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WisdomTree (WT)
NYSE:WT
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EarningsQ2 2026 Earnings Report

WisdomTree (WT) Q2 2026 Earnings Report

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WT Q2 2026 EPS Results

Actual EPS$0.31
Consensus EPS$0.26
Beat/MissBeat by +$0.05
One Year Ago EPS$0.18

WT Q2 2026 Revenue Results

Actual Revenue$177.16M
Expected Revenue$170.62M
Beat/MissBeat by +$6.54M
YoY Revenue Growth+57.31%

Earnings Announcement Details

QuarterQ2 2026
Date07/31/2026
TimeBefore Open
Conference CallFriday, July 31, 2026
WT Upcoming Earnings
WisdomTree's next earnings date is estimated for October 23, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

WT Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Jul 31, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call emphasized substantial positive momentum: record AUM, strong diversified net inflows, double‑digit revenue growth (57% YoY), significant operating margin expansion (~900 bps), EPS growth, completed strategic acquisitions (Atlantic House, Ceres), deleveraging and active buybacks, plus promising tokenization initiatives. The primary negatives were transitory or manageable: seasonal/transitionary Ceres flows, modest digital asset outflows, variability in transaction/structuring fees, a reduced interest income outlook due to prioritizing repurchases, and potential dilution from convertibles. Overall, the positives materially outweigh the negatives and indicate robust execution and a favorable growth/profitability trajectory.
Company Guidance
WisdomTree updated guidance across several capital-allocation metrics: it has commenced open‑market repurchases (≈$29 million repurchased through today, about 1.7 million shares at an average price of ~$17.40) and expects ongoing repurchases over time while balancing deleveraging (it retired ≈$127 million principal of convertible notes maturing in 2026 and 2029) and preserving flexibility for strategic initiatives. Diluted share count guidance for the second half is 152–155 million (previously ~154 million), reflecting repurchases to date and potential incremental shares from remaining convertibles with conversion prices of approximately $19 and $21 (illustrative conversion tied to recent stock price levels). The company also lowered interest income guidance to $8 million from $10 million due to allocating some interest‑earning assets to buybacks, and said all other elements of prior guidance remain unchanged.
Record Assets Under Management
AUM reached $162.9B at quarter-end (sixth consecutive quarterly record), up 7% since March 31; global AUM subsequently quoted at ~ $164B (up ~1% since quarter-end, reflecting $700M net inflows and market moves).
Strong Net Inflows and Organic Growth
Quarter net inflows of $3.1B (including $2.1B in Europe and $1.0B in the U.S.); year-to-date net inflows of $9B representing an annualized organic growth rate of ~13%.
Revenue Growth Driven by Scale and Acquisitions
Quarterly revenues of $177.2M, up 11% sequentially and up 57% year-over-year; year-to-date revenues up 53%. Contributions included Atlantic House and Ceres (Ceres contributed $5.4M management fees and $6M performance fees) and higher European product AUM.
Operating Margin Expansion
Adjusted operating margin expanded ~900 basis points year-over-year to 41.1% year-to-date; management reported a second-quarter adjusted operating margin of 42.6%, underscoring operating leverage and scalability.
Earnings and EPS Growth
Adjusted net income of $48.1M for the quarter and adjusted EPS of $0.31. Management cited EPS growth of ~72% year-over-year and ~15% sequentially.
Strategic M&A Completed and Integrated
Closed Atlantic House acquisition (May 1) adding >$4B AUM and complementary revenue streams, expanding European presence and derivatives/outcome-oriented capabilities; continued integration of Ceres to expand private markets capabilities.
Disciplined Capital Allocation — Deleveraging and Buybacks
Retired approximately $127M principal amount of convertible notes (2026 and 2029) to reduce leverage; commenced open-market repurchases totaling ~$29M (~1.7M shares repurchased) and updated diluted share count guidance for H2 to 152–155M shares.
Growth in Portfolio Solutions / Model AUM
Model and SMA solutions continued rapid growth: model AUM increased from ~$6B (year end) to ~$9B (current), with model flows outpacing the ETF business and providing stickier, higher-quality assets.
Tokenization and Product Innovation
Progress on tokenization strategy highlighted by 24/7 tokenized money market fund (WTGXX) and a novel filing for a tokenized ETF; management describes a robust pipeline and sees sizable long-term opportunity in tokenized financial infrastructure.
Strong Market and Shareholder Performance
Management highlighted total shareholder return year-to-date >50% and top peer-relative performance over five years; executives expressed confidence that valuation gap can be closed via continued execution and buybacks.

WT Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Oct 23, 2026
2026 (Q3)
0.30 / -
0.23―
2026 (Q2)
0.26 / 0.31
0.1872.22% (+0.13)
2026 (Q1)
0.25 / 0.27
0.1668.75% (+0.11)
2025 (Q4)
0.23 / 0.29
0.1770.59% (+0.12)
2025 (Q3)
0.21 / 0.23
0.1827.78% (+0.05)
2025 (Q2)
0.17 / 0.18
0.1612.50% (+0.02)
2025 (Q1)
0.15 / 0.16
0.1233.33% (+0.04)
2024 (Q4)
0.18 / 0.17
0.1154.55% (+0.06)
2024 (Q3)
0.17 / 0.18
0.180.00% (+0.08)
2024 (Q2)
0.14 / 0.16
0.0977.78% (+0.07)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed