WT FY 2025 Earnings Report — WisdomTree, Inc. Revenue & Financial Results | Market Cap Arena

WisdomTree, Inc.WT

FY 2025 Earnings

Reported February 25, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$494M	—	$428M	—	15.4%
Op. Income	$174M	—	$137M	—	26.9%
Gross Margin	72.1%	—	71.6%	—	0.5pp
Net Margin	22.1%	—	15.6%	—	6.5pp
EPS (Diluted)	$0.75	—	$0.33	—	127.3%
Free Cash Flow	$149M	—	$113M	—	31.7%

Revenue Flow

Item	Amount
REVENUE	$494M
Cost of Revenue	$138M
GROSS PROFIT	$356M
R&D Expenses	$0
Selling & Marketing	$21M
General & Administrative	$13M
SG&A Expenses	$34M
Other Expenses	$148M
Operating Expenses	$182M
Cost & Expenses	$320M
OPERATING INCOME	$174M
Interest Income	$11M
Interest Expense	$30M
Other Income/Expenses	-$32M
INCOME BEFORE TAX	$142M
Income Tax Expense	$33M
Net Income from Continuing Ops	$109M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$109M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$109M
D&A	$4M
EBIT	$174M
EBITDA	$178M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$494M
Cost of Revenue	$138M
GROSS PROFIT	$356M
R&D Expenses	$0
Selling & Marketing	$21M
General & Administrative	$13M
SG&A Expenses	$34M
Other Expenses	$148M
Operating Expenses	$182M
Cost & Expenses	$320M
OPERATING INCOME	$174M
Interest Income	$11M
Interest Expense	$30M
Other Income/Expenses	-$32M
INCOME BEFORE TAX	$142M
Income Tax Expense	$33M
Net Income from Continuing Ops	$109M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$109M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$109M
D&A	$4M
EBIT	$174M
EBITDA	$178M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$109M
Depreciation & Amortization	$5M
Stock-Based Compensation	$22M
Deferred Income Tax	$981.0K
Other Non-Cash Items	-$56M
Change in Working Capital	$68M
OPERATING CASH FLOW	$149M
Capital Expenditure	-$215.0K
Acquisitions (Net)	-$270M
Purchases of Investments	-$20M
Sales/Maturities of Investments	$13M
Other Investing Activities	-$35M
NET CASH FROM INVESTING	-$313M
Net Debt Issuance	$423M
Common Stock Repurchased	-$103M
Common Dividends Paid	-$17M
Other Financing Activities	-$15M
NET CASH FROM FINANCING	$288M
FREE CASH FLOW	$149M
Net Change in Cash	$131M

Balance Sheet

Item	Amount
Cash & Equivalents	$312M
Short-Term Investments	$107M
Net Receivables	$64M
Inventory	$0
Other Current Assets	$2M
TOTAL CURRENT ASSETS	$492M
PP&E (Net)	$3M
Goodwill	$229M
Intangible Assets	$749M
Long-Term Investments	$29M
Tax Assets	$0
Other Non-Current Assets	$11M
TOTAL NON-CURRENT ASSETS	$1.0B
TOTAL ASSETS	$1.5B
Account Payables	$33M
Short-Term Debt	$150M
Deferred Revenue	$0
Other Current Liabilities	$16M
TOTAL CURRENT LIABILITIES	$282M
Long-Term Debt	$804M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$12M
TOTAL NON-CURRENT LIABILITIES	$817M
TOTAL LIABILITIES	$1.1B
Common Stock	$1M
Additional Paid-In Capital	$189M
Retained Earnings	$221M
Treasury Stock	$0
Accum. Other Comp. Income	$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$414M
Minority Interest	$0
TOTAL EQUITY	$414M
TOTAL LIABILITIES & EQUITY	$1.5B
Total Debt	$957M
Net Debt	$645M