AlTi Global reports Q3 2026 results, cuts costs 25% and secures $85 million credit facility
AlTi Global announced third‑quarter 2026 revenue of $58 million, a 1% year‑over‑year increase, and adjusted EBITDA of about $6 million. The firm reduced operating expenses by 25% YoY, cut headcount and non‑compensation costs, and entered an $85 million credit agreement with Diameter Finance Administration to fund advisor hiring. It also warned of a non‑cash unrealized loss of $20 million‑$23 million on its Zebedee stake in Q4 and reported net wealth‑management outflows of $250 million.
Why it matters
The expense reductions and new credit facility are intended to improve profitability and support growth, according to management. However, the expected unrealized loss and sizable outflows could dampen earnings in the near term.
Key facts
- 1Q3 2026 revenue was $58 million, up 1% YoY. finance.yahoo.com
- 2Adjusted EBITDA for the quarter was over $6 million. finance.yahoo.com
- 3Operating expenses were reduced 25% year‑over‑year. fool.com
- 4AlTi secured an $85 million credit agreement with Diameter Finance Administration. fool.com
- 5The company expects a non‑cash unrealized loss of $20 million‑$23 million on its Zebedee stake in Q4. finance.yahoo.com
- 6Net wealth‑management outflows during the quarter were about $250 million. finance.yahoo.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.