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
DateValue
Jan 31, 2026 310.66 Mn
Oct 31, 2025 61.78 Mn
Jan 31, 2025 51.78 Mn
Oct 31, 2024 50.93 Mn