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| Date | Value |
|---|---|
| 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 |