What is the revenue and EPS growth rate for WisdomTree year over year?

What guidance did WisdomTree's management provide for the next earnings period?

What is WisdomTree's gross profit margin?

What is the market's earnings forecast for WisdomTree next quarter?

What is WisdomTree's latest dividend and current dividend yield?

What were the key takeaways from WisdomTree's earnings call?

Did WisdomTree beat or miss consensus estimates last quarter?

What factors drove the changes in WisdomTree's revenue and profit?

- **AUM milestone**: $160.8B global AUM, up 11% YTD, driven by $8.5B net inflows and Ceres acquisition.
- **Margin expansion**: 300bps operating margin growth to 36.5%, with 2026 guidance for 26-28% comp ratio.
- **Digital asset breakout**: Tokenized AUM $770M, 29 institutions on Connect, 3,500+ wallets active.
- **Strategic momentum**: 8% organic growth vs peers, $1B+ inflows in metals, Europe UCITS AUM up 74% YoY.
- **Valuation opportunity**: Trading at 7-8x below S&P 500 despite 33% revenue growth and 300bps margin expansion.

**【CFO Financial Commentary】**
- **Record AUM growth**: Ended Q4 at $144.5B (up 5% QoQ, 30% YoY), driven by $8.5B net inflows and Ceres acquisition. Global AUM reached $160.8B by year-end.
- **Revenue performance**: Adjusted revenues $147.4M (17% QoQ, 33% YoY), with Ceres contributing $12M (including $7.1M in performance fees). Other revenue rose to $12.7M (70% asset-based from Europe).
- **Margin expansion**: Operating margin expanded 300bps to 36.5%, adjusted net income $41.2M ($0.29 EPS).
- **2026 Guidance**: 
  - Compensation to revenue ratio: 26-28% (vs 2025's 30%+)
  - Discretionary spending: $80-86M (up from $71M)
  - Gross margin: 82-83% (vs 81.9%)
  - Tax rate: ~24%

**【COO Strategic Updates】**
- **Organic growth momentum**: 8% organic AUM growth vs peers, with $1B+ inflows in metals strategies (83% AUM growth).
- **Europe as growth engine**: UCITS AUM up to $53.3B (+$6B inflows), led by defense ETF and rare earth funds ($1.4B AUM).
- **Digital assets scaling**: Tokenized AUM $770M (from $0 in 12 months), 29 institutions on WisdomTree Connect, 3,500+ wallets.
- **Private markets expansion**: Ceres AUM $1.9B (8% QoQ organic), adding 200bps to revenue and margins.

**【CEO Visionary Remarks】**
- **Diversified resilience**: 28.5% of AUM in inflation-sensitive metals, balanced exposure across geographies and asset classes.
- **Model/SMA growth**: Model AUA $6B (vs $3.8B), deepening client relationships through Quorus integration.
- **Digital leadership**: Tokenized money market fund poised for scale, with regulatory clarity (GENIUS Act) enabling broader adoption.
- **Valuation thesis**: Trading at 7-8x below S&P 500 despite superior growth/margin profile, underappreciated digital asset platform.

WisdomTree, Inc. (WT) Q4 2025 Earnings Call Transcript

- **Record Growth**: Global AUM $137.2B (+11% YoY), driven by Europe ($5.8B inflows) and gold ($22B AUM, +57% YoY).
- **Ceres Impact**: Adds $1.7B AUM, 200+ bps margin, farmland performance fee potential. Alternative uses (solar, AI) for incremental revenue.
- **Digital Expansion**: $600M AUM with 68% YTD growth. Money market fund liquidity via blockchain, 7 blockchain integrations.
- **Strategic Focus**: Europe as growth engine, tokenization of private assets, disciplined M&A for uncorrelated private assets.

**【CFO Financial Commentary】**
- **Record AUM Growth**: Global AUM reached $137.2 billion (up 11% YoY), including $88.3 billion in U.S. and $48.3 billion in Europe. Digital assets AUM hit $600 million.
- **Net Inflows**: $2.2 billion Q3, $8.8 billion YTD, with 11% organic growth pace. Europe contributed $5.8 billion, U.S. $2.5 billion.
- **Ceres Acquisition Impact**: Adds $1.7 billion AUM, 200+ bps margin expansion. Revenue capture from farmland (1% base fee + 20% performance fee) and alternative uses (solar, AI data centers).
- **Financials**: Adjusted revenue $125.6M (+14.7% YoY), adjusted net income $34.5M. Gross margin 82.2% Q3, expected 83% Q4. Interest expense $8M Q3, $11M Q4.

**【COO Business Update】**
- **Gold Dominance**: Physical gold AUM $22B (+57% YoY), $1B Q3 inflows. Gold overlay strategies outperforming 80% of peers.
- **Model Growth**: Model AUM $5.85B (+50% YoY), 13 new custom model clients. 85,000 advisers addressable market.
- **Digital Assets**: $600M AUM (peak $900M), 68% YTD growth. Money market fund adoption by stablecoin issuers and on-chain businesses. Ploom blockchain launch enables 24/7 liquidity.
- **Client Engagement**: +20% clients using multiple products, +15% average products per client.

**【CEO Strategic Priorities】**
- **Europe as Growth Engine**: 2x U.S. inflows, 11-year Boost partnership model. Farmland as uncorrelated asset class.
- **Digital Asset Expansion**: Tokenization platform (TIP) for private assets, 7 blockchain integrations. SEC filing for 24/7 money market fund liquidity.
- **Private Assets Strategy**: Ceres as first step, disciplined M&A pipeline for accretive private asset acquisitions.

**【Q&A Highlights】**
- **Europe Outlook**: 5-year CAGR 15-20%, driven by ETF adoption and cross-border product innovation.
- **Digital Asset Valuation**: Tech stack (TIP) comparable to $1B SPAC valuations. Tokenization as service for private assets in development.
- **Ceres Performance**: $40M trailing revenue, 7-8% mark assumption for farmland returns. Performance fee 15% of mark.
- **Digital Spend**: $650M AUM at 25bps fee capture, net loss mid-20s. Structural shift to on-chain assets justifies investment.


WisdomTree, Inc. (WT) Q3 2025 Earnings Call Transcript

- **Ceres Acquisition**: $275M upfront + $225M earnout, targeting $750M farmland AUM by 2030 with 6%+ appreciation.
- **Q2 Financials**: $112.6M revenue, $25.9M net income, $126B AUM (record high).
- **Digital Assets**: $500M stablecoin AUM, on-chain transfers Q4, $3.7T market opportunity.
- **Model Growth**: $5.2B model AUA, 2,800+ advisers, expanding to private markets.
- **Farmland Strategy**: 10%+ returns, solar/AI optionality, and $10B+ long-term potential.

**【CEO Opening Remarks】**
- Announced acquisition of Ceres Partners for $275M upfront, with earnout of up to $225M contingent on 12%-22% revenue CAGR through 2029.
- Ceres manages $1.8B in farmland AUM, targeting $750M in organic growth by 2030, with potential to scale to $10B.
- Farmland asset class offers 10%+ annual returns with low volatility, drivened by rental income (4-5%) and appreciation (6% historical).
- Ceres' unique strategies include solar leases (3x+ rental income), AI data centers (10x+ returns), and water rights.

**【CFO Financial Commentary】**
- Q2 2025 revenue: $112.6M (+5.2% YoY), driven by $126B AUM (record high).
- Adjusted net income: $25.9M ($0.18 EPS), excluding $2M acquisition costs.
- European Defense Fund inflows: $2.8B YTD, U.S. listed AUM: $8.2B, digital assets AUM: $500M.
- Operating margin expansion target: 200+ bps post-Ceres integration.

**【Other Executives】**
- Model portfolios AUA: $5.2B (vs. $3.5B target), with 2,800+ advisers using WT models.
- Digital assets: WTGXX stablecoin AUM $500M, USDW net interest income growing with AUM.
- Stablecoin market projected to $3.7T by 2030; WT's chain-agnostic infrastructure positions for leadership.

**【Q&A Highlights】**
- Ceres' evergreen fund structure allows annual withdrawals, targeting institutional and high-net-worth clients.
- Performance fees driven by farmland appreciation (6% avg) and optionality from solar/AI, with 1.5-2x growth potential by 2030.
- Digital asset strategy: Texas approval for WisdomTree Prime, on-chain transfers launching Q4, and stablecoin ecosystem expansion.
- Risk: FX headwinds ($3M impact if EUR/USD at 0.85), offset by higher foreign-denominated revenues.

WisdomTree (WT)-1 Aug 25-2025 Q2 Earnings call transcript

- **Record AUM & Inflows**: Q1 AUM $115.8B (+5.5% QoQ), $3B net inflows (11% annualized growth). European Defense Fund attracted $1.47B YTD.
- **Digital Assets Momentum**: WisdomTree Prime expands to 3 new states; tokenized funds on multiple blockchains attract institutional users.
- **AI-Driven Efficiency**: AI tripled portfolio consultations, enhancing client engagement and operational speed across 300 employees managing $116B AUM.

**【CFO Financial Highlights】**
- **Record AUM Growth**: Q1 AUM reached $115.8B (+5.5% QoQ), driven by $3B net inflows (11% annualized organic growth). US inflows exceeded $1.8B, while Europe saw $1.1B inflows, including $770M into the European Defense Fund.
- **Revenue Performance**: Q1 revenue $108M (-2% QoQ due to fewer trading days) but +11.6% YoY. Adjusted net income $23M ($0.16 EPS), impacted by seasonal compensation costs.
- **European Defense Fund Success**: Launched in March, the fund attracted $770M in Q1 and over $700M in April, making it one of the most successful product launches in company history.

**【COO Operational Updates】**
- **Client Expansion**: Total clients up 4% YTD, with average product usage per client growing at a double-digit annualized rate. Model portfolios AUA reached $4B (+4% YTD, 20% organic growth rate).
- **Digital Assets Progress**: WisdomTree Prime expanded to 3 new states in Q1, with plans to enable on-chain transfers for select users in Q3 and broader rollout in September. WisdomTree Connect now offers tokenized funds across multiple blockchains, attracting institutional users.
- **AI Integration**: AI-driven analytics tripled portfolio consultation output, enhancing client engagement and operational efficiency across sales, research, and legal functions.

**【CEO Strategic Vision】**
- **Resilient Growth**: Q1 EPS up 33% YoY, building on 2024's 23% EPS growth. Organic inflows ($3B Q1) rank among the fastest in the industry.
- **Diversification Strength**: AUM balanced across geographies (6%+ AUM growth in Europe) and asset classes (gold, fixed income, equities). 26 funds now exceed $1B AUM, including the European Defense Fund.
- **AI-Driven Efficiency**: With 300 employees managing $116B AUM, WisdomTree is leveraging AI to enhance decision-making, customer outcomes, and operational speed, positioning for long-term value creation.

WisdomTree (WT)-2 May 25-2025 Q1 Earnings call transcript

- **Record 2024 Growth**: AUM up 10% to $109.8B, adjusted EPS +73%, and 680bps margin expansion
- **Digital Assets Momentum**: 26,000 Prime accounts opened, $31M digital AUM, and tokenized funds launched on Ethereum
- **Model Business Surge**: 29% user growth to 2,500+ and 28% AUM growth to $3.83B
- **2025 Outlook**: 25-30% Model user growth, $68-72M discretionary spend for digital assets, and 81-82% gross margin
- **Strategic Edge**: Regulatory-compliant tokenization platform, 40 Act expertise, and AI-driven scalability

**【CFO Financial Summary】**
- **2024 Performance Highlights**: AUM reached $109.8B (+10% YoY), adjusted operating margin expanded by 680bps to 33.6%, and adjusted EPS grew 73% YoY. Q4 adjusted revenues were $110.5M (+22% YoY), driven by higher AUM and European listed products.
- **2025 Expense Guidance**: 
  - Compensation-to-revenue ratio: 28-30% (vs. 2024's 27.3%)
  - Discretionary spending: $68-72M (+5% YoY) for marketing, sales, and digital asset investments
  - Gross margin: 81-82% (vs. 80.2% in 2024)
  - Interest expense: $20M (up from $15M in 2023 due to debt issuance)
- **Non-Recurring Costs**: Q4 included $0.01/share from custody migration and WisdomTree Prime transition costs.

**【President & COO Business Update】**
- **Model Business Growth**: 2,500+ Model users ($3.83B AUM) with 29% user and 28% AUM growth YoY. 2025 targets: 25-30% user growth and 35-40% AUM growth.
- **Digital Assets Progress**: 
  - 26,000 opened accounts on WisdomTree Prime (2,300 funded)
  - $31M digital AUM ($3M in Prime)
  - 143 daily transactions in Q4
  - Tokenized money market funds launched on Ethereum
- **Challenges**: Regulatory delays (e.g., Texas approvals) and limited on-chain community access delayed full-scale engagement by ~2 years.

**【CEO Strategic Themes】**
- **Growth & Diversification**: 
  - Total revenue yield (+$28M YoY) outpaced expense ratio-driven growth
  - 12% share buyback in 2024
- **AI Integration**: Embedding AI for scalability and decision-making efficiency
- **Innovation Focus**: Tokenization as the next frontier, with $200B+ AUM in tokenized real-world assets (vs. ETFs' $100B in 1993)
- **Competitive Positioning**: Technical platform, 40 Act expertise, and regulated entity ecosystem create moats in digital assets

**【Q&A Key Takeaways】**
- **Digital Assets Landscape**: 
  - Europe leads in crypto ETFs (WisdomTree #1 in 2024 flows)
  - US regulatory clarity under new admin expected to accelerate adoption
  - Tokenized money market funds and stablecoins are key growth drivers
- **M&A Strategy**: Open to accretive acquisitions in ETF sponsors, product lines, or technology
- **Prime Platform Usage**: 
  - 70%+ of users engage weekly
  - Stablecoin on/off ramps expected in H1 2025 to unlock on-chain community access
- **Valuation Perspective**: Market cap ($1.5B) underrepresents $115B AUM, 300-employee scale, and exposure to ETFs, models, and tokenization trends

Actual											0.07	0.05	0.07	0.06	0.08	0.1	0.1	0.1	0.09	0.07	0.06	0.04	0.07	0.09	0.1	0.11	0.12	0.16	0.18	0.17	0.16	0.18	0.23	0.29
Forecast											0.0453	0.0396	0.055	0.0514	0.0702	0.0871	0.0894	0.0862	0.0833	0.0697	0.0588	0.0432	0.0534	0.0836	0.1006	0.1032	0.1078	0.1403	0.1672	0.1819	0.1533	0.175	0.2083	0.235
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+54.53%	+26.26%	+27.27%	+16.73%	+13.96%	+14.81%	+11.86%	+16.01%	+8.04%	+0.43%	+2.04%	-7.41%	+31.09%	+7.66%	-0.60%	+6.59%	+11.32%	+14.04%	+7.66%	-6.54%	+4.37%	+2.86%	+10.42%	+23.40%

WT

WT fundamentals

WT Q4 2025 Earnings

Earnings Call

You can ask Aime

WT

WT fundamentals

WT Q4 2025 Earnings

Earnings Call

WT Earnings Call Summary for Q4/202511:00 AM on Jan 30, 2026

WT Earnings Call Summary for Q3/202511:00 AM on Oct 31, 2025

WT Earnings Call Summary for Q2/202512:00 PM on Aug 1, 2025

WT Earnings Call Summary for Q1/202511:00 AM on May 2, 2025

WT Earnings Call Summary for Q4/202411:00 AM on Jan 31, 2025

You can ask Aime