Victory Capital Holdings, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY January 1, 2022 |
|---|---|---|---|---|---|
| Revenue | $1.3B | $893.5M | $821.0M | $854.8M | — |
| Operating income | $478.4M | $427.5M | $328.5M | $399.1M | — |
| Operating expenses | $827.7M | $466.0M | $492.6M | $455.7M | — |
| Cash from operations | $385.5M | $340.0M | $330.3M | $335.2M | — |
| Capital expenditure | $4.2M | $1.3M | $5.2M | $5.2M | — |
| Free cash flow | $381.3M | $338.7M | $325.1M | $330.0M | — |
| Share repurchases | $195.6M | $103.6M | $139.3M | $101.2M | — |
| Impairments | $0 | $0 | $0 | $0 | — |
| Total assets | $4.2B | $2.5B | $2.5B | $2.5B | $2.6B |
| Total liabilities | $1.8B | $1.4B | $1.5B | $1.5B | $1.7B |
Shares outstanding 62.5M · Free float 76.7%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.