WEALTHFRONT CORP
For the period ended Oct 31, 2025. Filed Jan 23, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 31, 2025 · Filed Jan 23, 2026
WLTH$10.93-2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements (Unaudited)
CONDENSED CONSOLIDATED BALANCE SHEETS
| (in thousands, except shares and per share data) | October 31, | January 31, |
|---|---|---|
| 2025 | 2025 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $266,191 | $142,860 |
| Cash segregated and on deposit for regulatory purposes | 10,701 | 9,083 |
| Due from clients | 191,070 | 118,518 |
| Accounts receivable | 32,071 | 29,127 |
| Client-held fractional shares | 211,299 | 28,057 |
| Other current assets | 31,447 | 18,805 |
| Total current assets | 742,779 | 346,450 |
| Deferred tax assets, net | 45,700 | 60,194 |
| Operating lease right-of-use asset | 9,545 | 11,229 |
| Property, software, and equipment, net | 9,276 | 14,723 |
| Other noncurrent assets | 3,341 | 2,610 |
| Total assets | $810,641 | $435,206 |
| Liabilities, redeemable convertible preferred stock, and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $9,593 | $6,467 |
| Accrued liabilities | 12,377 | 7,517 |
| Due to clients | 12,413 | 9,452 |
| Payable to clearing broker | 191,126 | 118,174 |
| Current portion of operating lease liabilities | 4,035 | 3,556 |
| Fractional shares repurchase obligation | 211,299 | 28,057 |
| Total current liabilities | 440,843 | 173,223 |
| Operating lease liabilities, net of current portion | 7,329 | 9,796 |
| Other noncurrent liabilities | 9,912 | 9,651 |
| Total liabilities | 458,084 | 192,670 |
| Commitments and contingencies (Note 8) | ||
| Redeemable convertible preferred stock, $0.0001 par value per share; 85,490,483 shares authorized as of October 31, 2025 and January 31, 2025; 69,852,421 and 69,914,359 shares issued and outstanding as of October 31, 2025 and January 31, 2025, respectively; aggregate liquidation preference of $229,393 and $229,543 as of October 31, 2025 and January 31, 2025, respectively | 227,198 | 227,198 |
| Stockholders’ equity: | ||
| Common stock, $0.0001 par value per share; 214,611,134 shares authorized as of October 31, 2025 and January 31, 2025; 44,871,567 and 41,532,599 shares issued as of October 31, 2025 and January 31, 2025; 43,419,298 and 40,110,106 shares outstanding as of October 31, 2025 and January 31, 2025, respectively | 4 | 4 |
| Treasury stock, at cost; 1,452,269 and 1,422,493 shares held as of October 31, 2025 and January 31, 2025, respectively | (12,858) | (12,593) |
| Additional paid-in capital | 146,559 | 127,862 |
| Accumulated deficit | (8,346) | (99,935) |
| Total stockholders’ equity | 125,359 | 15,338 |
| Total liabilities, redeemable convertible preferred stock, and stockholders’ equity | 810,641 | 435,206 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.