Source: Acadian Asset Management Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 09, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$887.40M
$928.20M
$807.00M
$697.90M
$523.80M
$417.20M
$426.60M
$505.60M
$563.70M
Operating income
$71.00M
$83.80M
$222.20M
$131.70M
$145.80M
$167.90M
$106.00M
$135.50M
$132.10M
Interest expense
—
—
—
—
—
—
$19.60M
$19.40M
$21.70M
Pre-tax income
$142.00M
$135.20M
$213.20M
$344.80M
$178.10M
$144.80M
$96.50M
$125.70M
$143.20M
Income tax
$132.80M
$5.00M
$10.50M
$97.10M
$50.00M
$44.20M
$29.40M
$38.90M
$36.60M
Net income
$4.20M
$136.40M
$223.90M
$286.70M
$828.40M
$100.60M
$65.80M
$85.00M
$80.00M
EBITDA
—
—
—
—
$167.90M
—
—
—
—
EPS (basic)
$0.04
$1.27
$2.45
$3.53
$10.73
$2.39
$1.59
$2.25
$2.21
EPS (diluted)
$0.04
$1.26
$2.45
$3.49
$10.29
$2.33
$1.55
$2.22
$2.21
Diluted shares
111.38M
107.62M
91.27M
82.04M
80.49M
43.16M
42.54M
38.33M
36.22M
Operating margin
8.0%
9.0%
27.5%
18.9%
27.8%
40.2%
24.8%
26.8%
23.4%
Net margin
0.5%
14.7%
27.7%
41.1%
158.2%
24.1%
15.4%
16.8%
14.2%
Balance sheet
fiscal years · USD
Fiscal year
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$200.40M
$283.00M
$82.10M
$372.90M
$252.10M
$121.20M
$147.60M
$98.50M
$124.40M
Goodwill
$308.50M
$274.60M
$112.80M
$20.30M
$20.30M
$20.30M
—
—
—
Total assets
—
$1.55B
$1.42B
$1.38B
$714.80M
$518.70M
$611.40M
$703.20M
$677.00M
Long-term debt
—
$393.30M
$568.80M
$400.00M
$400.00M
$275.00M
$275.00M
$275.00M
$200.00M
Total debt
—
$393.30M
$568.80M
$400.00M
$400.00M
$275.00M
$275.00M
$275.00M
$200.00M
Total liabilities
—
$1.38B
$1.22B
$994.80M
$732.40M
$540.30M
$561.90M
$616.10M
$593.00M
Shareholders' equity
$127.30M
$134.20M
$114.50M
$384.40M
-$17.60M
-$21.60M
$40.20M
—
—
Cash flow
fiscal years · USD
Fiscal year
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$139.70M
$195.10M
-$138.50M
$90.50M
-$11.50M
$116.80M
$68.30M
$55.80M
-$2.40M
Free cash flow
$139.70M
$195.10M
-$138.50M
$90.50M
-$11.50M
$116.80M
$68.30M
$55.80M
-$2.40M
Investing cash flow
$54.80M
$17.40M
$9.00M
$270.00M
$1.04B
-$13.00M
-$43.90M
-$50.10M
$15.70M
Financing cash flow
-$96.40M
-$67.40M
-$95.00M
-$77.40M
-$1.18B
-$233.70M
$1.80M
-$54.40M
$12.10M
Stock-based compensation
—
—
—
—
—
—
$100.00K
-$23.20M
-$47.70M
Depreciation & amortization
—
—
—
—
$22.10M
—
—
—
—
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$131.20M
$105.70M
$109.00M
$123.10M
$167.80M
$119.90M
$127.40M
$144.20M
$172.20M
$167.00M
$185.10M
$191.20M
Operating income
$35.60M
$22.90M
$20.60M
$27.00M
$65.00M
$31.90M
$16.20M
$26.60M
$57.40M
$41.90M
$32.40M
$50.50M
Interest expense
—
$5.00M
$5.30M
$4.70M
$4.40M
$4.80M
$5.30M
$4.60M
$7.00M
$3.40M
$3.60M
$3.30M
Pre-tax income
$34.90M
$21.80M
$17.10M
$28.40M
$58.40M
$32.10M
$23.60M
$34.40M
$53.10M
$37.60M
$38.80M
$52.50M
Income tax
$11.10M
$6.10M
$5.60M
$9.40M
$17.80M
$8.30M
$4.50M
$7.40M
$16.40M
$13.20M
$9.40M
$14.40M
Net income
$22.80M
$14.60M
$11.00M
$16.90M
$42.50M
$20.10M
$10.10M
$15.10M
$34.70M
$24.30M
$27.30M
$35.50M
EPS (basic)
$0.55
$0.37
$0.29
$0.46
$1.13
$0.54
$0.28
$0.42
$0.96
$0.68
$0.77
$1.00
EPS (diluted)
$0.54
$0.37
$0.29
$0.45
$1.12
$0.54
$0.28
$0.42
$0.96
$0.68
$0.76
$1.00
Diluted shares
—
39.73M
38.24M
37.79M
—
37.38M
35.93M
35.85M
—
35.76M
35.72M
35.62M
Operating margin
27.1%
21.7%
18.9%
21.9%
38.7%
26.6%
12.7%
18.4%
33.3%
25.1%
17.5%
26.4%
Net margin
17.4%
13.8%
10.1%
13.7%
25.3%
16.8%
7.9%
10.5%
20.2%
14.6%
14.7%
18.6%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$147.60M
$103.00M
$73.40M
$71.30M
$98.50M
$123.20M
$93.90M
$138.70M
$124.40M
$150.00M
$85.80M
$172.60M
Total assets
$611.40M
$544.90M
$533.10M
$555.20M
$703.20M
$677.30M
$672.30M
$751.40M
$677.00M
$715.40M
$856.90M
$899.10M
Long-term debt
$275.00M
—
—
—
$275.00M
—
—
—
$200.00M
—
—
—
Total debt
$275.00M
—
—
—
$275.00M
—
—
—
$200.00M
—
—
—
Total liabilities
$561.90M
$555.10M
$551.90M
$559.00M
$616.10M
$584.80M
$585.40M
$640.10M
$593.00M
$616.00M
$723.70M
$698.60M
Shareholders' equity
$40.20M
—
—
—
—
—
—
—
—
—
—
—
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$42.70M
-$40.40M
$45.70M
$69.60M
-$19.10M
-$48.80M
$61.60M
-$23.90M
$8.70M
-$44.90M
$26.00M
$57.30M
Free cash flow
$42.70M
-$40.40M
$45.70M
$69.60M
-$19.10M
-$48.80M
$61.60M
-$23.90M
$8.70M
-$44.90M
$26.00M
$57.30M
Investing cash flow
-$20.20M
-$1.40M
-$17.40M
-$29.50M
-$1.80M
$11.80M
-$2.70M
-$50.20M
$56.80M
-$4.20M
-$7.80M
-$12.70M
Financing cash flow
-$18.30M
-$2.60M
-$58.00M
-$42.40M
$48.60M
$61.60M
-$88.50M
$118.90M
-$79.90M
$74.60M
-$82.50M
$42.20M
Stock-based compensation
—
-$4.40M
-$5.90M
-$9.30M
-$3.60M
$300.00K
-$19.70M
-$16.30M
-$12.00M
-$16.10M
-$33.30M
-$19.40M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.