Wealthfront (WLTH) Operating Expenses (2024 - 2026)
Wealthfront (WLTH) recorded quarterly Operating Expenses of $310.7 million in Q1 2026, up 402.81% quarter-over-quarter from $61.8 million in Q4 2025, and up 499.92% on a YoY basis from $51.8 million in Q1 2025.
Wealthfront (WLTH) Operating Expenses (2024 - 2026) Analysis & Trends
Wealthfront's Operating Expenses history runs 3 years deep, the most recent figure standing at $310.7 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 499.92% year-over-year to $310.7 million; the TTM figure through Jan 2026 stood at $475.2 million (changed N/A YoY), while the FY2026 annual figure was $476.2 million, up 154.11% from the prior year.
- Operating Expenses was $310.7 million for Q1 2026 at Wealthfront, up from $61.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $310.7 million in Q1 2026 to a low of $50.9 million in Q4 2024.
- Historically, Operating Expenses has averaged $118.8 million across 3 years, with a median of $56.8 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses gained 21.3% in 2025, then soared 499.92% in 2026.
- A 3-year view of Operating Expenses shows it stood at $50.9 million in 2024, then grew by 21.3% to $61.8 million in 2025, then jumped by 402.81% to $310.7 million in 2026.
- The last three Operating Expenses figures came in at $310.7 million (Q1 2026), $61.8 million (Q4 2025), and $51.8 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 262.33 Bn | 244.36 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 173.49 Bn | 170.93 Bn | - | -269.42 Mn |
| 3 | Salesforce | 158.80 Bn | 146.96 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Shopify | 144.36 Bn | 138.62 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Uber Technologies | 144.25 Bn | 143.21 Bn | 11.88 Bn | 11.28 Bn |
| 6 | ServiceNow | 118.74 Bn | 113.56 Bn | 2.83 Bn | 2.33 Bn |
| 7 | Cadence Design Systems | 107.33 Bn | 105.92 Bn | 1.26 Bn | 1.04 Bn |
| 8 | Adobe | 100.50 Bn | 93.61 Bn | 5.73 Bn | 3.32 Bn |
| 9 | Automatic Data Processing | 92.49 Bn | 89.26 Bn | 2.87 Bn | 4.23 Bn |
| 10 | Wealthfront | 470.74 Mn | 29.94 Mn | 72.81 Mn | 310.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 310.66 Mn |
| Oct 31, 2025 | 61.78 Mn |
| Jan 31, 2025 | 51.78 Mn |
| Oct 31, 2024 | 50.93 Mn |