Business
WisdomTree Announces Third Quarter 2025 Results
NEW YORK, October 31, 2025--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today reported financial results for the third quarter of 2025.
About this update from Wisdomtree, Inc.
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(NYSE: WT), a global financial innovator, today reported financial results for the third quarter of 2025.","length":167,"tagName":"p"},{"type":"text","content":" $19.7 million of net income ($34.5 (1) million of net income, as adjusted) , including a loss on extinguishment of convertible notes of $13.0 million arising from the repurchase of $24.0 million aggregate principal amount of our 5.75% convertible senior notes due 2028 (the "2028 Notes"). See "Non-GAAP Financial Measurements" for additional information.","length":372,"tagName":"p"},{"type":"text","content":" $137.2 billion of ending AUM , an increase of 8.8% from the prior quarter arising from market appreciation and net inflows.","length":122,"tagName":"p"},{"type":"text","content":" $2.2 billion of net inflows , primarily driven by inflows into our commodity, cryptocurrency and international developed equity products.","length":136,"tagName":"p"},{"type":"text","content":" 0.35% average advisory fee , unchanged from the prior quarter.","length":61,"tagName":"p"},{"type":"text","content":" 0.38% adjusted revenue yield (2) , unchanged from the prior quarter.","length":66,"tagName":"p"},{"type":"text","content":" $125.6 million of operating revenues , an increase of 11.5% from the prior quarter due to higher average AUM and higher other revenues attributable to our European listed exchange-traded products ("ETPs").","length":214,"tagName":"p"},{"type":"text","content":" 82.2% gross margin (1) , a 1.1 point increase from the prior quarter due to higher revenues.","length":90,"tagName":"p"},{"type":"text","content":" 36.3% operating income margin (38.3% (1) as adjusted) , a 5.5 point increase (5.8 point increase, as adjusted) from the prior quarter primarily due to higher revenues.","length":165,"tagName":"p"},{"type":"text","content":" $475.0 million issuance of convertible senior notes due 2030 (the "2030 Notes"), bearing interest at a rate of 4.625% and issued with a conversion price of $19.15 per share. Concurrent with the issuance, we paid $36.7 million to repurchase $24.0 million aggregate principal amount of our 2028 Notes (with a conversion price of $9.54 per share).","length":354,"tagName":"p"},{"type":"text","content":" $90.0 million of cash consideration paid to repurchase approximately 6.8 million shares of our common stock in connection with the issuance of the 2030 Notes.","length":158,"tagName":"p"},{"type":"text","content":" $0.03 quarterly dividend declared , payable on November 26, 2025 to stockholders of record as of the close of business on November 12, 2025.","length":139,"tagName":"p"},{"type":"text","content":" Update from Jarrett Lilien, WisdomTree COO and President ","length":56,"tagName":"p","attribs":{}},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:top;border-top:solid black 1.0pt;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:10.0px;","val":[{"type":"text","content":"We’re executing with consistency and focus, delivering over $2.2 billion of net inflows in Q3, record firmwide AUM of $137 billion, and strong performance across every business line. Model portfolios remain one of our fastest-growing areas, with AUM reaching nearly $5.9 billion, up more than 50% year-to-date, and continued advisor adoption led by custom model solutions. We’re building meaningful momentum and are well positioned to capture future growth.","length":457,"tagName":"p","attribs":{}}]}]}],"length":457},{"type":"text","content":" Update from Jonathan Steinberg, WisdomTree CEO ","length":46,"tagName":"p","attribs":{}},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"border-top:solid black 1.0pt;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:10.0px;","val":[{"type":"text","content":"WisdomTree’s foundation is the strongest it’s ever been, supported by a diversified, scalable platform that continues to deliver broad-based inflows and consistent execution across our global business. 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