NASDAQ$WT

WisdomTree Investments Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

WisdomTree Investments Inc. reported increased operating revenues and net income for the second quarter of 2021.

WisdomTree Investments, Inc. reported a strong second quarter in 2021, with diluted earnings per share of $0.11 ($0.10, as adjusted). The company saw a net income of $17.6 million ($16.81 million, as adjusted) and operating revenues of $77.6 million, driven by higher average AUM. Ending AUM reached $73.9 billion, a 6.3% increase from market appreciation and net inflows.

  • Ending AUM increased by 6.3% to $73.9 billion due to market appreciation and net inflows.
  • Net inflows totaled $0.9 billion, driven by emerging markets equity, international developed market equity, U.S. equity, and fixed income products.
  • Operating revenues increased by 6.6% to $77.6 million, driven by higher average AUM.
  • Diluted earnings per share was $0.11 ($0.10, as adjusted).

Headline financials

Total Revenue

$77.6M

Previous: $58.1M+33.5%
EPS (adj)

$0.10

Previous: $0.05+100.0%
Assets under management

$73.9B

Previous: $57.6B+28.3%
Operating Income Margin

30.5%

Previous: 20.3%+50.2%
Gross Margin

79.1%

Previous: 75.1%+5.3%
Capital Expenditures

-$173K

Previous: -$224K+22.8%
Free Cash Flow

$17.5M

Previous: -$13.5M+229.6%
Net Income

$17.6M

Previous: -$13.3M+233.1%
Operating Income

$23.7M

Previous: $11.8M+100.8%
Gross Profit

$77.6M

Previous: $58.1M+33.5%
Cash & Equivalents

$168M

Previous: $50.3M+233.6%
Total Assets

$1.02B

Previous: $849M+20.4%
Stock-Based Comp

$2.12M

Previous: $2.92M-27.4%

Revenue & EPS history

WisdomTree Investments Inc · Revenue · Quarterly

$77.6M

Q2 2021+33.5%vs Q2 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

WisdomTree Investments Inc · $113M total across 2 segments · Q2 2025

  • Advisory fees
    $103M—
  • Other revenues
    $9.38M—

Forward guidance

WisdomTree is building momentum and is excited to enter the second half of the year building on these strong results.

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 Q2 2021

Historical avgQ2 2021

-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

Earnings price reactions
QuarterReport dateReaction (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%
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q2 2013———
Q1 2013———
Q4 2012———
Q3 2012———
Q1 2012———
Q4 2011———
Q4 2009———
Q2 2011———
Q3 2010———
Q4 2010———
Q2 2010———
Q3 2011———

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