FMP
Jan 14, 2026
Wealthfront Corporation, trading on the NASDAQ under the symbol WLTH, is a financial services company known for its innovative approach to investment management and financial planning. The company offers a range of services, including investment advisory and cash management, and has recently expanded into new areas like home mortgages. Wealthfront competes with other financial technology firms, leveraging its platform to attract and manage substantial assets.
On January 12, 2026, WLTH reported its earnings, revealing an impressive earnings per share (EPS) of $0.21, which significantly surpassed the estimated EPS of -$0.22. This positive performance is further supported by the company's net income of $30.9 million, resulting in a robust net income margin of 33%. Such figures highlight Wealthfront's strong profitability and efficient cost management.
WLTH's revenue for the fiscal third quarter reached $93.22 million, exceeding the estimated $92.47 million. This achievement is part of a broader trend, as the company reported a 16% increase in total revenue, reaching a record $93.22 million. The growth in revenue is complemented by a 24% rise in adjusted EBITDA to $43.8 million, with an adjusted EBITDA margin of 47%, indicating strong operational performance.
The company's total platform assets rose by 21% to a record $92.8 billion, as highlighted by CEO David Fortunato. This growth is attributed to the best performance in net cross-account transfers from Cash Management to Investment Advisory in the company's history. Fortunato also emphasized the acceleration in product innovation, including the launch of Nasdaq-100 Direct and the origination of Wealthfront's first home mortgage.
Wealthfront's financial metrics reflect its strong market position. With a price-to-earnings (P/E) ratio of approximately 3.70, the company is valued relatively low compared to its earnings. The price-to-sales ratio of about 4.33 and an enterprise value to sales ratio of around 3.58 indicate investor confidence in the company's revenue potential. Additionally, the low debt-to-equity ratio of 0.032 suggests minimal reliance on debt, enhancing financial stability.
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