Virtus Investment Partners Q1 EPS falls to $1.05 as net outflows reach $8.4 billion
Virtus Investment Partners reported first-quarter 2026 diluted EPS of $1.05, down from $4.05 a year earlier, and revenue of $199.5 million, down 8%. Net income attributable to the company fell 75% to $7.1 million, weighed by $1.69 per share of investment losses and $0.62 per share of acquisition and integration costs, along with net outflows of $8.4 billion. The release contains results only and no guidance.
Key points
- Diluted EPS of $1.05 vs. $4.05 a year earlier and $5.17 in Q4 2025; adjusted diluted EPS of $5.38 vs. $6.38 a year earlier
- Revenue of $199.5 million, down 8% from $217.9 million; GAAP operating income of $15.4 million vs. $36.6 million
- Ending assets under management of $149.0 billion at March 31, 2026, down 11% from $167.5 billion; net flows of ($8.4) billion
- Closed majority investment in Keystone for $200 million on March 1, 2026; cash fell to $136.6 million from $386.5 million at December 31, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 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 01, 2026.
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.