Victory Capital Holdings, Inc. (VCTR)

Victory Capital Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,029	893.48	821.03	854.8	890.27	775.35
Revenue Growth (YoY)	20.90%	8.82%	-3.95%	-3.98%	14.82%	26.61%
Cost of Revenue	440.47	377.36	365.05	388.84	409.31	371.66
Gross Profit	588.35	516.12	455.97	465.96	480.95	403.69
Selling, General & Admin	66.01	56.69	56.29	52.37	53.72	43.14
Operating Expenses	110.26	86.87	97.93	95.57	72.56	59.52
Operating Income	478.09	429.25	358.04	370.39	408.39	344.18
Interest Expense	-57.09	-63.39	-60.74	-43.51	-24.28	-36.45
Interest & Investment Income	1.59	-	-	-	5.07	4.06
Earnings From Equity Investments	-	-	-	-0.83	-0.33	-0.19
Other Non Operating Income (Expenses)	10	9.98	8.19	-2.05	0.89	-0.73
EBT Excluding Unusual Items	432.59	375.84	305.49	324	389.73	310.86
Merger & Restructuring Charges	-55.67	0.96	-6.35	-11.88	-20.75	-10.08
Gain (Loss) on Sale of Investments	0.02	0.02	0	-0.04	0.05	0.02
Other Unusual Items	-3.46	-3.06	-23.24	37.95	-18.4	-22.25
Pretax Income	373.48	373.76	275.91	350.03	350.64	278.54
Income Tax Expense	93.85	84.89	62.75	74.52	72.25	66.02
Net Income	279.63	288.86	213.16	275.51	278.39	212.52
Net Income to Common	264.62	288.86	213.16	275.51	278.39	212.52
Net Income Growth	17.91%	35.52%	-22.63%	-1.03%	30.99%	129.78%
Shares Outstanding (Basic)	65	65	66	68	68	68
Shares Outstanding (Diluted)	66	66	68	72	74	74
Shares Change (YoY)	-0.92%	-3.35%	-5.61%	-2.54%	0.59%	0.34%
EPS (Basic)	4.07	4.47	3.22	4.02	4.10	3.14
EPS (Diluted)	4.00	4.38	3.12	3.81	3.75	2.88
EPS Growth	12.49%	40.38%	-18.11%	1.60%	30.21%	128.57%
Free Cash Flow	263.06	338.7	325.12	329.97	363.52	242.56
Free Cash Flow Per Share	3.98	5.14	4.77	4.57	4.90	3.29
Dividend Per Share	1.810	1.555	1.280	1.000	0.530	0.230
Dividend Growth	34.57%	21.48%	28.00%	88.68%	130.44%	130.00%
Gross Margin	57.19%	57.77%	55.54%	54.51%	54.02%	52.07%
Operating Margin	46.47%	48.04%	43.61%	43.33%	45.87%	44.39%
Profit Margin	25.72%	32.33%	25.96%	32.23%	31.27%	27.41%
Free Cash Flow Margin	25.57%	37.91%	39.60%	38.60%	40.83%	31.28%
EBITDA	522.34	459.43	399.69	413.59	427.23	360.56
EBITDA Margin	50.77%	51.42%	48.68%	48.38%	47.99%	46.50%
D&A For EBITDA	44.25	30.18	41.65	43.2	18.84	16.38
EBIT	478.09	429.25	358.04	370.39	408.39	344.18
EBIT Margin	46.47%	48.04%	43.61%	43.33%	45.87%	44.39%
Effective Tax Rate	25.13%	22.71%	22.74%	21.29%	20.61%	23.70%
Revenue as Reported	1,029	893.48	821.03	854.8	890.27	775.35

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q