Victory Capital Q1 revenue up 1.7% to $219.6 million; GAAP EPS $0.96 vs $0.84
Victory Capital reported first-quarter 2025 results, with revenue of $219.6 million, up 1.7% from a year earlier but down from $232.4 million in the fourth quarter of 2024. GAAP diluted earnings were $0.96 per share, up from $0.84 a year earlier but down from $1.17 in the prior quarter, and the board raised the quarterly dividend to $0.49 per share.
Key points
- Revenue of $219.6 million, up 1.7% from $215.9 million a year earlier and down from $232.4 million in Q4 2024
- GAAP net income of $62.0 million, or $0.96 per diluted share, versus $0.84 in Q1 2024 and $1.17 in Q4 2024
- Adjusted net income with tax benefit of $88.1 million, or $1.36 per diluted share, versus $1.25 a year earlier
- Quarterly cash dividend raised to $0.49 per share, payable June 25, 2025, to holders of record on June 10, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.