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
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