Wealthfront (WLTH) Operating Expenses (2024 - 2026)
Wealthfront's (WLTH) quarterly Operating Expenses came in at $75.9 million in Q2 2026, up 46.37% year-on-year from $51.9 million in Q2 2025, and down 75.56% quarter-over-quarter from $310.7 million in Q1 2026.
Wealthfront (WLTH) Operating Expenses (2024 - 2026) Analysis & Trends
Wealthfront's Operating Expenses history runs 3 years deep, the most recent figure standing at $75.9 million for 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 retreated to $75.9 million in Q2 2026 per WLTH's latest filing, from $310.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $310.7 million in Q1 2026 and bottomed at $50.9 million in Q4 2024.
- The 3-year median for Operating Expenses is $56.8 million (2025), against an average of $100.5 million.
- Across the five-year window, Operating Expenses climbed 21.3% in 2025 and surged 499.92% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $50.9 million in 2024, then grew by 21.3% to $61.8 million in 2025, then grew by 22.91% to $75.9 million in 2026.
- Per Business Quant, the three latest WLTH Operating Expenses figures stand at $75.9 million (Q2 2026), $310.7 million (Q1 2026), and $61.8 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Wealthfront | 1.36 Bn | 934.28 Mn | 80.52 Mn | 75.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |