Revenue: As of FY2026 Q1, the actual value is USD 73.11 M, beating the estimate of USD 63.8 M.

EPS: As of FY2026 Q1, the actual value is USD 0.01.

EBIT: As of FY2026 Q1, the actual value is USD -10.99 M.

Revenue

• Consolidated revenues for Q1 2026 were $73 million, an increase of 28% year-over-year .
• Total revenue was $73.1 million in Q1 2026, up 28% from $57.1 million in Q1 2025, but down -17% from $88.3 million in Q4 2025 .
• Management/advisory fees were $51.9 million in Q1 2026, a 16% increase compared to $44.8 million in Q1 2025, and a -2% decrease from $52.7 million in Q4 2025 .
• Incentive fees for Q1 2026 were - $0.1 million, compared to $0.1 million in Q1 2025 and $31.7 million in Q4 2025 .
• Distributions from investments were $21.3 million in Q1 2026, marking a 75% increase from $12.2 million in Q1 2025 .

Operating Expenses

• Total operating expenses for Q1 2026 were $83.8 million, an increase of 28% from $65.5 million in Q1 2025, and a -16% decrease from $99.7 million in Q4 2025 .
• Normalized operating expenses (excluding non-recurring and non-cash items) were $58 million in Q1 2026, up from $45 million in Q1 2025, but sequentially declined by $19 million from Q4 2025 .
• Compensation and employee benefits were $56.3 million in Q1 2026, up 39% from $40.4 million in Q1 2025, and down -13% from $64.4 million in Q4 2025 .

Profitability

• Operating income (loss) for Q1 2026 was - $10.7 million, compared to - $8.4 million in Q1 2025 and - $11.5 million in Q4 2025 .
• Other income (loss) was $19.0 million in Q1 2026, an increase of 76% from $10.8 million in Q1 2025, and significantly higher than - $8.3 million in Q4 2025 .
• Net income (loss) from continuing operations was $8.4 million in Q1 2026, an increase of 110% from $4.0 million in Q1 2025, and a substantial improvement from - $14.7 million in Q4 2025 .
• Adjusted EBITDA was $14.9 million in Q1 2026, representing a 21% increase year-over-year from $12.3 million in Q1 2025, and a 32% sequential improvement from $11.3 million in Q4 2025 .
• Adjusted EBITDA margin was 20% in Q1 2026, compared to 22% in Q1 2025 and 13% in Q4 2025 .
• Adjusted Net Income was $8.9 million in Q1 2026, compared to $5.2 million in Q1 2025 and $4.9 million in Q4 2025 .

Assets Under Management (AUM) and Assets Under Advisement (AUA)

• Assets under management (AUM) were $48.7 billion as of March 31, 2026, up 9% year-over-year from $44.8 billion in Q1 2025, but down -2% from $49.7 billion in Q4 2025 . This growth was driven by strong portfolio performance and the acquisition of Kontora, despite market-driven depreciation .
• Average AUM for Q1 2026 was $47.4 billion, a 10.2% increase from Q1 2025, and a -0.8% decrease from Q4 2025 .
• Assets under advisement (AUA) were $90.1 billion as of March 31, 2026 .
• AUA at period end was $83.0 billion in Q1 2026, up 37.0% from $60.6 billion in Q1 2025, but down -3.3% from $85.8 billion in Q4 2025 .
• Average AUA for Q1 2026 was $84.4 billion, a 39.5% increase from Q1 2025, and a 0.5% increase from Q4 2025 .

Balance Sheet (as of March 31, 2026)

• Cash and cash equivalents: $39,715 thousand .
• Total assets: $1,138,216 thousand .
• Total liabilities: $255,692 thousand .
• Total shareholders’ equity: $882,524 thousand .

Operational Metrics

• AlTi Global, Inc. manages or advises on approximately $93 billion in combined assets .
• The company has more than 480 professionals across three continents .
• Client retention rate since 2021 is 96% .
• The firm has 19 offices across the globe .
• Recurring revenues for Q1 2026 accounted for 74% of AUA and AUM .
• The average tenure for Wealth Management advisors is 10+ years .
• AlTi Global, Inc. has completed 7 acquisitions and integrations globally since 2023 .
• The firm has over 25 years of operating history focused on UHNW clients .
• Committed to impact strategies, the company has $5 billion .
• AlTi Global, Inc. has 830+ UHNW/HNW individuals and families and other clients .
• Average AUM per client is approximately $60 million .

Outlook / Guidance

Management’s priority areas include accelerating organic revenue growth and evaluating selective inorganic opportunities in core markets . The company is focused on simplifying its cost structure and achieving economies of scale by leveraging its global platform, including the Lisbon “Center of Excellence” . Initiatives are underway to reduce the cost basis using a zero-based budgeting approach and transform the technology platform to enhance efficiency, productivity, and scalability .