earnings
confidence high
sentiment neutral
materiality 0.65
Wealthfront Q2 FY27: revenue flat at $91.9M, EPS down 59% to $0.10; assets top $100B
WEALTHFRONT CORP
- Total revenue $91.9M, up 1% YoY; GAAP diluted EPS $0.10 vs $0.24, down 59% on higher SBC from IPO dual-trigger awards.
- Total Platform Assets $99.0B, up 12% YoY; surpassed $100B as of end of August. Investment Advisory Assets up 30% to $54.1B.
- Adjusted EBITDA $38.1M, down 15% YoY; margin 41% vs 49%. Adjusted free cash flow $28.3M, down 27%.
- Repurchased 3.3M shares for ~$30M in quarter; cash above $450M, debt-free balance sheet.
- Launched Wealthfront Home Lending in TX and CA; Custodial Accounts with Tax-Gain Harvesting now available.