WEALTHFRONT CORP
For the period ended Apr 30, 2026. Filed Jun 12, 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.
Apr 30, 2026 · Filed Jun 12, 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) | April 30, | January 31, |
|---|---|---|
| 2026 | 2026 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $428,208 | $440,805 |
| Cash segregated and on deposit for regulatory purposes | 13,833 | 10,375 |
| Due from clients | 273,668 | 227,413 |
| Accounts receivable | 29,751 | 33,127 |
| Client-held fractional shares | 689,011 | 514,877 |
| Other current assets | 51,127 | 49,187 |
| Total current assets | 1,485,598 | 1,275,784 |
| Deferred tax assets, net | 115,869 | 119,749 |
| Operating lease right-of-use asset | 7,834 | 8,696 |
| Property, software, and equipment, net | 7,306 | 7,755 |
| Other noncurrent assets | 3,650 | 3,745 |
| Total assets | $1,620,257 | $1,415,729 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $7,258 | $7,299 |
| Accrued liabilities | 12,897 | 8,830 |
| Due to clients | 12,049 | 30,209 |
| Payable to clearing broker | 273,512 | 227,439 |
| Current portion of operating lease liabilities | 4,157 | 4,101 |
| Fractional shares repurchase obligation | 689,011 | 514,877 |
| Total current liabilities | 998,884 | 792,755 |
| Operating lease liabilities, net of current portion | 5,229 | 6,292 |
| Other noncurrent liabilities | 1,956 | 1,993 |
| Total liabilities | 1,006,069 | 801,040 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity: | ||
| Common stock, $0.0001 par value per share; 214,611,134 shares authorized as of April 30, 2026 and January 31, 2026; 154,081,996 and 151,782,411 shares issued as of April 30, 2026 and January 31, 2026, respectively; 149,475,525 and 150,305,463 shares outstanding as of April 30, 2026 and January 31, 2026, respectively | 12 | 12 |
| Treasury stock, at cost; 4,606,471 and 1,476,948 shares held as of April 30, 2026 and January 31, 2026, respectively | (41,313) | (13,052) |
| Additional paid-in capital | 784,656 | 769,730 |
| Accumulated deficit | (129,167) | (142,001) |
| Total stockholders’ equity | 614,188 | 614,689 |
| Total liabilities and stockholders’ equity | 1,620,257 | 1,415,729 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.