Wealthfront WLTH
NASDAQ WLTH
$9.58 +0.25 (+2.68%)
At close: Sep 4, 2026 · 4:00 PM EDT

Wealthfront (WLTH) Operating Expenses (2024 - 2026)

Wealthfront (WLTH) posted Operating Expenses of $75.9 million for Q2 2026, down 75.56% on a QoQ basis from $310.7 million in Q1 2026, and up 46.37% year-over-year from $51.9 million in Q2 2025.

Analysis

Wealthfront (WLTH) Operating Expenses (2024 - 2026) Analysis & Trends

Wealthfront has reported Operating Expenses for 3 years, with the latest figure at $75.9 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 46.37% year-over-year to $75.9 million in Q2 2026; TTM through Apr 2026 was $500.3 million, a N/A change from a year earlier, with the FY2026 full-year figure at $476.2 million, up 154.11% from the prior year.
  • Operating Expenses was $75.9 million for Q2 2026 at Wealthfront, down from $310.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $310.7 million in Q1 2026, with the low at $50.9 million in Q4 2024.
  • Average Operating Expenses over 3 years is $100.5 million, with a median of $56.8 million recorded in 2025.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses advanced 21.3% in 2025, then jumped 499.92% in 2026.
  • Over 3 years, Operating Expenses stood at $50.9 million in 2024, then increased by 21.3% to $61.8 million in 2025, then increased by 22.91% to $75.9 million in 2026.
  • The last three Operating Expenses figures came in at $75.9 million (Q2 2026), $310.7 million (Q1 2026), and $61.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 173.88 Bn 160.24 Bn - 4.62 Bn
2 Spdr Gold Trust 143.21 Bn -414.80 Bn - 149.76 Mn
3 World Gold Trust 30.03 Bn -73.04 Bn - 7.55 Mn
4 Ishares Gold Trust 27.84 Bn -32.27 Bn - 43.37 Mn
5 Principal Financial 25.04 Bn -27.21 Bn 1.91 Bn 3.41 Bn
6 iShares Silver Trust 23.18 Bn -5.03 Bn - 44.44 Mn
7 Franklin Resources 17.63 Bn 15.39 Bn - 2.14 Bn
8 Invesco 14.60 Bn 14.32 Bn 1.79 Bn 1.46 Bn
9 Affiliated Managers 9.57 Bn 10.05 Bn - 486.70 Mn
10 Wealthfront 1.43 Bn 1.00 Bn 79.26 Mn 75.94 Mn
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 75.94 Mn
Jan 31, 2026 310.66 Mn
Oct 31, 2025 61.78 Mn
Apr 30, 2025 51.88 Mn
Jan 31, 2025 51.78 Mn
Oct 31, 2024 50.93 Mn