# Victory Capital Holdings, Inc.: overview

VCTR · Nasdaq · CIK 1570827 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/vctr.md) · [Financials](/companies/vctr/financials.md) · [Filings](/companies/vctr/filings.md) · [Insiders](/companies/vctr/insiders.md)

Latest reported revenue: [$435.4m](/filings/0001193125-26-337010.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-337010).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [226](/filings/0001193125-25-271198.md) | [232 d](/filings/0001193125-26-077057.md) | [220](/filings/0001193125-26-210575.md) | [351](/filings/0001193125-26-337010.md) | [361](/filings/0001193125-25-271198.md) | [374 d](/filings/0001193125-26-077057.md) | [388](/filings/0001193125-26-210575.md) | [435](/filings/0001193125-26-337010.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [53.3%](/filings/0001193125-25-271198.md) | [48.1% d](/filings/0001193125-26-077057.md) | [42.3%](/filings/0001193125-26-210575.md) | [26.8%](/filings/0001193125-26-337010.md) | [38.2%](/filings/0001193125-25-271198.md) | [40.9% d](/filings/0001193125-26-077057.md) | [41.0%](/filings/0001193125-26-210575.md) | [44.5%](/filings/0001193125-26-337010.md) |
| Net margin | % | [36.3%](/filings/0001193125-25-271198.md) | [33.1% d](/filings/0001193125-26-077057.md) | [28.2%](/filings/0001193125-26-337010.md) | [16.7%](/filings/0001193125-26-337010.md) | [26.7%](/filings/0001193125-25-271198.md) | [30.2% d](/filings/0001193125-26-077057.md) | [28.9%](/filings/0001193125-26-337010.md) | [32.0%](/filings/0001193125-26-337010.md) |
| Diluted EPS | $ per share | [1.24](/filings/0001193125-25-271198.md) | not reported | [0.96](/filings/0001193125-26-210575.md) | [0.68](/filings/0001193125-26-337010.md) | [1.11](/filings/0001193125-25-271198.md) | not reported | [1.33](/filings/0001193125-26-210575.md) | [1.68](/filings/0001193125-26-337010.md) |
| Free cash flow | $m | [99.4 d](/filings/0001193125-25-271198.md) | [91.7 d](/filings/0001193125-26-077057.md) | [79.5](/filings/0001193125-26-210575.md) | [(7.5) d](/filings/0001193125-26-337010.md) | [165 d](/filings/0001193125-25-271198.md) | [144 d](/filings/0001193125-26-077057.md) | [120](/filings/0001193125-26-210575.md) | [134 d](/filings/0001193125-26-337010.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [890](/filings/0000950170-24-022869.md) | [855](/filings/0000950170-25-029770.md) | [821](/filings/0001193125-26-077057.md) | [893](/filings/0001193125-26-077057.md) | [1,306](/filings/0001193125-26-077057.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [42.0%](/filings/0000950170-24-022869.md) | [46.7%](/filings/0000950170-25-029770.md) | [40.0%](/filings/0001193125-26-077057.md) | [47.8%](/filings/0001193125-26-077057.md) | [36.6%](/filings/0001193125-26-077057.md) |
| Net margin | % | [31.3%](/filings/0000950170-24-022869.md) | [32.2%](/filings/0000950170-25-029770.md) | [26.0%](/filings/0001193125-26-077057.md) | [32.3%](/filings/0001193125-26-077057.md) | [25.3%](/filings/0001193125-26-077057.md) |
| Diluted EPS | $ per share | [3.75](/filings/0000950170-24-022869.md) | [3.81](/filings/0000950170-25-029770.md) | [3.12](/filings/0001193125-26-077057.md) | [4.38](/filings/0001193125-26-077057.md) | [4.08](/filings/0001193125-26-077057.md) |
| Free cash flow | $m | [364](/filings/0000950170-24-022869.md) | [330](/filings/0000950170-25-029770.md) | [325](/filings/0001193125-26-077057.md) | [339](/filings/0001193125-26-077057.md) | [381](/filings/0001193125-26-077057.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/vctr/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $585.2m | 6,961,189 |  | Reduced −5,785 |
| [Bahl & Gaynor LLC](/funds/872259.md) | 2026-06-30 | $255.9m | 3,044,278 |  | Added +340,047 |
| [Amundi](/funds/1330387.md) | 2026-06-30 | $248.8m | 2,960,024 |  | Reduced −94,900 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $185.3m | 2,204,819 |  | Reduced −39,706 |
| [Crestview Partners II GP, L.P.](/funds/1505639.md) | 2026-06-30 | $167.8m | 1,995,847 |  | Reduced −2,099,576 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $165.8m | 1,972,454 |  | Reduced −15,095 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $164.0m | 1,951,467 |  | Reduced −466,197 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $159.1m | 1,893,368 |  | Added +149,903 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $158.9m | 1,890,321 |  | Added +45,918 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $100.7m | 1,197,499 |  | Added +30,510 |

## Recent filings

[All 795 filings](/companies/vctr/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-13 | 10:57 ET | [8-K](/filings/0001193125-26-419967.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-419967 |
| 2026-09-11 | 09:25 ET | [8-K](/filings/0001193125-26-388709.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-388709 |
| 2026-08-31 | 16:50 ET | [8-K](/filings/0001104659-26-103936.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001104659-26-103936 |
| 2026-08-26 | 16:30 ET | [8-K](/filings/0001104659-26-101533.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-101533 |
| 2026-08-12 | 10:43 ET | [8-K](/filings/0001193125-26-346020.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-346020 |
| 2026-08-06 | 09:27 ET | [10-Q](/filings/0001193125-26-337010.md) | Quarterly report, period 2026-06-30 | 0001193125-26-337010 |
| 2026-08-05 | 16:41 ET | [8-K](/filings/0001193125-26-335319.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-335319 |
| 2026-07-23 | 16:59 ET | [8-K](/filings/0001193125-26-314260.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-314260 |
| 2026-07-13 | 08:28 ET | [8-K](/filings/0001193125-26-301512.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-301512 |
| 2026-06-09 | 08:22 ET | [8-K](/filings/0001193125-26-263039.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-263039 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-077057.md), filed Feb 26, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/e7efad09-8ee4-4e2c-a143-ec29d6f7b321)

## About the filer

- CIK: 1570827
- Tickers: VCTR
- Exchange: Nasdaq
- SIC code: 6282 Investment Advice
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 06:06 ET. No prices; not investment advice.