WisdomTree Q1 revenue and adjusted EPS beat on strong net inflows

Wisdomtree

01/05/2026 12:11

Overview

Asset manager's Q1 operating revenue rose, beating analyst expectations

Adjusted EPS for Q1 beat analyst expectations

Company posted net loss due to $62.3 mln loss on extinguishment of convertible notes

Outlook

Company did not provide specific guidance for future quarters or the full year

Result Drivers

NET INFLOWS & MARKET APPRECIATION - Co said record AUM and revenue growth were driven by $5.9 bln of net inflows and market appreciation, especially in international developed equity, fixed income, and leveraged/inverse products

HIGHER ADVISORY FEES & EUROPEAN ETP REVENUE - Revenue growth was also supported by a higher average advisory fee and increased other revenues from European listed ETPs

OPERATING EXPENSES - Operating expenses rose from the prior quarter due to higher seasonal compensation, acquisition-related costs, and increased third-party distribution fees

Company press release: ID:nBw4wytHJa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Operating Revenue
Beat
$159.50 mln
$156.96 mln (6 Analysts)
Q1 Adjusted EPS
Beat
$0.27
$0.25 (7 Analysts)
Q1 EPS
-$0.17
Q1 Net Income
-$23.10 mln
Q1 Adjusted Gross Margin
84.40%
Q1 Adjusted Operating Income Margin
39.30%
Q1 Operating Income Margin
37.20%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy"

Wall Street's median 12-month price target for WisdomTree Inc is $20.00, about 17.6% above its April 30 closing price of $17.00

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)