Invesco Ltd. reported its financial results for the third quarter ended September 30, 2025. Sales for the period were $1,640.4 million, up 8.2% from $1,515.5 million in the previous quarter and $1,515.4 million in the same quarter last year. Operating income was $270.9 million, a 26.5% increase from $214.2 million in the second quarter and a 169.6% increase from $100.5 million in the third quarter of 2024. Operating margin for the quarter was 16.5%. Net income attributable to Invesco Ltd. was $301.3 million, compared to a loss of $12.5 million in the previous quarter and $55 million in the same quarter last year. Adjusted net revenues were $1,186.3 million, a 7.4% increase from both the previous quarter and the third quarter of 2024. Adjusted operating income was $406.1 million, up 17.9% from $344.4 million in the second quarter and 16.4% from $348.8 million in the third quarter of 2024. Adjusted operating margin was 34.2%. Assets under management at the end of the quarter totaled $2,124.8 billion, a 6.2% increase from $2,001.4 billion in the prior quarter and an 18.3% increase from $1,795.6 billion a year earlier. Net long-term inflows for the quarter were $28.9 billion, compared to $15.6 billion in the previous quarter. The company repaid $260 million of bank term loans during the quarter and repurchased 1.2 million common shares for $25 million. Headcount at quarter-end was 8,368, compared to 8,407 in the previous quarter and 8,524 in the same period last year.