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Victory Capital Holdings, Inc. VCTR Total Operating Expenses

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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$5.44B+11.3%
Enterprise value$6.38B+12.1%
P/E14.3×-2.2×
P/S3.7×-1.8×

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 us-gaap:OperatingExpenses.

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 total operating expenses?
Victory Capital Holdings, Inc. (VCTR) reported total operating expenses of $228.8M in Q1 2026.
How has Victory Capital Holdings, Inc.'s total operating expenses changed year-over-year?
Victory Capital Holdings, Inc.'s total operating expenses increased by 80.6% year-over-year, from $126.69M to $228.8M.
What is the long-term trend for Victory Capital Holdings, Inc.'s total operating expenses?
Over 4 years (2021 to 2025), Victory Capital Holdings, Inc.'s total operating expenses has grown at a 12.5% compound annual growth rate (CAGR), from $516.42M to $827.71M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.