10-Q quarterly report · filed Nov 6, 2025

WisdomTree, Inc. (WT) Q3 2025 10-Q Quarterly Report

Short answer

WisdomTree, Inc. (WT) filed its Q3 2025 10-Q quarterly report on Nov 6, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $126M (up 11.0% year over year) with net income of $20M.

Q3 2025 key financials · XBRL

Revenue
$126M
+11.0% YoY · +11.5% QoQ
Net income
$20M
+539.3% YoY · −20.5% QoQ
Operating margin
36.3%
EPS (diluted)
$0.13
+230.0% YoY · −23.5% QoQ

Source: XBRL data from the WisdomTree, Inc. (WT) Q3 2025 10-Q on SEC EDGAR. USD.

WisdomTree, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New risk: Integration risk from $500M Ceres Acquisition completed Oct 1, 2025, including $225M earnout contingent on 12-22% revenue CAGR by 2029
  • Material update: Interest expense guidance raised to $31M for 2025 due to $475M 4.625% Convertible Notes issued in Aug 2025 for Ceres deal
  • Regulatory risk: Ongoing SEC ESG Settlement exposure despite $3.7M insured legal costs in Q3 2024, potential for additional compliance-related expenses
  • Operational risk: Compensation and benefits expense up 14.9% YoY in Q3 2025 driven by higher incentive comp and headcount growth to 338 employees
  • Financial risk: Diluted share count includes ~5M incremental shares from Convertible Notes convertible above $9.54-$19.15 per share prices, impacting EPS

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

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