WisdomTree Q2 Earnings Beat, Record AUM, and CEO 10b5-1 Plan
WT has more than doubled off its 52-week low of $10.69.
Summary
WisdomTree reported Q2 2026 adjusted EPS of $0.31, beating estimates by 19%, on record AUM of $162.9 billion. CEO Jonathan Steinberg also adopted a 10b5-1 plan to sell up to 635,000 shares.
Key Events · Earnings and Guidance · WT
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Q2 Earnings Beat
Adjusted EPS of $0.31 beat the $0.26 consensus by 19%. Revenue rose 57% YoY to $177.2 million, driven by record AUM of $162.9 billion and a higher average advisory fee.
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Record AUM
Total AUM reached $162.9 billion, up from $126.1 billion a year ago, reflecting market appreciation, net inflows, and the Atlantic House acquisition.
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CEO 10b5-1 Plan
CEO Jonathan Steinberg adopted a Rule 10b5-1 trading plan on June 10, 2026, to sell up to approximately 635,000 shares, representing shares deliverable upon vesting of restricted stock awards and performance-based RSUs, net of tax withholding.
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Convertible Note Restructuring
The company repurchased $51.9 million of 2029 notes for $87.4 million in cash, recognizing a $6.6 million loss. It also issued $603.75 million of 4.50% convertible notes due 2031.
Analysis · WT · Crypto Assets
WisdomTree delivered a strong Q2, with adjusted EPS of $0.31 beating consensus by 19% on record AUM of $162.9 billion. Revenue surged 57% year-over-year, driven by higher average AUM, a higher average advisory fee, and contributions from the Ceres and Atlantic House acquisitions. The company also disclosed that CEO Jonathan Steinberg entered a 10b5-1 trading plan for up to 635,000 shares, a notable insider sale plan. While the earnings beat and AUM growth are positive, the CEO's planned sales and ongoing convertible note restructuring introduce mixed signals.
At the time of this filing, WT was trading at $22.03 on NYSE in the Crypto Assets sector, with a market capitalization of approximately $3.4B. The 52-week trading range was $10.69 to $23.15. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.