WisdomTree Announces Third Quarter 2023 Results

WisdomTree Announces Third Quarter 2023 Results

$11 Billion of Year-to-Date Inflows and 900bps of Margin Improvement vs. Q3 2022
Diluted Earnings Per Share of $0.07 ($0.10, as Adjusted)

12 consecutive quarters of global net inflows
17% annualized organic growth rate across all products
NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today reported financial results for the third quarter of 2023.

$13.0 million net income ($18.0(1) million net income, as adjusted), see “Non-GAAP Financial Measurements” for additional information.

$93.7 billion of ending AUM, unchanged from the prior quarter.

$2.0 billion of net inflows, primarily driven by inflows into our fixed income, U.S. equity, international equity and emerging markets products, partly offset by outflows from our commodity products.

0.36% average advisory fee, unchanged from the prior quarter.

$90.4 million of operating revenues, an increase of 5.5% from the prior quarter primarily due to higher average AUM.

80.1% gross margin

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