Wealthfront Corporation
wealthfront.comWhat Do They Do?
Provides cash management, investment advisory, and borrowing and lending products to individual savers and investors building wealth.
10-K for FY2026, filed Apr 24, 2026We primarily generate revenue from cash management and investment advisory products. Cash management revenue is primarily earned from fees…View ↗
Our clients are primarily digital-native high earners who prioritize savings and wealth accumulation. They typically have large liquid…View ↗
Our products help our clients build long-term wealth on their own terms. We have built a range of cash management, investment advisory…View ↗
How Do They Make Money?
Program banks pay daily fees for cash-sweep services based on client deposits; part goes to clients as interest. Advisory clients pay monthly fees based on their account values, while smaller revenue includes margin-loan interest earned over time and a share of fees tied to shareholder voting materials when client information is sent.
10-K for FY2026, filed Apr 24, 2026Cash management revenue primarily consists of fees earned from program banks daily in the Company’s cash sweep program on clients’ cash…View ↗
Investment advisory consists of fees charged for investment advisory and portfolio management services. Investment advisory services…View ↗
Net interest margin revenue is earned from clients’ borrowings on margin, secured by securities and cash held on behalf of the clients…View ↗
Proxy distribution revenue is earned through a partnership with a third-party investor communications company. The Company provides certain…View ↗
-
10-K for FY2026, filed Apr 24, 2026
FY2026 revenue by product or service ↗
$365M
-
10-K for FY2026, filed Apr 24, 2026
$365M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Cash management
Recurring
10-K for FY2026, filed Apr 24, 2026 |
74% |
Cash management, FY2026
$271.7M Sources
|
Recurring |
|
Investment advisory
Recurring
10-K for FY2026, filed Apr 24, 2026 |
25% |
Investment advisory, FY2026
$91.9M Sources
|
Recurring |
|
Other revenue
|
0.4% |
Other revenue, FY2026
$1.4M Sources
|
Who Are Their Customers?
Individual digital-native high earners use the platform to save and build wealth, opening accounts and managing products through digital and mobile channels.
10-K for FY2026, filed Apr 24, 2026Our clients are primarily digital-native high earners who prioritize savings and wealth accumulation. They typically have large liquid…View ↗
Our clients have different preferences than previous generations. They are predisposed to a “there’s an app for that” mindset, and expect…View ↗
All our products are designed to simplify otherwise complex financial experiences and decisions. While complex to navigate on one’s own…View ↗
Do Revenues Turn Into Profits?
No. It lost $42.1M in FY2026.
10-K for FY2026, filed Apr 24, 2026
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2027, filed Sep 14, 2026
$17.8MView ↗
- ▼ −49%
- vs $34.7M in Q2 FY2026
10-Q for Q2 FY2027, filed Sep 14, 2026
Open tableView ↗
Growing.
Revenue grew 68% in 2 years, from $216.7M in FY2024 to $365M in FY2026, about 30% a year.
10-K for FY2026, filed Apr 24, 2026
Loading...
