NASDAQ$WT

WisdomTree Investments Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Reported record AUM and operating margin expansion.

WisdomTree announced strong Q2 2024 results, achieving record AUM of $109.7 billion, driven by market appreciation and net inflows. The company reported net income of $21.8 million and an operating revenue increase of 10.5% from the prior quarter.

  • Record AUM of $109.7 billion, a 2.3% increase from the prior quarter.
  • Net inflows of $0.3 billion, driven by international developed equity, fixed income, and U.S. equity products.
  • Operating revenues increased by 10.5% from the prior quarter.
  • Declared a quarterly dividend of $0.03 per share.

Headline financials

Total Revenue

$107M

Previous: $84.9M+26.1%
EPS

$0.13

Previous: $0.09+44.4%
Assets under management

$110B

No prior period
Average advisory fee

0.4%

Previous: 0.4%+2.8%
Gross Margin

81.2%

Previous: 79.3%+2.4%
Capital Expenditures

-$102K

Previous: -$58K-75.9%
Free Cash Flow

$21.7M

Previous: $54.2M-60.0%
Net Income

$21.8M

Previous: $54.3M-59.9%
Operating Income

$33.5M

Previous: $18.2M+84.3%
Gross Profit

$107M

Previous: $84.9M+26.1%
Cash & Equivalents

$132M

Previous: $83.7M+58.2%
Total Assets

$964M

Previous: $934M+3.3%
Stock-Based Comp

$5.59M

Previous: $3.97M+40.9%

Revenue & EPS history

WisdomTree Investments Inc · Revenue · Quarterly

$107M

Q2 2024+26.1%vs Q2 2023
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 set up for long run success, driven by secular shift toward ETFs, tokenization and blockchain technology.

Tailwinds

  • Strong revenue growth
  • Record assets under management
  • Net inflows
  • Expanding other revenue streams
  • Expanded adjusted operating margins

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 2024

Historical avgQ2 2024

-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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