Wealthfront (WLTH) Cost of Revenue (2024 - 2026)
Wealthfront (WLTH) posted Cost of Revenue of $11.2 million for Q2 2026, down 44.57% on a QoQ basis from $20.2 million in Q1 2026, and up 10.13% year-over-year from $10.2 million in Q2 2025.
Analysis
Wealthfront (WLTH) Cost of Revenue (2024 - 2026) Analysis & Trends
Wealthfront has reported Cost of Revenue for 3 years, with the latest figure at $11.2 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 10.13% year-over-year to $11.2 million in Q2 2026; TTM through Apr 2026 was $53.9 million, a N/A change from a year earlier, with the FY2026 full-year figure at $51.8 million, down 0.84% from the prior year.
- Cost of Revenue was $11.2 million for Q2 2026 at Wealthfront, down from $20.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $20.2 million in Q1 2026, with the low at $10.2 million in Q2 2025.
- Average Cost of Revenue over 3 years is $14.0 million, with a median of $13.4 million recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Cost of Revenue fell 22.63% in 2025, then soared 39.83% in 2026.
- Over 3 years, Cost of Revenue stood at $15.8 million in 2024, then dropped by 22.63% to $12.2 million in 2025, then retreated by 8.29% to $11.2 million in 2026.
- The last three Cost of Revenue figures came in at $11.2 million (Q2 2026), $20.2 million (Q1 2026), and $12.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 173.88 Bn | 160.24 Bn | - | - |
| 2 | Spdr Gold Trust | 143.21 Bn | -414.80 Bn | - | - |
| 3 | World Gold Trust | 30.03 Bn | -73.04 Bn | - | - |
| 4 | Ishares Gold Trust | 27.84 Bn | -32.27 Bn | - | - |
| 5 | Principal Financial | 25.04 Bn | -27.21 Bn | 1.91 Bn | 1.99 Bn |
| 6 | iShares Silver Trust | 23.18 Bn | -5.03 Bn | - | - |
| 7 | Franklin Resources | 17.63 Bn | 15.39 Bn | - | - |
| 8 | Invesco | 14.60 Bn | 14.32 Bn | 1.79 Bn | 36.70 Mn |
| 9 | Affiliated Managers | 9.57 Bn | 10.05 Bn | - | - |
| 10 | Wealthfront | 1.43 Bn | 1.00 Bn | 79.26 Mn | 11.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 11.22 Mn |
| Jan 31, 2026 | 20.24 Mn |
| Oct 31, 2025 | 12.23 Mn |
| Apr 30, 2025 | 10.19 Mn |
| Jan 31, 2025 | 14.48 Mn |
| Oct 31, 2024 | 15.81 Mn |