WisdomTree, Inc. (WT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.26	$0.31	+19.2%	—	$177.2M	—
Q1 26	$0.25	$0.27	+8.0%	—	$159.5M	—
Q3 25	$0.21	$0.23	+9.5%	—	$125.6M	—
Q2 25	$0.18	$0.18	0.0%	—	$112.6M	—
Q1 25	$0.15	$0.16	+6.7%	—	$108.1M	—
Q4 24	$0.18	$0.17	-5.6%	—	$110.7M	—
Q3 24	$0.17	$0.18	+5.9%	—	$113.2M	—
Q2 24	$0.14	$0.16	+14.3%	—	$107M	—
Q1 24	$0.11	$0.12	+9.1%	—	$96.8M	—
Q4 23	$0.1	$0.11	+10.0%	—	$90.8M	—
Q3 23	$0.1	$0.1	0.0%	—	$90.4M	—
Q2 23	$0.08	$0.09	+12.5%	—	$85.7M	—
Q1 23	$0.05	$0.07	+40.0%	—	$82M	—
Q4 22	$0.04	$0.04	0.0%	—	$73.3M	—
Q3 22	$0.06	$0.06	0.0%	—	$72.4M	—
Q2 22	$0.07	$0.07	0.0%	—	$77.3M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.77	—	—	$493.8M	—
FY24	—	$0.34	—	—	$427.7M	—
FY23	—	$0.66	—	—	$349M	—
FY22	—	$0.31	—	—	$301.3M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$218.9M	$228.3M	$274.1M	$266.5M	$249.9M	$304.3M	$301.3M	$349M	$427.7M	$493.8M
YoY change	-26.8%	+4.28%	+20.1%	-2.77%	-6.23%	+21.8%	-0.98%	+15.8%	+22.5%	+15.4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	218.9M	228.3M	274.1M	266.5M	249.9M	304.3M	301.3M	349M	427.7M	493.8M
Cost of revenue	104.3M	123.6M	131.2M	140.4M	131.4M	147.1M	162.7M	180.9M	205.2M	226.8M
Gross profit	114.6M	104.7M	142.9M	126.1M	118.5M	157.2M	138.7M	168.2M	222.5M	266.9M
Gross margin	52.3%	45.8%	52.1%	47.3%	47.4%	51.7%	46%	48.2%	52%	54.1%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	40.1M	38.9M	45.2M	42.4M	33M	36.2M	44.9M	54.5M	61.8M	56.5M
Operating expenses	49.8M	49.3M	60.4M	57.4M	45.2M	50.4M	61.2M	73.7M	83.4M	84.3M
Operating income	63.5M	53.9M	81.2M	67.7M	72.3M	106.2M	77.2M	93.6M	137.3M	178.9M
Operating margin	29%	23.6%	29.6%	25.4%	28.9%	34.9%	25.6%	26.8%	32.1%	36.2%
Non-operating income, net	-9M	1.4M	-25.3M	-59.6M	-98.6M	-39.2M	-25.6M	36.6M	-29.8M	-17.2M
Pretax income	55.6M	58.2M	51M	121K	-35.2M	56.7M	40M	119M	95.4M	142.2M
Income tax	29.4M	31M	14.4M	10.5M	433K	6.9M	-10.7M	16.5M	28.7M	33.1M
Net income	26.2M	27.2M	36.6M	-10.4M	-35.7M	49.8M	50.7M	102.5M	66.7M	109.1M
Net margin	11.9%	11.9%	13.4%	-3.91%	-14.3%	16.4%	16.8%	29.4%	15.6%	22.1%
EBITDA	65.3M	57.5M	85.4M	71.7M	77.8M	102.9M	45.5M	98.2M	148M	197.2M
EPS	0.19	0.2	0.23	0.12	-0.25	0.31	0.31	0.66	0.34	0.77
Diluted EPS	0.19	0.2	0.23	0.12	-0.25	0.31	0.31	0.64	0.33	0.75

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	90.4M	90.8M	96.8M	107M	113.2M	110.7M	108.1M	112.6M	125.6M	147.4M	159.5M	177.2M
Cost of revenue	46M	46.3M	51M	50.9M	50.4M	52.9M	54.5M	54.1M	56.1M	62.1M	72.4M	73.9M
Gross profit	44.4M	44.5M	45.8M	56.1M	62.8M	57.8M	53.6M	58.5M	69.5M	85.3M	87.1M	103.2M
Gross margin	49.2%	49%	47.3%	52.4%	55.5%	52.2%	49.6%	52%	55.3%	57.9%	54.6%	58.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	12.1M	13.2M	12.9M	16.7M	16.1M	16.2M	13.2M	14.3M	13.8M	15.1M	14.8M	17.3M
Operating expenses	17.4M	18.2M	17.5M	22.2M	21.5M	22.3M	18.9M	21.4M	20.8M	23.2M	23.7M	26.9M
Operating income	26.7M	26M	27.9M	33.5M	40.8M	35M	34.2M	36.6M	48.1M	60.1M	61.3M	72.9M
Operating margin	29.5%	28.7%	28.9%	31.3%	36%	31.7%	31.6%	32.5%	38.3%	40.7%	38.4%	41.2%
Non-operating income, net	-5.2M	1.3M	2.6M	-1.3M	-33.7M	2.6M	-250K	-1.3M	-14.1M	-1.5M	-67.4M	-2.7M
Pretax income	18.8M	24.8M	27.8M	29.5M	3.9M	34.2M	30.4M	31.9M	29.5M	50.5M	-14.6M	58.5M
Income tax	5.8M	5.7M	5.7M	7.8M	8.4M	6.9M	5.7M	7.1M	9.8M	10.4M	8.5M	14.3M
Net income	13M	19.1M	22.1M	21.8M	-4.5M	27.3M	24.6M	24.8M	19.7M	40M	-23.1M	44.3M
Net margin	14.4%	21%	22.8%	20.3%	-3.96%	24.7%	22.8%	22%	15.7%	27.1%	-14.5%	25%
EBITDA	25.6M	29.5M	32.6M	34.4M	40.3M	40.6M	36.7M	40.2M	54.4M	65.9M	65.8M	86.4M
EPS	0.07	0.16	0.14	0.13	-0.13	0.19	0.17	0.17	0.14	0.29	-0.17	0.3
Diluted EPS	0.07	0.16	0.13	0.13	-0.13	0.18	0.17	0.17	0.13	0.28	-0.17	0.28

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	1.5B	1.7B	975.2M	734.8M	795.4M	880.3M	779.5M	1B	1.5B	1.7B	3.6B
Enterprise value	1.3B	1.6B	1.1B	841.2M	874.3M	931.6M	843.8M	1.1B	1.8B	2.2B	4.3B
Shares outstanding	134.4M	134.6M	146.6M	151.8M	148.7M	143.8M	143M	144.7M	144.6M	140.4M	140.4M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	57.2	62.1	26.6	—	—	17.7	15.4	9.78	22.8	15.7	44.2
P/S	6.84	7.4	3.56	2.76	3.18	2.89	2.59	2.87	3.55	3.47	6.05
P/B	7.44	8.76	2.72	2.18	2.99	3.27	2.55	2.45	3.8	4.14	8.59
EV/EBITDA	20.6	27.3	12.7	11.7	11.2	9.05	18.6	11.1	11.9	11.4	17.5
EV/Sales	6.13	6.87	3.95	3.16	3.5	3.06	2.8	3.12	4.13	4.55	7.12
Earnings yield	1.75%	1.61%	3.76%	—	—	5.66%	6.5%	10.2%	4.39%	6.38%	2.26%
FCF yield	3.6%	2.73%	3.83%	7.82%	5.87%	8.52%	7.04%	8.31%	7.31%	8.46%	4.3%
PEG	—	—	—	—	—	—	—	—	—	—	0.58

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	52.3%	45.8%	52.1%	47.3%	47.4%	51.7%	46%	48.2%	52%	54.1%	58.3%
Operating margin	29%	23.6%	29.6%	25.4%	28.9%	34.9%	25.6%	26.8%	32.1%	36.2%	41.2%
Net margin	11.9%	11.9%	13.4%	-3.91%	-14.3%	16.4%	16.8%	29.4%	15.6%	22.1%	13.3%
ROE	13%	14.1%	10.2%	-3.09%	-13.4%	18.5%	16.6%	25.1%	16.7%	26.4%	18.7%
ROA	10.5%	10.7%	3.91%	-1.11%	-3.98%	4.8%	4.9%	10.9%	6.45%	7.21%	11.2%
ROIC	65.3%	35.3%	12.5%	0%	20.9%	29.1%	20.9%	16.2%	14.9%	14.4%	13.6%
Return on tangible assets	11.6%	12%	-8.31%	2.35%	7.47%	-14.8%	-14.7%	-23.3%	-19%	-24.7%	-11.1%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	4.07	2.69	1.88	1.56	1.92	3.63	1.98	2.23	2.92	1.75	3
Quick ratio	4.07	2.69	1.88	1.56	1.92	3.63	1.98	2.23	2.92	1.75	3
Debt / equity	—	—	0.54	0.59	0.7	1.18	1.06	0.67	1.28	2.31	2.58
Debt / assets	—	—	0.21	0.21	0.21	0.31	0.31	0.29	0.5	0.63	0.66
Net debt / EBITDA	—	—	1.26	1.48	1.01	0.5	1.42	0.89	1.66	2.73	2.74
Interest coverage	—	—	7.41	1.01	-2.64	5.6	3.67	8.81	6.04	5.68	3.73
Effective tax rate	52.9%	53.3%	28.2%	100%	0%	12.1%	0%	13.8%	30.1%	23.3%	34.7%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	1.63	1.7	1.87	1.76	1.68	2.12	2.11	2.41	2.96	3.52	4.33
EPS (basic)	0.19	0.2	0.23	0.12	-0.25	0.31	0.31	0.66	0.34	0.77	0.77
EPS (diluted)	0.19	0.2	0.23	0.12	-0.25	0.31	0.31	0.64	0.33	0.75	0.55
Book value per share	1.5	1.43	2.44	2.22	1.79	1.87	2.14	2.83	2.77	2.95	2.83
FCF per share	0.4	0.34	0.26	0.38	0.31	0.52	0.38	0.58	0.77	1.03	1.23
Cash per share	1.16	0.9	0.59	0.61	0.73	1.86	1.81	1.3	1.84	2.98	2.25
Capex per share	0.01	0	0	0	0	0	0	0	0	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.49%	0.13%	0.03%	0.02%	0.19%	0.1%	0.07%	0.03%	0.03%	—	—
Capex / operating cash flow	1.81%	0.9%	0.24%	0.33%	1.41%	0.3%	0.66%	0.19%	0.16%	—	—
Payout ratio	166.9%	161%	52.5%	-195.5%	-56.4%	39.1%	38.2%	19.6%	28.5%	15.9%	21.8%
Dividend yield	2.92%	2.59%	1.97%	2.77%	2.53%	2.21%	2.48%	2.01%	1.25%	1.01%	0.5%

Yield

0.5%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.03

ex-dividend Aug 12, 2026

Payout ratio

22%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 12, 2026	$0.03
May 13, 2026	$0.03
Feb 11, 2026	$0.03
Nov 12, 2025	$0.03
Aug 13, 2025	$0.03
May 14, 2025	$0.03

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$90.4M	$90.8M	$96.8M	$107M	$113.2M	$110.7M	$108.1M	$112.6M	$125.6M	$147.4M	$159.5M	$177.2M
YoY change	+24.9%	+23.9%	+18%	+24.9%	+25.2%	+21.9%	+11.6%	+5.22%	+11%	+33.2%	+47.5%	+57.3%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	155.6M	121.5M	86.7M	92.3M	108.3M	267.9M	258.3M	188M	266.6M	418.8M
Receivables	17.7M	21.3M	25.8M	26.8M	29.5M	31.9M	30.5M	35.5M	44.9M	64.5M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	177.2M	154.3M	118.3M	123.1M	141.9M	304M	294M	229.8M	318.4M	492.4M
Property, plant & equipment	11.7M	10.7M	9.1M	8.1M	7.6M	557K	544K	427K	336K	431K
Goodwill & intangibles	23.5M	27.8M	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	2B
Total assets	249.8M	255M	937.5M	935.2M	896.7M	1B	1B	944.1M	1B	1.5B
Accounts payable	19.4M	28.3M	30.9M	31M	29.8M	9.3M	9.1M	15.8M	22.1M	32.7M
Short-term debt	—	—	—	3.7M	3.1M	209K	60.3M	578K	709K	151.2M
Total current liabilities	43.5M	57.3M	62.8M	79M	74M	83.7M	148.4M	103.2M	109.2M	282.1M
Long-term debt	—	—	194.6M	195M	184.1M	319M	262.4M	274.9M	512.2M	805.4M
Total liabilities	48.4M	62M	579.2M	597.8M	630.4M	768.4M	728.2M	535M	633.6M	1.1B
Shareholders' equity	201.3M	193M	358.3M	337.4M	266.3M	269.4M	305.6M	409.1M	400M	413.7M
Total debt	—	—	194.6M	198.7M	187.2M	319.2M	322.7M	275.5M	512.9M	956.6M
Net debt	—	—	116.8M	123.7M	113.8M	178.5M	190.6M	146.2M	331.7M	644.9M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	80.2M	188M	67.3M	188.8M	242.6M	266.6M	255.7M	291.4M	660.1M	418.8M	690.7M	332.5M
Receivables	35.9M	35.5M	8.8M	42.7M	45.2M	44.9M	46.1M	43.1M	46.6M	64.5M	10.5M	13.7M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	211.8M	229.8M	223M	254.7M	307.2M	318.4M	313.5M	350.7M	716.4M	492.4M	768.1M	423.4M
Property, plant & equipment	457K	427K	436K	413K	389K	336K	302K	316K	307K	431K	401K	593K
Goodwill & intangibles	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	2B	2B	2.4B
Total assets	951.8M	944.1M	931.7M	964.1M	1B	1B	1B	1.1B	1.4B	1.5B	1.8B	1.6B
Accounts payable	42.3M	15.8M	49.8M	46.9M	54.8M	22.1M	20.3M	23.2M	23M	32.7M	23.9M	42.3M
Short-term debt	889K	578K	251K	847K	950K	709K	493K	150.5M	150.6M	151.2M	76.4M	19.5M
Total current liabilities	75.4M	103.2M	75.6M	84.7M	106.5M	109.2M	81.9M	243.9M	254.4M	282.1M	168.1M	141.4M
Long-term debt	274.5M	274.9M	275.3M	275.6M	511.7M	512.2M	512.7M	364.9M	805.6M	805.4M	1.1B	1.1B
Total liabilities	482.4M	535M	508.4M	518.6M	644.5M	633.6M	607.2M	621.8M	1.1B	1.1B	1.3B	1.2B
Shareholders' equity	469.4M	409.1M	423.2M	445.6M	374.9M	400M	415.6M	445.1M	373.4M	413.7M	475M	418.5M
Total debt	275.4M	275.5M	275.5M	276.5M	512.6M	512.9M	513.2M	515.4M	956.2M	956.6M	1.2B	1.1B
Net debt	274.2M	146.2M	266.5M	157.5M	347.3M	331.7M	342.9M	321.7M	400.4M	644.9M	577.2M	783.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	26.2M	27.2M	36.6M	-10.4M	-35.7M	49.8M	50.7M	102.5M	66.7M	109.1M
Depreciation & amortization	1.3M	1.4M	1.3M	4.2M	4.2M	2.7M	1.2M	2.2M	3.1M	5.3M
Stock-based compensation	14.9M	14.7M	13.3M	11.6M	11.7M	10M	10.4M	16.2M	20.7M	21.6M
Change in working capital	4.1M	-13.2M	19.7M	34.3M	42.2M	94.3M	39.8M	41.1M	45.4M	61.4M
Operating cash flow	59M	32.9M	29.8M	14.1M	33.6M	99.1M	33.5M	58.4M	86.6M	147.9M
Capital expenditure	-1.1M	-295K	-71K	-47K	-472K	-293K	-220K	-113K	-141K	—
Investing cash flow	-89.3M	-34.9M	-181.8M	-17.7M	10.6M	-99.6M	-37.7M	84.2M	-21.5M	-309.9M
Dividends paid	-43.7M	-43.8M	-19.2M	-20.4M	-20.1M	-19.5M	-19.4M	-20.1M	-19M	-17.3M
Share repurchases	-39.4M	-7.9M	-2.9M	-2.3M	-31.2M	-34.5M	-3.4M	-43.6M	-206.7M	-102.7M
Financing cash flow	-83M	-51.7M	169M	-43.7M	-60.5M	91.7M	-22.8M	-171.6M	-36M	289.8M
Net change in cash	-113.3M	-53.6M	17M	-47.3M	-16.3M	91.2M	-27M	-29M	29M	127.9M
Free cash flow	53.8M	46.1M	37.4M	57.4M	46.7M	75M	54.9M	83.3M	111M	144.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	—	—	—	—	—	—	19.7M	40M	-23.1M	44.3M
Depreciation & amortization	—	—	—	—	—	—	—	—	956K	2.6M	2.6M	3.9M
Stock-based compensation	—	—	—	—	—	—	—	—	4.9M	5M	8.4M	7.8M
Change in working capital	—	—	—	—	—	—	—	—	11.3M	13.2M	13.8M	35.7M
Operating cash flow	—	—	—	—	—	—	—	—	48.1M	54.7M	18M	75.5M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	264K	21.3M	5.2M	135K	37.1M	5.7M	394K	4.1M	-18.7M	-275.8M	39.6M	30.5M
Dividends paid	—	—	—	—	—	—	—	—	-4.3M	-4.1M	-4.7M	-4.3M
Share repurchases	—	—	—	—	—	—	—	—	-90M	0	-25M	-25.9M
Financing cash flow	—	—	—	—	—	—	—	—	334.8M	-21.5M	258.8M	-237.7M
Net change in cash	264K	21.3M	5.2M	135K	37.1M	5.7M	394K	4.1M	364.2M	-242.7M	316.4M	-131.7M
Free cash flow	—	—	—	—	—	—	—	—	47.4M	53.7M	16.9M	74.4M

WisdomTree, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement