WEALTHFRONT CORP 8K

Wealthfront Corporation announced fiscal Q2 2027 results showing modest revenue growth, lower GAAP earnings due to increased post-IPO stock-based compensation, strong cash generation, expanded platform assets and client base, continued share repurchases, and product expansions in home lending and family wealth management.

On September 9, 2026, Wealthfront Corporation reported its fiscal second quarter 2027 results for the period ended July 31, 2026, highlighting total revenue of $91.9 million (up 1% year-over-year), GAAP diluted net income of $17.6 million (down from $34.7 million a year earlier driven largely by higher stock-based compensation post-IPO), adjusted EBITDA of $38.1 million (down 15% year-over-year), and adjusted free cash flow of $28.3 million, alongside operational metrics including a 12% year-over-year increase in Total Platform Assets to $99.0 billion, 14% growth in funded clients to 1.51 million, share repurchases of approximately 3.3 million shares for about $30 million, and business updates such as surpassing $100 billion in Total Platform Assets as of the end of August, ongoing expansion and automation of Wealthfront Home Lending, and the launch of Custodial Accounts to broaden its family wealth management offerings.

Filing Facts

CIK

1524566

Ticker

-

Form

8K

Source Type

sec

Accession

0001628280-26-061131

Alert Tier

6