Victory Capital's second-quarter revenue rose 24.0% to $435.4M, and net income attributable to the parent more than doubled to $139.4M, which includes a $2.0M loss on debt extinguishment.

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 8, 2025 · ~1 min read

Key Changes

• high

  Total revenue increased 24.0% to $435.4M in the second quarter, with investment management fees up 28.3% to $362.2M.

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• medium

  The company refinanced its term loans in May 2026, reducing the interest rate margin to SOFR plus a margin of 1.75% and extending the maturity, resulting in a $2.0M loss on debt extinguishment.

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• medium

  Distribution and other asset-based expenses rose 10.6% to $68.6M in the quarter and rose 39.5% to $136.0M for the six months; $31.9M of the $38.5M increase came before the quarter.

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