Recent Updates — WLTH
Wealthfront Corporation reported financial results for its fiscal second quarter ended July 31, 2026. Total revenue was $91.9 million, a 1% increase year-over-year, driven by a 12% rise in total platform assets to $99.0 billion. GAAP diluted net income decreased 49% to $17.6 million, and diluted EPS fell to $0.10 from $0.24, primarily due to higher stock-based compensation expense following the recognition of dual-trigger awards after its December 2025 IPO. Adjusted EBITDA declined 15% to $38.1 million with a margin of 41%. The company repurchased approximately $30 million in shares during the quarter and ended with $453 million in cash. Wealthfront operates as a technology-driven financial platform providing automated investing, cash management, and home lending products to digital natives.