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Discontinued — last reported Q1 '26

Net debt at other companies

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2.8×+1.1×
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0.6×-0.3×
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0.2×0.0×
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-16.8×-21.3×

Other financials

Income statement

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Revenue$388.0M+76.7%
Operating income$159.2M+71.3%
Net income$112.1M+80.9%
EPS (diluted)$1.33+38.5%

Balance sheet

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Cash & equivalents$75.8M-56.8%
Total debt$1.0B+2.7%
Total equity$2.4B+106%
Total assets$4.1B+60.3%

Cash flow

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Operating cash flow$121.0M+49.2%
CapEx$849.0K-46.6%
Free cash flow$120.1M+51.1%

Valuation

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Market cap$5.39B+11.3%

Profitability

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Operating margin36.9%-11.6pp
Net margin25.8%-7.1pp
FCF margin29.1%-9.9pp

Returns & leverage

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Return on equity21.7%-4.9pp
Debt / equity0.4×-0.4×

Where this comes from

Calculated from Victory Capital Holdings, Inc.’s reported figures.

The official record: Victory Capital Holdings, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Victory Capital Holdings, Inc.'s net debt?
Victory Capital Holdings, Inc. (VCTR) reported net debt of $935.95M in Q1 2026.
How has Victory Capital Holdings, Inc.'s net debt changed year-over-year?
Victory Capital Holdings, Inc.'s net debt increased by 15.7% year-over-year, from $809.26M to $935.95M.
What is the long-term trend for Victory Capital Holdings, Inc.'s net debt?
Over 5 years (2020 to 2025), Victory Capital Holdings, Inc.'s net debt has grown at a 2.7% compound annual growth rate (CAGR), from $746.27M to $851.93M.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.