AlTi Global 2025 Q3 Earnings Revenue Up 10.5% as Net Loss Narrows 7.2%

AlTi Global (ALTI) reported third-quarter 2025 earnings on Nov 13, 2025, with revenue rising 10.5% year-over-year to $57.20 million, exceeding expectations. While the company posted a $0.89 loss per share, its net loss narrowed to $106.95 million, a 7.2% improvement from $115.31 million in 2024 Q3. Management highlighted strategic cost reductions and a streamlined operating structure as key drivers for future margin expansion.

Revenue

AlTi Global’s total revenue surged 10.5% to $57.20 million in Q3 2025, fueled by robust performance across its core segments. Management/advisory fees led the charge with $51.68 million, forming the backbone of the firm’s recurring income. Incentive fees added $2.44 million, while distributions from investments contributed $3.08 million. Additional income/fees rounded out the total at $42,000. This diversified revenue mix underscores the company’s focus on sustainable, asset-driven growth.

Earnings/Net Income

The company’s losses widened to $0.89 per share in Q3 2025, compared to $0.68 in the prior-year period, reflecting the impact of nonrecurring charges. However, the net loss improved to $106.95 million from $115.31 million, a 7.2% reduction. This narrowing indicates progress in cost management and operational efficiency despite one-time restructuring costs. The adjusted net income of $1 million signals early-stage recovery in profitability.

Price Action

The stock price of AlTi Global declined 3.48% during the latest trading day and 0.64% over the past week, but it gained 3.19% month-to-date. Analysts note that the mixed near-term price action reflects market digestion of the earnings report and broader economic uncertainties.

Post-Earnings Price Action Review

The strategy of buying ALTI shares when revenue beats and holding for 30 days shows promising potential based on the company’s recent performance and outlook. AlTi Global’s Q3 net loss of $107 million, driven by nonrecurring charges, was offset by an adjusted net income of $1 million, signaling a recovery trend. Strong pipeline growth, cost-cutting initiatives targeting $20 million in annual savings, and a $89 billion asset base position the firm for future margin expansion. While technical indicators remain unavailable, the firm’s strategic focus on core wealth management and operational discipline suggests a prudent investment horizon, particularly if revenue beats align with positive sentiment. Investors are advised to monitor restructuring progress and market conditions for trajectory impacts.

CEO Commentary

CEO Michael Tiedemann emphasized Q3’s 10% revenue growth, driven by 6% AUM expansion to $49 billion and 96% recurring revenue. He highlighted the completion of the international real estate wind-down, transitioning to a single operating segment for enhanced transparency. Tiedemann also underscored $1.2 billion in projected billable assets year-to-date and Zero-Based Budgeting (ZBB) initiatives, expressing confidence in margin expansion and long-term positioning through technology upgrades and global scale.

Guidance

AlTi Global anticipates continued execution of strategic priorities, including margin expansion via ZBB and growth through organic initiatives, M&A, and its Allianz private markets joint venture. The firm expects recurring revenue resilience, leveraging its Lisbon “Center of Excellence,” and maintaining a focus on ultra-high-net-worth client needs. CEO Tiedemann reiterated confidence in capitalizing on financial flexibility and a robust M&A pipeline for long-term value creation.

Additional News

AlTi Global finalized its restructuring of the international real estate business, transitioning it to a single operating segment and achieving $20 million in annual cost savings via ZBB. The company also announced a partnership with Allianz in private credit, aiming to leverage scale for client benefit. CEO Tiedemann highlighted four growth segments—women managing wealth, family offices, endowments, and established wealth—with early collaboration showing positive momentum.