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Victory Capital Holdings, Inc. (VCTR) Graph

VCTR Revenue Flow

Filed revenue amounts for 2026-04-01 to 2026-06-30. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

  • 2026-06-30: Revenue $435.36M; Operating expenses $241.61M; Income tax $47.85M; Net income $139.40M.
  • 2026-03-31: Revenue $387.99M; Operating expenses $228.80M; Income tax $35.72M; Net income $112.14M.
  • 2025-12-31: Revenue $374.12M*; Operating expenses $220.95M*; Income tax $28.85M*; Net income $112.81M*.
  • 2025-09-30: Revenue $361.19M; Operating expenses $223.07M; Income tax $32.73M; Net income $96.54M.

Product or service

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

VCTR revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Fund AdministrationAnd Distribution Fees$73.12MInvestmentManagement Fees$362.24MRevenue$435.36MOperating expenses$241.61MOperating income$193.75MPre-tax income$187.25MNet income$139.40M

Related Party Transactions By Related Party

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

VCTR revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Victory Funds$380.82MRevenue$435.36MOperating expenses$241.61MOperating income$193.75MPre-tax income$187.25MNet income$139.40M

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 3 month

Period endRevenueOperating expensesIncome taxNet income
2026-06-30$435.36M$241.61M$47.85M$139.40M
2026-03-31$387.99M$228.80M$35.72M$112.14M
2025-12-31$374.12M*$220.95M*$28.85M*$112.81M*
2025-09-30$361.19M$223.07M$32.73M$96.54M
2025-06-30$351.21M$257.00M$28.25M$58.73M
2025-03-31$219.60M$126.69M$18.43M$61.98M
2024-09-30$225.63M$105.27M$25.52M$81.98M
2024-06-30$219.62M$109.02M$21.52M$74.25M
2024-03-31$215.86M$131.05M$16.20M$55.69M
2023-09-30$209.69M$129.64M$13.91M$52.01M
2023-06-30$204.23M$116.70M$17.92M$56.67M
2023-03-31$201.32M$126.75M$12.60M$49.27M
2022-09-30$207.26M$108.62M$12.58M$72.76M
2022-06-30$216.01M$96.68M$25.79M$79.20M
2022-03-31$230.02M$128.48M$19.27M$71.27M
2021-09-30$226.29M$127.29M$18.18M$74.17M
2021-06-30$221.90M$126.64M$20.63M$69.27M
2021-03-31$212.95M$123.19M$17.66M$65.20M
2020-12-31$200.39M$122.70M(m)$54.90M
2020-09-30$188.66M$108.06M$17.03M$55.74M
2020-06-30$181.89M$116.07M$14.49M$44.72M
2020-03-31$204.42M$113.80M$16.82M$57.17M
2019-12-31$218.55M$154.36M(m)$37.59M
2019-09-30$214.98M$159.41M$8.06M$25.99M
2019-06-30$91.36M$68.64M$4.48M$14.38M
2019-03-31$87.48M$65.35M$4.81M$14.53M
2018-12-31$95.97M$70.21M(m)$13.91M
2018-09-30$108.08M$76.27M$6.56M$20.59M
2018-06-30$104.40M$74.72M$6.31M$18.68M
2018-03-31$104.96M$77.70M$3.56M$10.52M
2017-12-31$105.65M$78.72M(m)$11.21M
2017-09-30$102.39M$78.15M$5.13M$7.85M
2017-06-30$100.93M$81.50M$1.33M$2.35M
2017-03-31$100.66M$81.10M$2.87M$4.41M
2016-12-31$98.08M$91.51M(m)-$2.69M
2016-09-30$86.17M$82.05M(m)-$3.74M
2016-06-30$58.63M$51.30M(m)$449.00K
2016-03-31$55.00M$48.54M(m)-$89.00K

Revenue and expense 6 month

Period endRevenueOperating expensesIncome taxNet income
2026-06-30$823.35M$470.42M$83.57M$251.54M
2025-06-30$570.81M$383.69M$46.68M$120.71M
2024-06-30$435.48M$240.07M$37.72M$129.94M
2023-06-30$405.55M$243.46M$30.52M$105.94M
2022-06-30$446.02M$225.16M$45.06M$150.48M
2021-06-30$434.85M$249.83M$38.29M$134.47M
2020-06-30$386.31M$229.87M$31.31M$101.89M
2019-06-30$178.84M$133.99M$9.29M$28.91M
2018-06-30$209.36M$152.41M$9.87M$29.20M
2017-06-30$201.59M$162.59M$4.19M$6.77M

Revenue and expense 9 month

Period endRevenueOperating expensesIncome taxNet income
2025-09-30$932.01M$606.76M$79.41M$217.25M
2024-09-30$661.11M$345.34M$63.24M$211.93M
2023-09-30$615.23M$373.09M$44.44M$157.95M
2022-09-30$653.28M$333.78M$57.64M$223.24M
2021-09-30$661.14M$377.12M$56.47M$208.65M
2020-09-30$574.96M$337.93M$48.34M$157.63M
2019-09-30$393.82M$293.40M$17.34M$54.90M
2018-09-30$317.44M$228.68M$16.43M$49.79M
2017-09-30$303.98M$240.74M$9.32M$14.62M

Revenue and expense 12 month

Period endRevenueOperating expensesIncome taxNet income
2025-12-31$1.31B$827.71M$108.26M$330.06M
2024-12-31$893.48M$465.96M$84.89M$288.86M
2023-12-31$821.03M$492.57M$62.75M$213.16M
2022-12-31$854.80M$455.69M$74.52M$275.51M
2021-12-31$890.26M$516.42M$72.25M$278.39M
2020-12-31$775.35M$460.64M$66.02M$212.52M
2019-12-31$612.37M$447.75M$28.20M$92.49M
2018-12-31$413.41M$298.89M$21.21M$63.70M
2017-12-31$413.41M$319.46M$12.63M$25.83M
2016-12-31$297.88M$273.40M-$3.00M-$6.07M
2015-12-31$240.76M$207.54M$3.42M$3.80M

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