WEALTHFRONT CORP
WLTH · Finance Services · 149.4M shares · EDGAR filings ↗
Reference price $8.45 · est. market cap ~$1.3B — last insider sale, 2026-06-17 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C64Wealthfront — robo-advisor/cash-management fintech near breakeven (IPO-stage filer).
Strengths
- High gross margin (84th pct), strong operating cash margin (86th), cash (81st)
- Scaling automated-investing and high-yield-cash platform
Risks
- Net loss; rate-sensitive cash-product economics
- Competitive robo/brokerage landscape
Notable findings
- Net lossNet loss (net margin -11.5%)
- Customer concentration~17% of revenue from one customer/distributor — 79 Table of Contents Key Business Metrics We monitor the following key business metrics to help us evaluate our business, identify trends, formulate business plans and make strategic decisions
- Strong balance sheetStrong balance sheet — $441M cash & investments
- Insider sellingInsider selling — 5 open-market sale(s) by 4 insider(s) (cluster of 4 insiders, ~$1M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
89.6%
Net margin
-11.5%
Return on equity
-6.8%
Return on assets
-3.0%
Revenue growth (QoQ)
-5.9%
Net-income growth
-121.6%
Current ratio
1.6×
Tangible book value
$615M
Cash & investments
$441M
Stock comp / revenue
71.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-17 | Lin Lauren | Sell | 4.8K | $8.45 |
| 2026-06-17 | Wetterwald Julien | Sell | 40K | $8.46 |
| 2026-06-17 | IYER KAL | Sell | 28K | $8.46 |
| 2026-06-15 | Lin Lauren | Option exercise | 9.4K | — |
| 2026-06-15 | Lin Lauren | Option exercise | 4.7K | — |
| 2026-06-15 | Lin Lauren | Option exercise | 13K | — |
| 2026-06-15 | Lin Lauren | Tax withheld | 20K | $8.80 |
| 2026-06-15 | Imberman Alan | Option exercise | 23K | — |
| 2026-06-15 | Imberman Alan | Option exercise | 24K | — |
| 2026-06-15 | Imberman Alan | Option exercise | 18K | — |
| 2026-06-15 | Imberman Alan | Tax withheld | 25K | $8.80 |
| 2026-06-15 | Fortunato David | Option exercise | 76K | — |
| 2026-06-15 | Fortunato David | Option exercise | 79K | — |
| 2026-06-15 | Fortunato David | Option exercise | 60K | — |
| 2026-06-15 | Fortunato David | Tax withheld | 116K | $8.80 |
| 2026-06-15 | Wetterwald Julien | Option exercise | 21K | — |
| 2026-06-15 | Wetterwald Julien | Option exercise | 20K | — |
| 2026-06-15 | Wetterwald Julien | Option exercise | 21K | — |
| 2026-06-15 | Wetterwald Julien | Option exercise | 19K | — |
| 2026-06-15 | Wetterwald Julien | Tax withheld | 44K | $8.80 |
| 2026-06-15 | IYER KAL | Option exercise | 20K | — |
| 2026-06-15 | IYER KAL | Option exercise | 20K | — |
| 2026-06-15 | IYER KAL | Option exercise | 21K | — |
| 2026-06-15 | IYER KAL | Option exercise | 16K | — |
| 2026-06-15 | IYER KAL | Tax withheld | 42K | $8.80 |
| 2026-06-15 | IYER KAL | Sell | 46K | $8.92 |
| 2026-06-15 | KILAR JASON | Option exercise | 24K | — |
| 2026-06-15 | WILSON L MICHELLE | Option exercise | 2.1K | — |
| 2026-06-15 | WILSON L MICHELLE | Sell | 638 | $9.12 |
| 2026-06-15 | Schmidt Michael Reed | Option exercise | 2.1K | — |
| 2026-06-15 | Lin Lauren | Option exercise | 12K | — |
| 2026-03-20 | Fortunato David | Option exercise | 41K | $2.45 |
| 2026-03-16 | Lin Lauren | Tax withheld | 15K | $7.86 |
| 2026-03-16 | Imberman Alan | Tax withheld | 16K | $7.86 |
| 2026-03-16 | Fortunato David | Tax withheld | 121K | $7.86 |
| 2026-03-16 | Wetterwald Julien | Tax withheld | 29K | $7.86 |
| 2026-03-16 | IYER KAL | Tax withheld | 26K | $7.86 |
| 2026-03-15 | Lin Lauren | Option exercise | 4.7K | — |
| 2026-03-15 | IYER KAL | Option exercise | 9.7K | — |
| 2026-03-15 | IYER KAL | Option exercise | 20K | — |
| 2026-03-15 | IYER KAL | Option exercise | 20K | — |
| 2026-03-15 | IYER KAL | Option exercise | 21K | — |
| 2026-03-15 | KILAR JASON | Option exercise | 17K | — |
| 2026-03-15 | KILAR JASON | Option exercise | 24K | — |
| 2026-03-15 | GOLDMAN KENNETH A | Option exercise | 17K | — |
| 2026-03-15 | RACHLEFF ANDREW S | Option exercise | 30K | — |
| 2026-03-15 | WILSON L MICHELLE | Option exercise | 2.1K | — |
| 2026-03-15 | Lin Lauren | Option exercise | 1.2K | — |
| 2026-03-15 | Lin Lauren | Option exercise | 12K | — |
| 2026-03-15 | Lin Lauren | Option exercise | 9.4K | — |
| 2026-03-15 | Lin Lauren | Option exercise | 13K | — |
| 2026-03-15 | Imberman Alan | Option exercise | 23K | — |
| 2026-03-15 | Imberman Alan | Option exercise | 24K | — |
| 2026-03-15 | Imberman Alan | Option exercise | 18K | — |
| 2026-03-15 | Bisharat Jaleh | Option exercise | 17K | — |
| 2026-03-15 | Fortunato David | Option exercise | 9.7K | — |
| 2026-03-15 | Fortunato David | Option exercise | 76K | — |
| 2026-03-15 | Fortunato David | Option exercise | 79K | — |
| 2026-03-15 | Fortunato David | Option exercise | 60K | — |
| 2026-03-15 | Schmidt Michael Reed | Option exercise | 2.1K | — |
| 2026-03-15 | Wetterwald Julien | Option exercise | 21K | — |
| 2026-03-15 | Wetterwald Julien | Option exercise | 20K | — |
| 2026-03-15 | Wetterwald Julien | Option exercise | 21K | — |
| 2026-03-15 | Wetterwald Julien | Option exercise | 19K | — |
| 2025-12-23 | Wetterwald Julien | Option exercise | 24K | $2.45 |
| 2025-12-23 | Wetterwald Julien | Option exercise | 56K | $1.79 |
| 2025-12-23 | Wetterwald Julien | Option exercise | 52K | $1.92 |
| 2025-12-23 | Wetterwald Julien | Option exercise | 37K | $2.67 |
| 2025-12-23 | IYER KAL | Option exercise | 56K | $1.79 |
| 2025-12-22 | Imberman Alan | Option exercise | 37K | $2.67 |
| 2025-12-22 | Imberman Alan | Option exercise | 3.0K | $2.91 |
| 2025-12-22 | Imberman Alan | Option exercise | 15K | $2.45 |
| 2025-12-22 | Imberman Alan | Option exercise | 22K | $1.79 |
| 2025-12-22 | Imberman Alan | Option exercise | 53K | $1.87 |
| 2025-12-19 | Fortunato David | Option exercise | 53K | $1.87 |
| 2025-12-19 | Fortunato David | Option exercise | 56K | $1.79 |
| 2025-12-19 | Fortunato David | Option exercise | 72K | $1.39 |
| 2025-12-15 | Volpi Michelangelo | Conversion | 208K | — |
| 2025-12-15 | Fortunato David | Tax withheld | 116K | $14.19 |
| 2025-12-15 | Lin Lauren | Option exercise | 4.7K | — |
| 2025-12-15 | Lin Lauren | Option exercise | 13K | — |
| 2025-12-15 | Lin Lauren | Tax withheld | 21K | $14.19 |
| 2025-12-15 | Imberman Alan | Option exercise | 23K | — |
| 2025-12-15 | Imberman Alan | Option exercise | 24K | — |
| 2025-12-15 | Imberman Alan | Tax withheld | 18K | $14.19 |
| 2025-12-15 | Fortunato David | Option exercise | 76K | — |
| 2025-12-15 | Fortunato David | Option exercise | 79K | — |
| 2025-12-15 | Fortunato David | Option exercise | 60K | — |
| 2025-12-15 | Fortunato David | Tax withheld | 109K | $14.19 |
| 2025-12-15 | Wetterwald Julien | Option exercise | 21K | — |
| 2025-12-15 | Wetterwald Julien | Option exercise | 20K | — |
| 2025-12-15 | Wetterwald Julien | Option exercise | 21K | — |
| 2025-12-15 | Wetterwald Julien | Tax withheld | 31K | $14.19 |
| 2025-12-15 | IYER KAL | Option exercise | 9.7K | — |
| 2025-12-15 | IYER KAL | Option exercise | 20K | — |
| 2025-12-15 | IYER KAL | Option exercise | 20K | — |
| 2025-12-15 | IYER KAL | Option exercise | 21K | — |
| 2025-12-15 | IYER KAL | Tax withheld | 36K | $14.19 |
| 2025-12-15 | KILAR JASON | Option exercise | 24K | — |
| 2025-12-15 | DAG Ventures Management IV, LLC | Conversion | 1.1M | — |
| 2025-12-15 | DAG Ventures Management IV, LLC | Conversion | 10.7M | — |
| 2025-12-15 | DAG Ventures Management IV, LLC | Conversion | 1.6M | — |
| 2025-12-15 | WILSON L MICHELLE | Option exercise | 2.1K | — |
| 2025-12-15 | TIGER GLOBAL MANAGEMENT LLC | Conversion | 14.4M | — |
| 2025-12-15 | TIGER GLOBAL MANAGEMENT LLC | Conversion | 3.8M | — |
| 2025-12-15 | TIGER GLOBAL MANAGEMENT LLC | Sell | 7.0M | $14.00 |
| 2025-12-15 | Volpi Michelangelo | Conversion | 2.4M | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 779K | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 35K | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 12K | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 3.1K | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 2.9M | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 2.9M | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 58K | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 59K | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 37K | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 38K | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 30K | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 10K | — |
| 2025-12-15 | Volpi Michelangelo | Conversion | 2.7K | — |
| 2025-12-15 | GOLDMAN KENNETH A | Conversion | 54K | — |
| 2025-12-15 | RACHLEFF ANDREW S | Conversion | 1.0M | — |
| 2025-12-15 | RACHLEFF ANDREW S | Conversion | 2.8M | — |
| 2025-12-15 | RACHLEFF ANDREW S | Conversion | 298K | — |
| 2025-12-15 | RACHLEFF ANDREW S | Conversion | 3.7M | — |
| 2025-12-15 | RACHLEFF ANDREW S | Conversion | 158K | — |
| 2025-12-15 | RACHLEFF ANDREW S | Conversion | 761K | — |
| 2025-12-15 | RACHLEFF ANDREW S | Conversion | 203K | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 2.4M | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 779K | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 208K | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 35K | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 12K | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 3.1K | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 2.9M | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 2.9M | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 58K | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 59K | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 37K | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 38K | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 30K | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 10K | — |
| 2025-12-15 | Index Ventures Growth II (Jersey), L.P. | Conversion | 2.7K | — |
| 2025-12-15 | Lin Lauren | Option exercise | 1.2K | — |
| 2025-12-15 | Lin Lauren | Option exercise | 12K | — |
| 2025-12-15 | Lin Lauren | Option exercise | 9.4K | — |
| 2025-12-11 | Fortunato David | Sell | 765K | $14.00 |
| 2025-12-11 | Fortunato David | Sell | 765K | $14.00 |
| 2025-12-11 | Fortunato David | Option exercise | 186K | $1.50 |
| 2025-12-11 | Fortunato David | Option exercise | 179K | $2.45 |
| 2025-12-11 | Fortunato David | Option exercise | 143K | — |
| 2025-12-11 | Fortunato David | Option exercise | 36K | — |
| 2025-12-11 | Fortunato David | Option exercise | 45K | $2.45 |
| 2025-12-11 | Fortunato David | Option exercise | 25K | $2.67 |
| 2025-12-11 | Fortunato David | Sell | 95K | $14.00 |
| 2025-12-11 | Wetterwald Julien | Option exercise | 267K | — |
| 2025-12-11 | Wetterwald Julien | Option exercise | 96K | — |
| 2025-12-11 | Wetterwald Julien | Option exercise | 143K | — |
| 2025-12-11 | Wetterwald Julien | Option exercise | 63K | — |
| 2025-12-11 | Wetterwald Julien | Option exercise | 167K | — |
| 2025-12-11 | Wetterwald Julien | Tax withheld | 374K | $14.00 |
| 2025-12-11 | Wetterwald Julien | Sell | 120K | $14.00 |
| 2025-12-11 | IYER KAL | Option exercise | 122K | — |
| 2025-12-11 | IYER KAL | Option exercise | 42K | — |
| 2025-12-11 | Fortunato David | Tax withheld | 1.6M | $14.00 |
| 2025-12-11 | IYER KAL | Tax withheld | 305K | $14.00 |
| 2025-12-11 | IYER KAL | Sell | 168K | $14.00 |
| 2025-12-11 | Fortunato David | Option exercise | 242K | $1.67 |
| 2025-12-11 | Fortunato David | Option exercise | 163K | $1.50 |
| 2025-12-11 | Fortunato David | Tax withheld | 92K | $14.00 |
| 2025-12-11 | KILAR JASON | Option exercise | 259K | — |
| 2025-12-11 | GOLDMAN KENNETH A | Option exercise | 6.9K | — |
| 2025-12-11 | GOLDMAN KENNETH A | Option exercise | 28K | — |
| 2025-12-11 | GOLDMAN KENNETH A | Option exercise | 30K | — |
| 2025-12-11 | GOLDMAN KENNETH A | Option exercise | 15K | — |
| 2025-12-11 | GOLDMAN KENNETH A | Sell | 38K | $14.00 |
| 2025-12-11 | GOLDMAN KENNETH A | Sell | 5.4K | $14.00 |
| 2025-12-11 | WILSON L MICHELLE | Option exercise | 2.1K | — |
| 2025-12-11 | IYER KAL | Option exercise | 96K | — |
| 2025-12-11 | IYER KAL | Option exercise | 136K | — |
| 2025-12-11 | IYER KAL | Option exercise | 204K | — |
| 2025-12-11 | Lin Lauren | Option exercise | 5.2K | — |
| 2025-12-11 | Lin Lauren | Option exercise | 17K | — |
| 2025-12-11 | Lin Lauren | Option exercise | 1.5K | — |
| 2025-12-11 | Lin Lauren | Option exercise | 138K | — |
| 2025-12-11 | Lin Lauren | Option exercise | 75K | — |
| 2025-12-11 | Lin Lauren | Option exercise | 19K | — |
| 2025-12-11 | Lin Lauren | Tax withheld | 129K | $14.00 |
| 2025-12-11 | Lin Lauren | Sell | 30K | $14.00 |
| 2025-12-11 | Imberman Alan | Option exercise | 96K | — |
| 2025-12-11 | Imberman Alan | Option exercise | 160K | — |
| 2025-12-11 | Imberman Alan | Option exercise | 71K | — |
| 2025-12-11 | Imberman Alan | Tax withheld | 119K | $14.00 |
| 2025-12-11 | Imberman Alan | Sell | 100K | $14.00 |
| 2025-12-11 | Bisharat Jaleh | Option exercise | 10K | $2.91 |
| 2025-12-11 | Bisharat Jaleh | Sell | 10K | $14.00 |
| 2025-12-11 | Fortunato David | Option exercise | 96K | — |
| 2025-12-11 | Fortunato David | Option exercise | 384K | — |
| 2025-12-11 | Fortunato David | Option exercise | 599K | — |
| 2025-12-11 | Fortunato David | Option exercise | 765K | — |
| 2025-12-11 | Fortunato David | Option exercise | 254K | — |
| 2025-12-11 | Fortunato David | Option exercise | 475K | — |
| 2025-12-11 | Fortunato David | Option exercise | 177K | — |
| 2025-12-11 | Fortunato David | Option exercise | 119K | — |
| 2025-12-11 | Fortunato David | Option exercise | 142K | — |
| 2025-12-11 | Fortunato David | Tax withheld | 1.5M | $14.00 |
| 2025-12-11 | Fortunato David | Option exercise | 220K | $2.45 |
| 2025-10-15 | KILAR JASON | Option exercise | 100K | $1.67 |
| 2025-10-15 | KILAR JASON | Option exercise | 200K | $1.16 |
| 2025-09-05 | Imberman Alan | Option exercise | 40K | $2.45 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-24 | 2026-06-23 | 0001628280-26-045236 ↗ |
| 10-Q | 2026-06-12 | 2026-04-30 | 0001628280-26-042874 ↗ |
| 8-K | 2026-06-04 | 2026-06-04 | 0001628280-26-040793 ↗ |
| 10-K | 2026-04-24 | 2026-01-31 | 0001628280-26-027232 ↗ |
| 8-K | 2026-03-11 | 2026-03-09 | 0001628280-26-016823 ↗ |
| 8-K | 2026-02-18 | 2026-02-16 | 0001628280-26-008816 ↗ |
| 8-K | 2026-01-28 | 2026-01-28 | 0001628280-26-003843 ↗ |
| 10-Q | 2026-01-23 | 2025-10-31 | 0001628280-26-003332 ↗ |
| 8-K | 2026-01-12 | 2026-01-12 | 0001628280-26-001819 ↗ |