Every 10-Q that WESTWOOD HOLDINGS GROUP, INC. (WHG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow WHG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WHG filings page.
Westwood Holdings Group reported stronger Q2 2026 results, with total revenues of 25,343 (in thousands), up 10% from Q2 2025, driven by growth in ETFs, private energy secondaries funds and higher gains on seed investments. Income attributable to Westwood Holdings Group, Inc. rose to 1,519 (in thousands), and diluted EPS increased to $0.17 from $0.12. Non-GAAP Economic Earnings were 2,968 (in thousands), or Economic EPS of $0.33.
Assets under management were $16,960 (in millions) at June 30, 2026, with firm-wide assets under management of approximately $17.9 billion and assets under advisement of about $1.0 billion. AUM decreased 2% year over year as net client outflows of $1.6 billion in the first half, mainly from LargeCap Value and SmallCap Value strategies, were more than offset by $2.0 billion of market appreciation.
The balance sheet shows total assets of 155,375 (in thousands), equity of 127,454 (in thousands) and cash plus investments of $56.5 million. Operating cash flow for the first half was 3,017 (in thousands). The company paid dividends of $0.30 per share year to date and declared a further $0.15 quarterly dividend. A share repurchase authorization with up to $5.5 million remaining was unused. Management notes that an expansion of Internal Revenue Code Section 162(m) scheduled for 2027 could further increase the effective tax rate and income tax expense.
Westwood Holdings Group reported higher profitability for the quarter ended March 31, 2026, even though its core operations showed a small loss. Total revenues rose to $24.97 million from $23.25 million, helped by higher advisory fees as assets under management reached about $17.3 billion.
The company posted net income of $0.78 million, up from $0.48 million, largely driven by a $2.05 million realized gain on private investments tied to the Vista Bancshares/NBHC transaction, which offset a $1.6 million legal settlement related to a trust dispute. Operating expenses grew faster than revenues, producing a $1.50 million operating loss.
Cash and cash equivalents declined to $23.4 million, with total cash and liquid investments of $34.2 million, and the company reported no debt. Westwood continued its $0.15 per share quarterly dividend and had authority remaining under its share repurchase program, though no shares were repurchased in the quarter.
Westwood Holdings Group (WHG) reported stronger Q3 2025 results. Revenue rose to $24.3M from $23.7M, and net income increased to $3.7M from $0.2M, driven by higher asset-based advisory fees and a $1.9M unrealized gain on private investments. Diluted EPS was $0.41 versus $0.01 a year ago. For the nine months, revenue reached $70.7M and diluted EPS was $0.59.
AUM reached $17.3B as of September 30, 2025, up from $16.8B a year earlier, as market appreciation offset net outflows. Trust fees held steady, while information technology and fund-related costs increased with growth initiatives. The balance sheet shows no debt and cash and cash equivalents of $21.6M; management cites cash and liquid investments of $39.2M. The Board declared a quarterly dividend of $0.15 per share, and shares outstanding were 9,408,130 as of October 22, 2025. Economic EPS rose to $0.64 for Q3.
Westwood Holdings Group, Inc. reported improved operating results for the quarter ended June 30, 2025. Total revenues were $23,120 (in thousands) for the quarter and $46,372 (in thousands) for the six months. The company returned to GAAP profitability, reporting net income of $1,031 (in thousands) for the quarter and $1,508 (in thousands) for the six months, with diluted EPS of $0.12 for the quarter and $0.17 for six months. Firm-wide assets under management rose 10% year-over-year to $17.341 billion at June 30, 2025, while assets under advisement were $939 million.
Liquidity and capital items: cash and cash equivalents were $15,403 (in thousands) and total investments were $35,712 (in thousands), with combined cash and liquid investments of $33.1 million noted in MD&A. The company has no debt, a remaining share repurchase capacity of $5.5 million, and declared a quarterly dividend of $0.15 per share on August 8, 2025. The company completed the final payment for a revenue retention earn-out in 2025 and has a June 30, 2025 fair-value measure for a growth earn-out reflected in contingent consideration disclosures. A long-term office lease renewal was executed with an approximate $8.7 million base rent obligation.