NASDAQ$WT
WisdomTree Investments Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
WisdomTree Investments Inc experienced record quarter-end AUM and strong net inflows.
WisdomTree Investments Inc. reported a strong first quarter in 2023, marked by record quarter-end AUM of $90.7 billion and net inflows of $6.3 billion, the third-best quarter in company history. Diluted earnings per share stood at $0.10, with adjusted diluted earnings per share at $0.07. The company's operating revenues reached $82.0 million, reflecting an 11.9% increase from the previous quarter. Net income was reported as $16.2 million, or $11.2 million as adjusted.
- Record quarter-end AUM of $90.7 billion.
- $6.3 billion in net inflows, marking the third-best quarter in company history.
- Diluted earnings per share (EPS) of $0.10; adjusted EPS of $0.07.
- Operating revenues increased by 11.9% from the previous quarter, reaching $82.0 million.
Headline financials
Revenue & EPS history
WisdomTree Investments Inc · Revenue · Quarterly
$78.1M
Revenue by segment
WisdomTree Investments Inc · $113M total across 2 segments · Q2 2025
- Advisory fees$103M—91.7%
- Other revenues$9.38M—8.3%
Forward guidance
WisdomTree's CEO anticipates continued growth driven by fund performance, managed models, and the upcoming launch of WisdomTree Prime™.
Tailwinds
- Solid fund performance and positioning.
- Continued growth in managed models.
- Initial launch of WisdomTree Prime™ in app stores in Q2.
- Launch of digital funds and tokens.
- Citi projects blockchain-enabled finance marketplace could be a $5 trillion market by 2030.
Headwinds
- Declining prices of securities, gold and other precious metals and other commodities and changes in interest rates and general market conditions can adversely affect our business
- Fluctuations in the amount and mix of our AUM may negatively impact revenues and operating margins
- Competitive pressures could reduce revenues and profit margins
- A significant portion of our AUM is held in a limited number of products
- Actions of activist stockholders against us, which have been costly and may be disruptive and cause uncertainty about the strategic direction of our business.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2023
-0.9%
Avg return
Earnings day
-0.5%
Avg return
5 days after
+0.9%
Avg return
30 days after
44%
17 / 39 earnings
Positive
+9.0%
Q3 2018
Best reaction
-12.3%
Q4 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | -2.3% | +12.1% | +11.5% | |
| Q4 2025 | -2.1% | -1.9% | +3.4% | |
| Q3 2025 | -0.8% | -2.2% | -10.4% | |
| Q1 2025 | +4.6% | +6.3% | +8.1% | |
| Q4 2024 | -0.3% | -1.0% | -7.1% | |
| Q3 2024 | +0.9% | -0.7% | +15.6% | |
| Q2 2024 | +6.4% | +9.3% | -6.3% | |
| Q1 2024 | -1.4% | +2.1% | +12.8% | |
| Q4 2023 | +0.7% | +1.9% | +18.9% | |
| Q3 2023 | -5.5% | -4.6% | +0.5% | |
| Q2 2023 | -3.3% | -5.3% | +0.3% | |
| Q1 2023 | +1.3% | +2.1% | +11.0% | |
| Q4 2022 | -1.4% | -0.5% | +0.8% | |
| Q3 2022 | +0.9% | -1.1% | -2.4% | |
| Q2 2022 | -1.7% | +3.2% | -4.9% | |
| Q1 2022 | -4.4% | -3.8% | -0.7% | |
| Q4 2021 | -1.8% | -1.6% | +1.1% | |
| Q3 2021 | +4.1% | +9.3% | +1.5% | |
| Q2 2021 | -0.6% | +3.2% | +2.1% | |
| Q1 2021 | +1.0% | +4.2% | -0.3% | |
| Q4 2020 | -2.6% | +0.5% | -3.3% | |
| Q3 2020 | +1.4% | +5.0% | +21.7% | |
| Q2 2020 | +1.4% | +5.4% | +9.0% | |
| Q1 2020 | -5.9% | -10.2% | -7.7% | |
| Q4 2019 | +1.2% | +7.2% | -2.4% | |
| Q3 2019 | +8.2% | +6.4% | +0.8% | |
| Q2 2019 | +0.2% | -1.7% | -21.2% | |
| Q1 2019 | -2.6% | -8.3% | -19.8% | |
| Q4 2018 | -10.1% | -7.8% | +19.3% | |
| Q3 2018 | +9.0% | +12.4% | +7.2% | |
| Q2 2018 | +1.3% | -12.9% | -13.1% | |
| Q1 2018 | +5.4% | +10.5% | +14.0% | |
| Q4 2017 | -7.4% | -11.0% | -16.5% | |
| Q3 2017 | +2.5% | +1.2% | -1.1% | |
| Q2 2017 | -2.7% | -2.3% | -11.7% | |
| Q1 2017 | -0.2% | -1.0% | +13.0% | |
| Q4 2016 | -12.3% | -14.7% | -9.7% | |
| Q3 2016 | -7.5% | -14.8% | +12.8% | |
| Q2 2016 | -10.7% | -12.5% | -11.0% | |
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| Q3 2011 | — | — | — |
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