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Victory Capital Holdings, Inc. VCTR Investment Management Fees Receivable

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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

Reported directly by Victory Capital Holdings, Inc. in its filing.

Tagged under the XBRL concept vctr:InvestmentManagementFeesReceivable.

The official record: Victory Capital Holdings, Inc.’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Victory Capital Holdings, Inc.'s investment management fees receivable?
Victory Capital Holdings, Inc. (VCTR) reported investment management fees receivable of $150.51M in Q4 2025.
How has Victory Capital Holdings, Inc.'s investment management fees receivable changed year-over-year?
Victory Capital Holdings, Inc.'s investment management fees receivable increased by 80.7% year-over-year, from $83.31M to $150.51M.
What is the long-term trend for Victory Capital Holdings, Inc.'s investment management fees receivable?
Over 5 years (2020 to 2025), Victory Capital Holdings, Inc.'s investment management fees receivable has grown at a 17.2% compound annual growth rate (CAGR), from $67.96M to $150.51M.
What does investment management fees receivable mean?
This represents the portion of earned investment management fees that are due from clients but have not yet been collected, classified as a non-current asset. It reflects the firm's long-term contractual claim on revenue generated from managing client assets. Monitoring this balance helps assess the collectability of long-term fee arrangements and the firm's credit risk exposure to institutional and intermediary clients.