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WisdomTree vs Siebert Financial: WT and SIEB compared
WisdomTree is the larger company: $179M of revenue in its latest quarter (Q3 2026) against $31.2M for Siebert Financial (Q2 2026). Siebert Financial is growing faster (+110% against +43% a year earlier). WisdomTree is more profitable, with an operating margin of 41.3% against -1.5%.
Where the money goes: WT and SIEB
WisdomTree (WT) · Q3 2026
WisdomTree, Q3 2026: revenue $179M (+43% year over year), operating margin 41.3%, net earnings $49.2M, operating cash flow $59.7M. The chart follows the revenue to costs, profit and cash.
Siebert Financial (SIEB) · Q2 2026
Siebert Financial, Q2 2026: revenue $31.2M (+110% year over year), operating margin -1.5%, net loss $326K, operating cash flow −$2.6M. The chart follows the revenue to costs, profit and cash.
| WisdomTree (WT) | Siebert Financial (SIEB) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $179M | $31.2M |
| Revenue growth, Y/Y | +43% | +110% |
| Operating margin | 41.3% | -1.5% |
| Net earnings | $49.2M | −$326K |
| Net margin | 27.4% | -1.0% |
| Operating cash flow | $59.7M | −$2.6M |
| Free cash flow | $59.6M | — |
Where the revenue comes from
WisdomTree
- Advisory fees: $152M (85%)
- Other revenues: $18.5M (10%)
- Management fees: $5.4M (3%)
- Performance fees: $3.8M (2%)
Siebert Financial
- Revenues from Contracts with Customers: $21.7M (70%)
- Revenue Outside the Scope of Topic 606: $9.5M (30%)
Questions
Which is bigger, WisdomTree or Siebert Financial?
WisdomTree is the larger company: $179M of revenue in its latest quarter (Q3 2026) against $31.2M for Siebert Financial (Q2 2026).
Is WisdomTree or Siebert Financial growing faster?
Siebert Financial is growing faster (+110% against +43% a year earlier).
Which is more profitable, WisdomTree or Siebert Financial?
WisdomTree is more profitable, with an operating margin of 41.3% against -1.5%.
More: WisdomTree earnings · how WisdomTree makes money · Siebert Financial earnings · how Siebert Financial makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Aug 11, 2026). Fiscal quarters can end on different dates. Not investment advice.