Earnings Releases·Nov 9, 2026, 4:15 PM ET

AlTi Global — Third Quarter 2026 Earnings Summary

Consolidated revenue rose 1% year-over-year to $58 million, while management and advisory fees increased 7% to $55 million; total operating expenses fell 25% year-over-year to $64 million, driving a 79% improvement in GAAP operating loss to $6 million and an 87% reduction in net loss from continuing operations to $11.4 million.
Adjusted EBITDA reached $6 million (10.8% margin), up 1% year-over-year, supported by a 37% drop in professional fees and a reduction in other expenses to under $5 million from $28 million in the prior-year period.
Assets under management grew 5% year-over-year to $52 billion, with average AUM up 6.3% to $49.7 billion, while the firm maintains a 95% client retention rate and 99.8% recurring revenue.
Management is prioritizing organic growth and evaluating selective inorganic opportunities, having completed 10+ acquisitions since 2023, though the international real estate business was placed under administration in July 2025 and a significant redemption event occurred post-quarter for the European Long Short Equities strategy.
The company retains a strong balance sheet with $34.96 million in cash and $1.10 billion in total assets, while continuing to execute a zero-based budgeting approach to simplify its cost structure and transform its technology platform.