WEALTHFRONT CORP
For the period ended Jul 31, 2026. Filed Sep 14, 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.
Jul 31, 2026 · Filed Sep 14, 2026
WLTH$10.93-2.0%Stored close · as of Nov 10, 2026
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Item 1. Financial Statements (Unaudited)
CONDENSED CONSOLIDATED BALANCE SHEETS
| (in thousands, except shares and per share data) | July 31, | January 31, |
|---|---|---|
| 2026 | 2026 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $453,308 | $440,805 |
| Cash segregated and on deposit for regulatory purposes | 12,200 | 10,375 |
| Due from clients | 302,562 | 227,413 |
| Accounts receivable | 30,923 | 33,127 |
| Client-held fractional shares | 816,880 | 514,877 |
| Other current assets | 36,005 | 49,187 |
| Total current assets | 1,651,878 | 1,275,784 |
| Deferred tax assets, net | 113,921 | 119,749 |
| Operating lease right-of-use asset | 7,081 | 8,696 |
| Property, software, and equipment, net | 6,337 | 7,755 |
| Other noncurrent assets | 3,555 | 3,745 |
| Total assets | $1,782,772 | $1,415,729 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $6,526 | $7,299 |
| Accrued liabilities | 10,479 | 8,649 |
| Short-term financing | 5,116 | 181 |
| Due to clients | 10,998 | 30,209 |
| Payable to clearing broker | 302,658 | 227,439 |
| Current portion of operating lease liabilities | 4,336 | 4,101 |
| Fractional shares repurchase obligation | 816,880 | 514,877 |
| Total current liabilities | 1,156,993 | 792,755 |
| Operating lease liabilities, net of current portion | 4,151 | 6,292 |
| Other noncurrent liabilities | 1,766 | 1,993 |
| Total liabilities | 1,162,910 | 801,040 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity: | ||
| Common stock, $0.0001 par value per share; 214,611,134 shares authorized as of July 31, 2026 and January 31, 2026; 158,756,966 and 151,782,411 shares issued as of July 31, 2026 and January 31, 2026, respectively; 150,748,902 and 150,305,463 shares outstanding as of July 31, 2026 and January 31, 2026, respectively | 12 | 12 |
| Treasury stock, at cost; 8,008,064 and 1,476,948 shares held as of July 31, 2026 and January 31, 2026, respectively | (73,151) | (13,052) |
| Additional paid-in capital | 804,417 | 769,730 |
| Accumulated deficit | (111,416) | (142,001) |
| Total stockholders’ equity | 619,862 | 614,689 |
| Total liabilities and stockholders’ equity | 1,782,772 | 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.