10-Q quarterly report · filed Oct 30, 2025

WESTWOOD HOLDINGS GROUP INC (WHG) Q3 2025 10-Q Quarterly Report

Short answer

WESTWOOD HOLDINGS GROUP INC (WHG) filed its Q3 2025 10-Q quarterly report on Oct 30, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $71M (up 197.9% year over year) with net income of $5M.

Q3 2025 key financials · XBRL

Revenue
$71M
+197.9% YoY
Net income
$5M
+4849.5% YoY
Operating margin
4.0%
EPS (diluted)
$0.59
+5800.0% YoY

Source: XBRL data from the WESTWOOD HOLDINGS GROUP INC (WHG) Q3 2025 10-Q on SEC EDGAR. USD.

WESTWOOD HOLDINGS GROUP INC Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $24.3M, up 2% YoY from $23.7M, driven by higher average AUM
  • Net operating margin 8.3% vs negative 2.1% YoY
  • Best segment Trust Economic Earnings $1.2M, up 64% YoY; worst Westwood Holdings loss $3.0M
  • Cash and liquid investments $39.2M vs $44.6M at December 31, 2024
  • Operating cash flow $10.9M, with $5.7M financing outflows and $4.4M final earn-out payment
  • Outlook: sufficient liquidity for ordinary operations through at least the next twelve months; risks include fee pressure, outflows and competition

Risk Factors

  • No material changes to risk factors previously disclosed in Form 10-K
  • Carried-forward risks include potential material adverse effects on business, financial condition, results, cash flows, and share price
  • Share repurchase program remains subject to Board discontinuation without expiration date
  • No senior-securities defaults during the quarter ended September 30, 2025

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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