Every material Form 8-K SEI Investments has filed with the SEC since May 30, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
SEI reported third-quarter 2026 revenue of $662.0 million, up 14% from a year earlier, with GAAP diluted EPS of $1.38 versus $1.30 and adjusted diluted EPS of $1.64 versus $1.32. Results include a $32.5 million one-time charge tied to the termination agreement with Stratos. The board also approved an additional $800 million for the stock repurchase program, bringing available authorization to approximately $925.6 million.
Revenue of $662.0 million, up 14% from $578.5 million in Q3 2025; GAAP operating income of $198.0 million, up 24%
GAAP diluted EPS of $1.38 versus $1.30; adjusted diluted EPS of $1.64 versus $1.32
$32.5 million one-time charge associated with the Stratos termination agreement to purchase NSC, a Mexican subsidiary
On October 20, 2026, the board approved an additional $800 million repurchase authorization, for approximately $925.6 million available
SEI Investments reported second-quarter 2026 revenue of $641.6 million, up 15% from a year earlier, and operating income of $197.0 million, up 33%. GAAP diluted earnings per share fell 11% to $1.59 because the prior-year quarter included a $94.4 million gain on the sale of a business, while adjusted diluted EPS rose 38% to $1.66.
Revenue was $641.6 million versus $559.6 million a year earlier; income from operations was $197.0 million versus $148.6 million.
GAAP diluted EPS was $1.59 versus $1.78, down 11%; the prior-year quarter included a $94.4 million gain on the sale of Family Office Services.
Adjusted diluted EPS, a non-GAAP measure, was $1.66 versus $1.20, up 38%.
The company repurchased 1.3 million shares for $112.4 million and reported ending assets under management of $606.7 billion, up 9.5%.
SEI Investments reported first-quarter 2026 results with revenue of $622.2 million, up 13% from a year earlier, and diluted earnings per share of $1.40, up 20% from $1.17. Operating margin widened to 30% from 28%, and the company repurchased 2.6 million shares for $208.3 million during the quarter.
Revenue $622.2 million vs. $551.3 million in Q1 2025, up 13%
Diluted EPS $1.40 vs. $1.17; adjusted diluted EPS $1.44 vs. $1.19 (non-GAAP)
Net sales events totaled $67.2 million, a record level per the company, with $57.1 million recurring
Share repurchases of 2.6 million shares for $208.3 million at an average price of $81.55
SEI Investments reported fourth-quarter 2025 revenue of $607.9 million, up 9% from a year earlier, and diluted earnings per share of $1.38, up 16%. Results included about $0.08 of EPS reduction from $20.1 million of severance and M&A fees tied to the Stratos acquisition, which was completed in the quarter for $440.8 million in cash.
Q4 2025 operating income was $161.6 million, up 11%, and operating margin was 27%.
Full-year 2025 revenue was $2.30 billion, up 8%, and diluted EPS was $5.63, up 28% from $4.41.
SEI repurchased 1.2 million shares for $101.0 million in Q4 2025, bringing 2025 repurchases to 7.5 million shares.
Fourth-quarter net sales events totaled $43.6 million, and full-year net sales events reached $149.9 million.
SEI Investments signed a new employment agreement with CEO Ryan Hicke dated January 13, 2026, replacing his prior agreement, which was set to expire June 1, 2026. The new term runs to June 1, 2031, with an initial $900,000 base salary and a $2,700,000 target cash bonus. The filing also sets out severance terms, including enhanced benefits if he leaves for good reason within 24 months after a change in control.
Initial annual base salary of $900,000, which can be increased but not decreased during the term
Initial annual target cash bonus of $2,700,000, based on individual and/or company performance
Term runs until June 1, 2031; prior agreement was set to expire June 1, 2026
Severance on termination without cause: 1.5 times base salary and 1.5 times annual bonus, paid over 18 months
Founder Alfred P. West, Jr. resigned as a director and officer of SEI Investments effective January 1, 2026, and will serve as non-voting Chairman Emeritus. Independent director Carl Guarino will become non-executive Chairman, and the board will shrink from nine members to eight. West said his resignation was not due to a disagreement with the company, and the board also declared a $0.52 per share dividend.
West tendered his resignation on December 12, 2025, effective January 1, 2026, and said it was not due to a disagreement on operations, policies or practices.
Carl Guarino, an independent director since 2014, was appointed non-executive Chairman effective upon West's resignation.
The board size will be reduced from nine members to eight, also effective upon West's resignation.
The board declared a $0.52 per share cash dividend on December 12, 2025, with a record date of December 29, 2025 and a payment date of January 12, 2026.
SEI Investments reported third-quarter 2025 revenue of $578.5 million, up 8% from a year earlier, and operating income of $160.0 million, up 11%. Diluted earnings per share rose 9% to $1.30, and operating margin reached 28%, which shareholders may view as evidence of improving profitability.
Q3 2025 revenue was $578.5 million, up from $537.4 million in Q3 2024.
Diluted EPS was $1.30 versus $1.19 a year earlier; the company said the net impact of one-time items on EPS was negligible.
SEI repurchased 1.6 million shares for $141.6 million in Q3 2025 at an average price of $90.02 per share.
Q3 included $0.02 per share of M&A expenses tied to the planned acquisition of Stratos.
On August 18, 2025, SEI Investments Company entered into a five-year senior unsecured revolving credit facility of $500 million, expiring in August 2030, which replaces its $325 million credit facility scheduled to expire in April 2026. The facility includes covenants limiting mergers, asset sales, additional debt and, in a default, dividends and share repurchases, and it can be increased by up to $250 million under certain conditions.
Facility size: $500 million aggregate principal, with a possible increase of $250 million under certain conditions
Maturity: August 2030; replaces the $325 million facility due April 2026
Pricing depends on the Leverage Ratio: Term SOFR plus 125 to 225 basis points, and quarterly unused fees of 15 to 35 basis points
Financial covenant: Leverage Ratio of not more than 3.00 to 1.00, with an option to increase to 3.50 to 1.00 for limited periods
SEI reported second-quarter 2025 results with revenue of $559.6 million, up 8% from a year earlier, and operating income of $148.6 million, up 9%. Diluted EPS rose 70% to $1.78, but the company said the quarter included a $0.58 per-share benefit from items affecting comparability, mainly a $94.4 million gain on the sale of its Family Office Services business.
Revenue $559.6 million vs. $519.0 million in Q2 2024; operating income $148.6 million vs. $136.5 million
Diluted EPS $1.78 vs. $1.05; EPS benefited by $0.58 from items affecting comparability
Operating margin 27%, up from 26% a year earlier but down from Q1 2025, which the company attributed to investments in talent and technology
Repurchased 2.2 million shares for $180.8 million in Q2 2025 at an average price of $83.60
SEI Investments Company appointed Thomas C. Naratil and Karin A. Risi to its Board of Directors on July 22, 2025, effective immediately, and set the board at nine members. Director Stephanie D. Miller's resignation, accepted by the board on July 21, 2025, was not due to a disagreement with the company on its operations, policies or practices.
Stephanie D. Miller tendered her resignation on July 16, 2025; the board accepted it on July 21, 2025.
Naratil and Risi were elected to the board on July 22, 2025, and will serve in classes whose terms expire at the 2026 and 2028 annual meetings, respectively.
Each new director was granted 2,076 restricted stock units under the 2024 Omnibus Equity Compensation Plan, vesting in equal annual installments over three years.
Naratil joins the Audit and Legal and Regulatory Oversight committees; Risi joins the Compensation and Nominating and Governance committees.
SEI Investments reported first-quarter 2025 results on April 23, 2025. Revenue rose 8% to $551.3 million, operating income rose 25% to $157.1 million, and diluted earnings per share rose 18% to $1.17 from $0.99 a year earlier. The company also repurchased 2.5 million shares for $192.8 million during the quarter.
Revenue of $551.3 million, up 8% from $511.6 million in the first quarter of 2024
Operating income of $157.1 million, up 25%; operating margin of 28%, compared with 25% a year earlier
Net income of $151.5 million, up 15%; share repurchases of $192.8 million at an average price of $77.10 per share
The Family Office Services business, with $14.8 billion of client assets under administration, is to be divested in the second quarter of 2025
SEI Investments said Executive Vice President Sean Denham, its Chief Financial Officer, will take on the added role of Chief Operating Officer, effective immediately. His expanded remit adds information technology, operations and human resources to his existing finance responsibilities.
Sean J. Denham, currently Chief Financial Officer, becomes Chief Financial and Chief Operating Officer (CFO/COO) effective February 25, 2025.
Denham will oversee information technology, operations and human resources, in addition to finance and accounting.
The company said the change supports its strategy for growth and its focus on return on invested capital, per CEO Ryan Hicke.
The filing does not disclose changes to Denham's compensation.
SEI Investments reported fourth-quarter 2024 results on January 29, 2025, with revenue of $557.2 million, up 15% from a year earlier, and diluted EPS of $1.19, up 31%. Operating income rose 43% to $145.5 million, and operating margin reached 26%. The company also repurchased 3.1 million shares for $259.5 million in the quarter, while ending assets under management declined 3% from the prior quarter.
Q4 2024 revenue was $557.2 million, up 15% from $484.9 million in Q4 2023.
Diluted EPS was $1.19 versus $0.91 a year earlier; full-year 2024 diluted EPS was $4.41 versus $3.46.
Net income for Q4 2024 was $155.8 million, up 29% from $120.7 million.
SEI repurchased 3.1 million shares for $259.5 million at an average price of $83.43 per share in Q4 2024.
SEI reported third-quarter 2024 revenue of $537.4 million, up 13% from a year earlier, and diluted earnings per share of $1.19, up from $0.87. Results included a one-time $8.2 million gain on a New York property sale and an approximately $5.3 million LSV performance fee. On October 22, 2024, the board raised the stock repurchase authorization by $400 million to approximately $429 million, which includes $29 million remaining under the prior authorization.
Revenue of $537.4 million, up 13% from $476.8 million; operating margin of 26.8% versus 22.8%.
Diluted EPS of $1.19 versus $0.87; the $8.2 million property gain added $0.05 per share.
Net sales events of $46.4 million, the highest level for any single quarter in company history.
Board approved an additional $400 million repurchase authority on October 22, 2024; SEI bought back 1.3 million shares for $85.8 million in the quarter.
SEI Investments reported second-quarter 2024 revenue of $519.0 million, up 6% from a year earlier, and net income of $139.1 million, up 17%. Diluted earnings per share rose 18% to $1.05, and income from operations rose 21% to $136.5 million, all of which point to stronger profitability for shareholders.
Diluted EPS was $1.05 for the quarter ended June 30, 2024, compared with $0.89 a year earlier.
Revenue was $519.0 million, compared with $489.1 million in second-quarter 2023.
Net income was $139.1 million, compared with $118.9 million, an increase of 17%.
The company repurchased 1.6 million shares for $111.2 million at an average price of $67.44 per share.
At its May 29, 2024 annual meeting, SEI shareholders approved the 2024 Omnibus Equity Compensation Plan, which took effect on approval, and elected three directors. The same day, the board declared a semi-annual cash dividend of $0.46 per share, and the company disclosed its Executive Severance and Change of Control Plan, which sets cash and equity payments for executives whose employment ends under specified conditions.
Shareholders approved the 2024 Omnibus Equity Compensation Plan with 84,926,107 votes for and 18,392,780 against
Semi-annual dividend of $0.46 per share: record date June 10, 2024, payment date June 18, 2024
Severance plan provides a cash payment of 1.5 times the sum of annual base salary and target bonus, plus pro-rata target bonus, on a qualifying termination during a change of control period
Advisory say-on-pay vote approved by 61.8% of votes cast; KPMG LLP ratified as 2024 auditor with 99.5% of votes cast
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