Wealthfront (WLTH) Cost of Revenue (2024 - 2026)

Wealthfront (WLTH) recorded quarterly Cost of Revenue of $23.3 million in Q1 2026, up 129.14% quarter-over-quarter from $10.2 million in Q4 2025, and up 445.15% on a YoY basis from $4.3 million in Q1 2025.

Wealthfront (WLTH) Cost of Revenue (2024 - 2026) Analysis & Trends

Wealthfront's Cost of Revenue history runs 3 years deep, the most recent figure standing at $23.3 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 445.15% year-over-year to $23.3 million; the TTM figure through Jan 2026 stood at $42.6 million (changed N/A YoY), while the FY2026 annual figure was $51.8 million, up 67.15% from the prior year.
  • Cost of Revenue was $23.3 million for Q1 2026 at Wealthfront, up from $10.2 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $23.3 million in Q1 2026 to a low of -$6.8 million in Q1 2025.
  • Historically, Cost of Revenue has averaged $10.6 million across 3 years, with a median of $13.0 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: Cost of Revenue sank 35.63% in 2025, then jumped 445.15% in 2026.
  • A 3-year view of Cost of Revenue shows it stood at $15.8 million in 2024, then tumbled by 35.63% to $10.2 million in 2025, then jumped by 129.14% to $23.3 million in 2026.
  • The last three Cost of Revenue figures came in at $23.3 million (Q1 2026), $10.2 million (Q4 2025), and -$6.8 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 245.77 Bn 227.80 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 173.38 Bn 170.83 Bn - 55.33 Mn
3 Salesforce 149.14 Bn 137.30 Bn 8.56 Bn 3.77 Bn
4 Uber Technologies 141.25 Bn 140.21 Bn 11.88 Bn 1.33 Bn
5 Shopify 141.09 Bn 135.35 Bn 1.55 Bn 1.62 Bn
6 ServiceNow 109.96 Bn 104.78 Bn 2.83 Bn 940.00 Mn
7 Cadence Design Systems 104.55 Bn 103.15 Bn 1.26 Bn 211.49 Mn
8 Adobe 95.76 Bn 88.87 Bn 5.73 Bn 1.71 Bn
9 Automatic Data Processing 93.36 Bn 90.13 Bn 2.87 Bn 3.07 Bn
10 Wealthfront 504.73 Mn 63.93 Mn 72.81 Mn 23.32 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 23.32 Mn
Jan 31, 2026 23.32 Mn
Oct 31, 2025 10.18 Mn
Oct 31, 2025 10.18 Mn
Jan 31, 2025 -6.76 Mn
Jan 31, 2025 -6.76 Mn
Oct 31, 2024 15.81 Mn
Oct 31, 2024 15.81 Mn