Quarterly ResultMay 6, 2026, 04:39 PM
Victory Capital Reports Record Q1 Results; Raises Dividend to $0.50
AI Summary
Victory Capital Holdings, Inc. reported record financial results for the first quarter ended March 31, 2026, including record revenue, Adjusted EBITDA, and earnings per share. The company's Board of Directors authorized an increase in the regular quarterly cash dividend to $0.50 per share. Additionally, Victory Capital repurchased a record 2 million shares of common stock, returning a total of $185 million to shareholders during the quarter. Total client assets reached $313.1 billion, with long-term gross flows of $18.9 billion.
Key Highlights
- Reported record revenue of $388.0 million, up 76.7% year-over-year.
- Achieved record GAAP net income per diluted share of $1.33, up 38.5% year-over-year.
- Delivered record Adjusted EBITDA of $204.0 million, an increase of 75.3% year-over-year.
- Board authorized an increase in the regular quarterly cash dividend to $0.50 per share.
- Repurchased a quarterly record of 2 million shares of VCTR common stock.
- Total client assets stood at $313.1 billion as of March 31, 2026.
- Long-term gross flows were $18.9 billion, with net outflows of $457 million.
- 71% of AUM outperformed benchmarks over the 1-year period as of March 31, 2026.