AI brief of an SEC Form 8-K · WEALTHFRONT CORP (WLTH)

Wealthfront revenue rises 7% to $90.5 million; GAAP net income falls 51%

Mixed Impact 3 of 5 earnings Written later

Wealthfront reported fiscal first quarter 2027 results for the period ended April 30, 2026. Revenue rose 7% year-over-year to $90.5 million and Total Platform Assets reached a record $96.6 billion, but GAAP diluted net income fell 51% to $12.8 million, mainly due to higher stock-based compensation tied to dual-trigger stock awards recognized after the IPO.

Key points

  • Total revenue of $90.5 million, up 7% from $84.5 million a year earlier
  • GAAP diluted net income of $12.8 million, down from $25.9 million; diluted EPS of $0.07 versus $0.18
  • Stock-based compensation of $17.1 million versus $1.9 million a year earlier, driven by dual-trigger awards following the IPO
  • Adjusted EBITDA of $37.5 million, down 1%; the company repurchased over 3 million shares for over $27 million in the quarter

The filing

CompanyWEALTHFRONT CORP (WLTH)
Form8-K, current report
Filed with the SECJun 4, 2026, 4:17 PM ET
Accession number0001628280-26-040793

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.