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Reported August 5, 2026 · After market close

Revenue$435.4MBeat by $49.3M
EPS$2.21Beat by $0.42
Revenue estimate$386.1M
EPS estimate$1.79
“The second quarter was a landmark period for Victory Capital, reporting record revenue, Adjusted EBITDA, Adjusted EBITDA margin, and earnings per share. We also achieved record total client assets, supported by an all-time high in long-term quarterly gross sales. Notably, we achieved $4.2 billion in positive long-term net flows for the quarter and have positive long-term net flows year to date, through June 30. This reflects the strategic investments we have made, the momentum we have built across our distribution channels, and the strength of our operating platform.”
David C. Brown

Next report

Nov 5, 2026 (in a month)
Revenue estimate$405.7M
EPS estimate$1.98

Financials

Q2 2026

Income statement

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Revenue$435.4M+24.0%
Operating income$193.7M+106%
Net income$139.4M+137%
EPS (diluted)$1.68+147%

Balance sheet

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Cash & equivalents$70.1M-35.0%
Total debt$1.0B-0.2%
Total equity$2.4B-3.7%
Total assets$4.2B-1.7%

Cash flow

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Operating cash flow$135.4M—
CapEx$1.2M+39.1%
Free cash flow$134.2M—

Valuation & ratios

Valuation

as of 10/02/26
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Market cap$6.87B+60.7%
Enterprise value$7.82B+50.8%
P/E14.9×+0.4×
P/S4.4×+0.7×

Profitability

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Operating margin41.3%+0.6pp
Net margin29.6%+2.4pp
FCF margin36.2%+9.9pp

Returns & leverage

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Return on equity19%+3.5pp
Debt / equity0.4×0.0×

Segments

By product

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Investment Management Fees$362.2M+28.3%
Fund Administration And Distribution Fees$73.1M+6.1%
Performance Based Investment Fee$55.9M+220%
Fund Administration Fee$33.9M+4.9%
Fund Distribution Fee$24.3M+12.6%

FAQ

When did Victory Capital Holdings, Inc. report Q2 2026 earnings?
Victory Capital Holdings, Inc. (VCTR) reported Q2 2026 earnings on August 5, 2026 after market close.
What were Victory Capital Holdings, Inc.'s Q2 2026 revenue and EPS?
Victory Capital Holdings, Inc. reported revenue of $435.4M and eps of $2.21 for Q2 2026.
Did Victory Capital Holdings, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $386.1M by $49.3M. EPS beat the consensus estimate of $1.79 by $0.42.
How did Victory Capital Holdings, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 22.4% from $355.8M a year earlier and eps grew 40.8% from $1.57.
Where can I find Victory Capital Holdings, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-335319) and the 10-Q periodic report (0001193125-26-337010) directly on SEC EDGAR. The filing index links above go to sec.gov.