Wealthfront (WLTH) Cost of Revenue (2024 - 2026)
Wealthfront's Cost of Revenue was $10.76 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 12.3% from $9.59 million a year earlier and up 8.0% from the prior quarter.
Wealthfront (WLTH) Cost of Revenue (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Wealthfront's Cost of Revenue was $40.48 million through Jul 31, 2026, up 16.4% year-over-year; for FY2026 (ended Jan 31, 2026), it was $38.01 million, up 22.7% from FY2025.
- In earlier fiscal years, Cost of Revenue was $30.96 million in FY2025 (+35.2%) and $22.9 million in FY2024.
- The fiscal Q2 2027 figure marks the highest quarterly Cost of Revenue in data going back to fiscal Q3 2025.
- Compared with a year earlier, Cost of Revenue has increased for four straight quarters, with growth averaging 16.7% over the last four quarters.
- Per Business Quant data, WLTH's Cost of Revenue in the three fiscal quarters before Q2 2027 was $9.96 million (Q1 2027), $9.57 million (Q4 2026) and $10.18 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.13 Bn | 110.49 Bn | - | - |
| 2 | Spdr Gold Trust | 133.82 Bn | -424.18 Bn | - | - |
| 3 | Blackstone | 84.08 Bn | 79.01 Bn | - | - |
| 4 | Brookfield | 82.97 Bn | -82.41 Bn | 4.47 Bn | 14.94 Bn |
| 5 | Kkr | 81.05 Bn | 47.53 Bn | - | - |
| 6 | Brookfield Asset Management | 71.64 Bn | 67.88 Bn | - | - |
| 7 | Apollo Global Management | 65.67 Bn | 3.35 Bn | 10.56 Bn | 594.00 Mn |
| 8 | Wheaton Precious Metals | 61.89 Bn | 57.32 Bn | 687.86 Mn | 241.35 Mn |
| 9 | Franco Nevada | 46.13 Bn | 43.49 Bn | 451.00 Mn | 45.90 Mn |
| 10 | Wealthfront | 1.51 Bn | -76.50 Mn | 81.11 Mn | 10.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 10.76 Mn |
| Apr 30, 2026 | 9.96 Mn |
| Jan 31, 2026 | 9.57 Mn |
| Oct 31, 2025 | 10.18 Mn |
| Jul 31, 2025 | 9.59 Mn |
| Apr 30, 2025 | 8.67 Mn |
| Jan 31, 2025 | 8.54 Mn |
| Oct 31, 2024 | 7.99 Mn |
Wealthfront Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=WLTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "WLTH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=WLTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();