Loading financials from SEC filings…
Capital markets · Financial Services · Fiscal year ends Dec 31
WisdomTree reported revenue of $494M in the fiscal year ended Dec 2025, up 15.4% from the year before. Operating income was $174M, an operating margin of 35.3%, and net income was $109M. Operating cash flow of $148M less capital expenditure of $215,000 left free cash flow of $148M.
Ranks among the 33 capital markets companies we cover (1st = best; for debt, the least indebted). Green = top third, red = bottom third.
Last 5 fiscal years
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 304 | 301 | 349 | 428 | 494 |
| Operating incomederived: pre-tax income + interest | 89.1 | 60.1 | 87.5 | 137 | 174 |
| Interest expense | 12.3 | 14.9 | 15.2 | 18.9 | 30.4 |
| Pre-tax income | 56.7 | 40.0 | 119 | 95.4 | 142 |
| Income tax | 6.9 | −10.7 | 16.5 | 28.7 | 33.1 |
| Net income | 49.8 | 50.7 | 103 | 66.7 | 109 |
| Diluted EPS | 0.31 | 0.31 | 0.64 | 0.33 | 0.75 |
| Diluted shares | 0.2 | 0.2 | 170 | 159 | 145 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | 141 | 132 | 129 | 181 | 312 |
| Receivables | 31.9 | 30.5 | 35.5 | 44.9 | 64.5 |
| Current assets | 304 | 294 | 230 | 318 | 492 |
| Net PP&E | 0.6 | 0.5 | 0.4 | 0.3 | 0.4 |
| Goodwill | 85.9 | 85.9 | 86.8 | 86.8 | 229 |
| Total assets | 1,038 | 1,034 | 944 | 1,034 | 1,513 |
| Payables | 20.7 | 36.5 | 30.1 | 31.1 | 29.4 |
| Current liabilities | 83.7 | 148 | 103 | 109 | 282 |
| Long-term debt | 319 | 321 | 24.3 | 12.2 | – |
| Total liabilities | 636 | 596 | 402 | 634 | 1,099 |
| Shareholders' equity | 269 | 306 | 409 | 400 | 414 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | 75.3 | 55.1 | 85.6 | 113 | 148 |
| Capital expenditure | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 |
| Free cash flow | 75.0 | 54.9 | 85.5 | 113 | 148 |
| Depreciation & amortisation | 0.7 | 0.3 | 0.9 | 1.8 | 3.8 |
| Stock-based compensation | 10.0 | 10.4 | 16.2 | 20.7 | 21.6 |
| Share buybacks | 34.5 | 3.4 | 3.6 | 62.9 | 103 |
| Dividends paid | 19.5 | 19.4 | 20.1 | 19.0 | 17.3 |
| Dividend per share | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | −1.0% | 15.8% | 22.5% | 15.4% |
| Operating income growth (YoY) | – | −32.5% | 45.6% | 56.9% | 26.9% |
| EPS growth (YoY) | – | 0.0% | 106.5% | −48.4% | 127.3% |
| Operating margin | 29.3% | 19.9% | 25.1% | 32.1% | 35.3% |
| Net margin | 16.4% | 16.8% | 29.4% | 15.6% | 22.1% |
| Return on equityBlank when equity is negative | 18.5% | 16.6% | 25.1% | 16.7% | 26.4% |
| ROCEEBIT ÷ (assets − current liabilities) | 9.3% | 6.8% | 10.4% | 14.9% | 14.2% |
| Free cash flow margin | 24.7% | 18.2% | 24.5% | 26.5% | 29.9% |
| Cash conversion (CFO ÷ net income) | 1.51x | 1.09x | 0.83x | 1.70x | 1.36x |
| Receivable days | 38 | 37 | 37 | 38 | 48 |
| Interest cover | 7.22x | 4.02x | 5.74x | 7.26x | 5.73x |
| Debt ÷ equity | 1.18x | 1.05x | 0.06x | 0.03x | – |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | 178 | 189 | −105 | −169 | – |
| Current ratio | 3.63x | 1.98x | 2.23x | 2.92x | 1.75x |
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.