Victory Capital Holdings Reports Q3 Net Income of $1.11 Per Share on $313 Billion Client Assets
Victory Capital Holdings Inc. reported total client assets of $313.0 billion for the third quarter of 2025. Long-term gross flows were $17.0 billion, with long-term net flows of negative $244.0 million. The company reported a GAAP operating margin of 38.2% and GAAP net income per diluted share of $1.11. Adjusted EBITDA margin was 52.7%, and adjusted net income with tax benefit per diluted share was $1.63. The board authorized a regular quarterly cash dividend of $0.49 per share. The period included the integration of Pioneer Investments and the closure of three investment franchises.
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