WEALTHFRONT CORP (WLTH)
Wealthfront Corporation operates as a privately held asset management firm. While primarily serving individual investors, its client base also extends to high-net-worth individuals, charitable organizations, and corporate entities. The company builds portfolios by allocating capital to public equity and fixed income funds, alongside various mutual funds and exchange-traded funds (ETFs). All investment decisions are informed by its proprietary, in-house research. Headquartered in Redwood City, California, with an additional presence in Palo Alto, California, the firm was formerly known as Wealthfront Inc.
Sector: Finance Services
Industry: Software - Application
Wealthfront Corporation
NASDAQ:WLTHTechnology · Software - Application
+0.28%$10.63
CLOSED · Nov 6Prev close$10.60+0.28%Close$10.630.00%AH close$10.63
AH$10.63+0.00%vs close
Mkt Cap$1.66B
Float81.6M
O/S156.18M
VOL1.1M sh
$ Vol$11.75M
RVOL0.48×
Inst Own62.3%
SI15.0%
Dilution
Financials Summary
Revenue$364.99M
Net Income-$42.07M
Total Assets$1.42B
Free Cash Flow$151.05M
Debt & Equity
Debt 2%
Equity 98%
Total Debt$10.39M
Total Equity$614.69M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:1,000Reverse splitApr 7, 20081,000 shares → 1
Balance Sheet Details
Assets$1.42B
Liabilities$801.04M
Accounts Receivable$260.54M
Accounts Payable$37.51M
Inventory$0
PP&E (Net)$16.45M
Goodwill$0
Intangible Assets$36.99M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 |
| Revenue | $364.99M | $308.86M | $216.71M |
| YoY Growth | 18.2% | 42.5% | - |
| Cost of Revenue | $282.68M | $30.96M | $22.9M |
| Gross Profit | $82.32M | $277.89M | $193.82M |
| Gross Margin | 22.6% | 90.0% | 89.4% |
| Research and Development | $0 | $64.52M | $57.56M |
| Selling, General, and Administrative | $0 | $81.29M | $44.92M |
| Other | $193.49M | $10.62M | $9.77M |
| Total Operating Expenses | $193.49M | $156.42M | $112.24M |
| Operating Income (EBIT) | -$111.17M | $121.47M | $81.58M |
| Operating Margin | -30.5% | 39.3% | 37.6% |
| Interest Expense | $891K | $2.81M | $2M |
| Interest Income | $1.39M | $0 | $0 |
| Other Income (Expense) | $9.92M | $17.76M | -$2.99M |
| Income Before Tax (EBT) | -$101.25M | $139.23M | $78.59M |
| Income Tax Expense | -$59.18M | -$55.22M | $1.62M |
| Net Income | -$42.07M | $194.45M | $76.97M |
| Net Income Margin | -11.5% | 63.0% | 35.5% |
| Supplementary Data | |||
| EPS | -0.74 | 1.33 | 0.53 |
| Diluted EPS | -0.26 | 1.33 | 0.53 |
| Weighted Average OS | 56.69M | 146.27M | 146.27M |
| EBITDA | -$92.96M | $148.28M | $86.63M |
| EBITDA Margin | -25.5% | 48.0% | 40.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 |
| Assets | |||
| Current Assets | |||
| Cash and Cash Equivalents | $451.18M | $151.94M | $93.18M |
| Short-Term Investments | $514.88M | $28.06M | $9.02M |
| Cash and Short-Term Investments | $966.06M | $180M | $102.21M |
| Accounts Receivable | $260.54M | $147.65M | $89.65M |
| Inventory | $0 | $0 | $0 |
| Other Current Assets | $0 | $18.8M | $8.71M |
| Total Current Assets | $1.23B | $346.45M | $200.56M |
| Long-Term Assets | |||
| Property, Plant & Equipment Net | $16.45M | $25.95M | $27.77M |
| Goodwill | $0 | $0 | $0 |
| Intangible Assets | $36.99M | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 |
| Deferred Tax Assets | $119.75M | $60.19M | $0 |
| Other Long-Term Assets | $15.94M | $2.61M | $2.82M |
| Total Long-Term Assets | $189.13M | $88.76M | $30.59M |
| Other Assets | $0 | $0 | $0 |
| Total Assets | $1.42B | $435.21M | $231.15M |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | $37.51M | $6.47M | $5.5M |
| Short-Term Debt | $0 | $0 | $46.95M |
| Current Income Tax Payable | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 |
| Other Current Liabilities | $523.71M | $155.68M | $14.59M |
| Total Current Liabilities | $792.75M | $173.22M | $139.86M |
| Long-Term Liabilities | |||
| Long-Term Debt | $0 | $0 | $23.92M |
| Long-Term Unearned Revenue | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.99M | $9.65M | $7.67M |
| Total Long-Term Liabilities | $8.29M | $19.45M | $44.95M |
| Other Liabilities | $0 | $0 | $0 |
| Total Liabilities | $801.04M | $192.67M | $184.81M |
| Stockholders' Equity | |||
| Preferred Stock | $0 | $227.2M | $227.2M |
| Common Stock | $12K | $4K | $4K |
| Retained Earnings | -$142M | -$99.94M | -$294.38M |
| Comprehensive Income & Other | $0 | $0 | $0 |
| Other Stockholders' Equity | $756.68M | $342.47M | $340.72M |
| Total Equity | $614.69M | $242.54M | $46.34M |
| Minority Interest | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.42B | $435.21M | $231.15M |
| Supplementary Data | |||
| Total Debt | $10.39M | $13.35M | $87.62M |
| Net Debt | -$440.79M | -$138.59M | -$5.56M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 |
| Operating Activities | |||
| Net Income | -$42.07M | $194.45M | $76.97M |
| Depreciation & Amortization | $7.4M | $6.24M | $6.04M |
| Deferred Income Tax | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $11.85M |
| Changes in Working Capital: | |||
| Accounts Receivable | -$112.89M | -$58M | $38.38M |
| Inventory | $0 | $0 | $0 |
| Accounts Payable | $130.85M | $59.17M | -$54.17M |
| Other Working Capital | -$33.91M | -$11.17M | -$3.34M |
| Total Working Capital Change | -$15.95M | -$9.99M | -$19.13M |
| Other Non-Cash Items | $202.81M | -$67.54M | -$2.81M |
| Net Cash from Operating | $152.19M | $123.15M | $72.92M |
| Investing Activities | |||
| Capital Expenditures | -$1.14M | -$5.84M | -$5.16M |
| Acquisitions | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 |
| Net Cash from Investing | -$1.14M | -$5.84M | -$5.16M |
| Financing Activities | |||
| Debt Repaid | - | $49.12M | $40.58M |
| Common Stock Issuance | $285.5M | $27.61M | $1.08M |
| Common Stock Repurchases | -$459K | -$37.04M | $0 |
| Dividends Paid | $0 | $0 | $0 |
| Other Financing Activities | -$136.85M | $0 | $0 |
| Net Cash from Financing | $148.19M | -$58.55M | -$39.5M |
| Forex Effect | $1K | $0 | $64.93M |
| Net Change in Cash | $299.24M | $58.76M | $93.18M |
| Supplementary Data | |||
| Operating Cash Flow | $152.19M | $123.15M | $72.92M |
| Capital Expenditure | -$1.14M | -$533K | -$502K |
| Free Cash Flow | $151.05M | $122.62M | $72.42M |
| Cash at Beginning | $151.94M | $93.18M | $0 |
| Cash at End | $451.18M | $151.94M | $93.18M |