Operating Income
Operating Income
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
Growth in operating income suggests that the core business is becoming more profitable and efficient.
Detailed definition
The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...
Peer comparison
This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.
Metric ID:
operating_incomeBusiness Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Real Assets Group | — | — | — | — | — | — | $150.65M | $131.97M |
| Secondaries Group | — | — | — | — | — | — | — | $54.63M |
| Other | $3.30M | $2.78M | $7.54M | $4.47M | $4.76M | $6.29M | — | $6.41M |
| Total | — | — | — | — | — | — | — | — |
Real Estate Group was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Income at Other Companies
Frequently Asked Questions
- What does operating income mean?
- The profit earned from core business activities, before accounting for interest and taxes.