WisdomTree, Inc. (WT) Income Statement
WT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsWT revenue and net income
Where WT's revenue goes
2025Each bar shows an amount and its share of revenue. WT kept 22.1% of revenue as net income.
WT profit margins
WT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +15.4% | +17.9% | +14.6% | +5.1% |
| Gross profit | +16.2% | +36.9% | +24.6% | +6.9% |
| Operating income | +26.9% | +42.6% | +25.9% | +2.3% |
| Net income | +63.6% | +29.1% | — | +3.1% |
| EPS (diluted) | +36.5% | +49.0% | +28.0% | +3.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WT quarterly EPS vs estimates
WisdomTree beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 30, 2026 (estimate $0.30).
WT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $493.8M | $427.7M | $349.0M | $301.3M | $304.3M | $249.9M | $266.5M | $274.1M | $228.3M | $218.9M |
| Cost of revenue | $137.7M | $121.3M | $180.9M | $162.7M | $147.1M | $131.4M | $140.4M | $131.2M | $123.6M | $104.3M |
| Gross profit | $356.1M | $306.5M | $168.2M | $138.7M | $157.2M | $118.5M | $126.1M | $142.9M | $104.7M | $114.6M |
| Research & development | — | $1.5M | $634,000 | $50,000 | $0 | $0 | — | $0 | $0 | $0 |
| Sales, general & admin | $33.6M | $61.8M | $54.5M | $44.9M | $36.2M | $33.0M | $42.4M | $45.2M | $38.9M | $40.1M |
| Total operating expenses | $181.9M | $169.2M | $80.7M | $78.6M | $68.2M | $63.4M | $72.6M | $81.6M | $55.6M | $51.1M |
| Operating income | $174.2M | $137.3M | $87.5M | $60.1M | $89.1M | $55.1M | $53.5M | $61.3M | $49.1M | $63.5M |
| Interest income | $11.0M | $6.8M | $3.8M | $3.3M | $2.0M | $744,000 | $3.3M | $3.1M | $2.9M | $1.1M |
| Interest expense | $30.4M | $18.9M | $15.2M | $14.9M | $12.3M | $9.7M | $11.2M | $8.0M | — | $16.8M |
| Income before taxes | $142.2M | $95.4M | $119.0M | $40.0M | $56.7M | −$35.2M | $121,000 | $51.0M | $58.2M | $55.6M |
| Income taxes | $33.1M | $28.7M | $16.5M | −$10.7M | $6.9M | $433,000 | $10.5M | $14.4M | $31.0M | $29.4M |
| Net income | $109.1M | $66.7M | $102.5M | $50.7M | $49.8M | −$35.7M | −$10.4M | $36.6M | $27.2M | $26.2M |
| EBITDA | $184.2M | $117.4M | $136.4M | $56.1M | $71.7M | −$21.4M | $15.6M | $60.3M | $59.6M | $56.9M |
| EPS (diluted) | $0.86 | $0.63 | $0.37 | $0.26 | $0.38 | $0.25 | $0.22 | $0.32 | $0.21 | $0.25 |
| Gross margin | 72.1% | 71.6% | 48.2% | 46.0% | 51.7% | 47.4% | 47.3% | 52.1% | 45.8% | 52.3% |
| Operating margin | 35.3% | 32.1% | 25.1% | 19.9% | 29.3% | 22.0% | 20.1% | 22.4% | 21.5% | 29.0% |
| Net margin | 22.1% | 15.6% | 29.4% | 16.8% | 16.4% | −14.3% | −3.9% | 13.4% | 11.9% | 11.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $177.2M | $159.5M | $159.5M | $125.6M | $112.6M | $108.1M | $110.7M | $113.2M | $107.0M | $96.8M | $90.8M | $90.4M |
| Cost of revenue | $42.5M | $35.8M | $35.8M | $56.1M | $32.8M | $33.8M | $35.4M | $30.8M | $32.1M | $23.0M | $21.3M | $48.7M |
| Gross profit | $134.7M | $123.7M | $123.7M | $69.5M | $79.8M | $74.3M | $75.3M | $82.4M | $74.9M | $73.9M | $69.5M | $41.8M |
| Research & development | — | — | — | — | — | $439,000 | $686,000 | $384,000 | $359,000 | $327,000 | $634,000 | $249,000 |
| Sales, general & admin | $10.1M | $14.8M | $9.2M | $13.8M | $14.3M | $13.2M | $16.2M | $16.1M | $16.7M | $12.9M | $13.2M | $12.1M |
| Total operating expenses | $61.6M | $62.4M | $62.4M | $23.8M | $45.2M | $40.1M | $40.3M | $41.6M | $41.4M | $45.9M | $43.5M | $15.0M |
| Operating income | $72.9M | $61.3M | $61.3M | $45.7M | $34.6M | $34.2M | $35.0M | $40.8M | $33.5M | $27.9M | $26.0M | $26.7M |
| Interest income | $3.2M | $2.6M | $3.0M | $4.0M | $3.4M | $1.9M | $2.1M | $1.8M | $1.4M | $1.4M | $1.2M | $791,000 |
| Interest expense | $14.9M | $11.0M | $11.0M | $8.5M | $5.5M | $5.4M | $5.6M | $5.0M | $4.1M | $4.1M | $3.8M | $3.5M |
| Income before taxes | $58.5M | −$14.6M | −$14.6M | $29.5M | $31.9M | $30.4M | $34.2M | $3.9M | $29.5M | $27.8M | $24.8M | $18.8M |
| Income taxes | $14.3M | $8.5M | $8.5M | $9.8M | $7.1M | $5.7M | $6.9M | $8.4M | $7.8M | $5.7M | $5.7M | $5.8M |
| Net income | $44.3M | −$23.1M | −$23.1M | $19.7M | $24.8M | $24.6M | $27.3M | −$4.5M | $21.8M | $22.1M | $19.1M | $13.0M |
| EBITDA | $77.3M | −$1.0M | −$1.0M | $38.9M | $37.2M | $36.7M | $40.6M | $9.7M | $34.4M | $32.6M | $29.2M | $22.9M |
| EPS (diluted) | $0.31 | $0.27 | $0.29 | $0.23 | $0.18 | $0.16 | $0.17 | $0.18 | $0.16 | $0.12 | $0.11 | $0.10 |
| Gross margin | 76.0% | 77.6% | 77.6% | 55.3% | 70.9% | 68.7% | 68.0% | 72.8% | 70.0% | 76.3% | 76.5% | 46.2% |
| Operating margin | 41.2% | 38.4% | 38.4% | 36.3% | 30.8% | 31.6% | 31.7% | 36.0% | 31.3% | 28.9% | 28.7% | 29.5% |
| Net margin | 25.0% | −14.5% | −14.5% | 15.7% | 22.0% | 22.8% | 24.7% | −4.0% | 20.3% | 22.8% | 21.0% | 14.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WT's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WT financial results
In fiscal year 2025 (ended December 31, 2025), WisdomTree reported revenue of $493.8 million, up 15.4% from the year before. It had net income of $109.1 million (up 63.6%), a net profit margin of 22.1%. Diluted earnings per share came to $0.86. Over five years revenue grew at an average rate of 14.6% a year.
See the WT stock overview for the latest quote and news, or the WT chart for price history and technical indicators.
WT income statement FAQ
What is WisdomTree's annual revenue?
WisdomTree reported total revenue of $493.8 million for fiscal year 2025, which ended on December 31, 2025. That was up 15.4% from $427.7 million the previous year.
Is WisdomTree profitable?
Yes. WisdomTree reported net income of $109.1 million in fiscal 2025, a net profit margin of 22.1%; its operating margin was 35.3%.
What is WisdomTree's gross margin?
WisdomTree's gross margin was 72.1% in fiscal 2025: for every $100 of revenue, WisdomTree kept $72 after the direct cost of its products and services.
How fast is WisdomTree growing?
Revenue grew 14.6% a year on average over the last five fiscal years, from $249.9 million to $493.8 million.
What are WisdomTree's earnings per share?
WisdomTree earned $0.86 per diluted share in fiscal 2025, compared with $0.63 a year earlier.
When will WisdomTree report its next earnings?
WisdomTree is expected to report results for the quarter ending September 30, 2026 on October 30, 2026 before the market opens.
When does WisdomTree's fiscal year end?
WisdomTree's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.