NASDAQ$WT

WisdomTree Investments Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

WisdomTree Investments Inc. reported a net income of $8.0 million and adjusted diluted EPS of $0.07 for Q2 2022.

WisdomTree Investments Inc. reported a net income of $8.0 million, or $0.05 per share, for the second quarter of 2022. Adjusted net income was $11.3 million, or $0.07 per share. The company's AUM ended the period at $74.3 billion, a decrease of 6.4% due to market depreciation, partially offset by net inflows of $3.9 billion.

  • Net income was $8.0 million ($11.3 million, as adjusted).
  • Diluted earnings per share was $0.05 ($0.07, as adjusted).
  • Ending AUM was $74.3 billion, a decrease of 6.4% arising from market depreciation, partly offset by net inflows.
  • Net inflows were $3.9 billion, primarily driven by inflows into fixed income products.

Headline financials

Total Revenue

$77.3M

Previous: $77.6M-0.5%
EPS (adj)

$0.07

Previous: $0.10-30.0%
Assets under management

$74.3B

Previous: $73.9B+0.5%
Average advisory fee

0.4%

No prior period
Operating Income Margin

20.5%

Previous: 30.5%-32.8%
Gross Margin

79.2%

Previous: 79.1%+0.1%
Capital Expenditures

-$205K

Previous: -$173K-18.5%
Free Cash Flow

$7.8M

Previous: $17.5M-55.3%
Net Income

$8.01M

Previous: $17.6M-54.6%
Operating Income

$15.8M

Previous: $23.7M-33.3%
Gross Profit

$77.3M

Previous: $77.6M-0.5%
Cash & Equivalents

$110M

Previous: $168M-34.5%
Total Assets

$1.01B

Previous: $1.02B-1.6%
Stock-Based Comp

$2.43M

Previous: $2.12M+14.7%

Revenue & EPS history

WisdomTree Investments Inc · Revenue · Quarterly

$77.3M

Q2 2022-0.5%vs Q2 2021
Beat estimate in 9 of 15 quarters(60%)
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 focused on growth, team and efficiency, with a perpetual focus on growth, both today’s and tomorrow’s, team and efficiency.

Tailwinds

  • WisdomTree is generating strong organic growth.
  • Client engagement remains high.
  • The company is focused on the diversification, growth and performance of its lineup of products, model portfolios and solutions.
  • The digital assets rollout remains on track.
  • The company is well-positioned for success in the digital asset space.

Headwinds

  • The company is navigating a difficult macro backdrop.
  • Market depreciation negatively impacted AUM.
  • Operating revenues decreased 1.4% due to a lower average advisory fee.
  • Gross margin decreased 1 point due to product launches and higher transaction-based fees.
  • Operating income margin decreased 2.1 points.

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 2022

Historical avgQ2 2022

-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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