NASDAQ$WT

WisdomTree Investments Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

WisdomTree reported Q2 2025 results with revenue growth driven by higher AUM.

WisdomTree achieved total revenues of $112.6 million for the quarter ended June 30, 2025, up 5.2% year-over-year due to increased average AUM of $119.2 billion. Net income rose to $24.8 million with diluted EPS of $0.17. The company provided updated full-year guidance and announced a pending acquisition of Ceres Partners.

  • AUM reached $126.1 billion at quarter end with $3.5 billion in net inflows.
  • Operating income was $34.6 million and operating margin was 30.8%.
  • Average advisory fee declined to 0.35% from 0.37% in the prior year quarter.
  • Updated 2025 guidance includes compensation ratio of 28-30% and gross margin of 81-82%.

Headline financials

Total Revenue

$113M

Previous: $107M+5.2%
EPS (adj)

$0.17

Previous: $0.13+30.8%
Assets under management

$126B

Previous: $110B+14.9%
Net inflows

$3.53B

No prior period
Average advisory fee

0.3%

Previous: 0.4%-5.4%
Average AUM

$119B

No prior period
Capital Expenditures

-$117K

Previous: -$102K-14.7%
Net Income

$24.8M

Previous: $21.8M+13.9%
Operating Income

$34.6M

Previous: $33.5M+3.3%
Cash & Equivalents

$152M

Previous: $132M+14.4%
Total Assets

$1.07B

Previous: $964M+10.7%

Revenue & EPS history

WisdomTree Investments Inc · Revenue · Quarterly

$113M

Q2 2025+5.2%vs Q2 2024
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

Company provided updated full-year 2025 guidance including compensation to revenue ratio of 28-30%, discretionary spending of $68-72 million, gross margin of 81-82%, third-party distribution fees of $14-15 million, interest expense of $22 million, interest income of $8 million, effective tax rate of 24-25%, and weighted average diluted shares of 147-148 million.

Tailwinds

  • Strong organic growth and AUM expansion
  • Pending Ceres acquisition to expand into private assets

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-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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