% of revenue) and net earnings $12.8M.

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Source: Wealthfront 10-Q on SEC EDGAR.