AI-extracted from the 10-Q filed 2026-08-10 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
AlTi reported Q2 2026 revenue of $58.0M (+10.8% YoY) driven by $54.4M in management fees, but posted operating loss of $10.9M; adjusted EBITDA improved to $5.4M.
Biggest Revenue Drivers
Management/advisory fees$54.4M+10.6% YoY
Higher fees from Kontora acquisition, positive net client flows, and strong portfolio performance
Distributions from investments$3.4M+28.2% YoY
Higher distributions from management fees in European Equities and Real Estate Bridge Lending strategies
Biggest Revenue Drivers
Total revenue: $58.0M+10.8% YoY
Management/advisory fees$54.4M+10.6% YoY
Higher fees from Kontora acquisition, positive net client flows, and strong portfolio performance
Distributions from investments$3.4M+28.2% YoY
Higher distributions from management fees in European Equities and Real Estate Bridge Lending strategies
Largest Expense Items
Compensation and employee benefits$41.4M-4.9% YoY
Decrease primarily from lower equity-based compensation expense from previously granted awards
Occupancy costs$3.0M-8.1% YoY
Reduction from decreased real estate footprint
Depreciation and amortization$4.7M+1.5% YoY
Depreciation of fixed assets and amortization of intangible assets from acquisitions
Margins: Operating loss of $10.9M reflects revenue growth offset by $41.4M compensation costs. Adjusted EBITDA of $5.4M improved $0.4M YoY after adding back $6.3M stock-based compensation and $3.7M transaction expenses, but was pressured by $21.4M unrealized investment losses.
Watch Items from the Filing
$21.4M unrealized loss on investments in Q2 2026 includes $18.5M decline in Asian Credit & Special Situations fund due to planned wind-down; external manager investment valuations highly concentrated and subject to Level 3 valuation inputs.
Material weaknesses in internal control over financial reporting remain unresolved as of June 30, 2026; remediation plan partially completed with controls not yet fully operating effectively, increasing financial reporting risk.
TRA liability of $30.3M ($8.4M at fair value) contingent on future taxable income generation; UK FCA investigations into International Real Estate entities' Home REIT/HLIF management could impose material penalties on AFM UK and ARE.
AUM of $51.4B and AUA of $96.0B provide revenue base; Kontora acquisition (April 2025, $15.7M purchase) and three other acquisitions since 2024 have added scale but generated earn-out liabilities of $39.8M requiring future performance achievement.
Cash and equivalents of $31.2M down from $41.2M at year-end 2025; $12.3M administrator term loan non-interest bearing due through November 2027 and Kontora credit facility obligations present moderate leverage.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About AlTi Global, Inc. (ALTI): stock profile, AI score and financials
AlTi Global, Inc. (ALTI) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores ALTI at 40.7/100 on a composite quality score built from its SEC filings, placing it at rank #2,078 of 2,925 stocks — the bottom half of the AI-ranked universe. ALTI scores in the top quartile across institutional flow (91.0). Areas of concern include profitability (12.7) and earnings quality (14.2), which score below median versus the broader universe. Shareholder dilution risk is elevated at 13.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), AlTi Global, Inc. reports quarterly revenue of $58.0M, net income of $-23.5M, an operating margin of -18.7%. Top institutional holders of ALTI by reported 13-F value include ALLIANZ SE, BlackRock, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. ALTI trades on the Nasdaq exchange and files with the SEC under CIK 1838615. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ALTI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for AlTi Global, Inc. directly from SEC EDGAR.