Victory Capital Q3 revenue rises 60.1% to $361.2 million; GAAP diluted EPS $1.11
Victory Capital reported third-quarter 2025 results on November 6, 2025, with revenue of $361.2 million, up 60.1% from a year earlier. The company attributes the higher revenue to higher average assets under management following its April 1, 2025 acquisition of Amundi US. GAAP diluted EPS was $1.11, down from $1.24 a year earlier, while adjusted net income with tax benefit per diluted share rose to $1.63 from $1.35.
Key points
- Revenue of $361.2 million, up 60.1% from $225.6 million a year earlier and up 2.8% from $351.2 million in the second quarter.
- GAAP net income of $96.5 million, up 17.8% from $82.0 million; GAAP operating margin of 38.2%, down from 53.3%.
- GAAP diluted EPS of $1.11 versus $1.24 a year earlier; adjusted net income with tax benefit per diluted share of $1.63 versus $1.35.
- Board approved a regular quarterly cash dividend of $0.49 per share, payable December 23, 2025, to holders of record on December 10, 2025.
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing 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 November 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.