VRTS · XBRL financial data
Virtus Investment Partners financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (VRTS's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 604 | 979 | 886 | 845 | 907 | 853 |
| Total operating expenses | 461 | 654 | 689 | 694 | 724 | 684 |
| Operating income (loss) | 143 | 325 | 197 | 151 | 182 | 169 |
| Other income (expense) | 2 | 4 | (0) | (0) | 2 | 3 |
| Income tax expense (benefit) | 44 | 91 | 57 | 45 | 55 | 51 |
| Net income (loss) | 80 | 208 | — | — | — | — |
| Earnings per share, basic USD per share | 10.49 | 27.13 | 15.90 | 18.02 | 17.19 | 20.27 |
| Earnings per share, diluted USD per share | 10.02 | 26.01 | 15.50 | 17.71 | 16.89 | 19.97 |
| Weighted average shares, basic millions of shares | 8 | 8 | 7 | 7 | 7 | 7 |
| Weighted average shares, diluted millions of shares | 8 | 8 | 8 | 7 | 7 | 7 |
Balance sheet
CSVFiscal years (VRTS's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 340 | 586 | 589 | 341 | 400 | 478 |
| Property and equipment, net | 14 | 13 | 19 | 26 | 23 | 22 |
| Right-of-use asset | 17 | 37 | 65 | 63 | 57 | 75 |
| Goodwill | 290 | 338 | 349 | 397 | 397 | 397 |
| Total assets | 3,467 | 3,934 | 3,953 | 3,679 | 3,994 | 4,291 |
| Total liabilities | 2,630 | 2,959 | 3,016 | 2,705 | 2,986 | 3,253 |
| Retained earnings (accumulated deficit) | (135) | 61 | 130 | 207 | 268 | 341 |
| Total stockholders' equity | 711 | 828 | 817 | 864 | 897 | 934 |
| Total liabilities and equity | 3,467 | 3,934 | 3,953 | 3,679 | 3,994 | 4,291 |
| Common shares outstanding (cover page) millions of shares | 8 | 8 | 7 | 7 | 7 | 7 |
Cash flows
CSVFiscal years (VRTS's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 80 | 208 | — | — | — | — |
| Stock-based compensation | 21 | 26 | 24 | 27 | 33 | 24 |
| Depreciation and amortization | 39 | 51 | 64 | 68 | 69 | 64 |
| Net cash from operating activities | (226) | 666 | 133 | 237 | 2 | (67) |
| Purchases of property and equipment | 1 | 6 | 7 | 9 | 6 | 7 |
| Net cash from investing activities | 9 | (175) | (27) | (130) | (17) | (47) |
| Share repurchases | 33 | 57 | 90 | 45 | 45 | 60 |
| Dividends paid | 23 | 31 | 47 | 52 | 58 | 65 |
| Proceeds from long-term debt | 0 | — | — | — | — | — |
| Repayments of long-term debt | 79 | 13 | 13 | — | — | — |
| Net cash from financing activities | 235 | (244) | (102) | (356) | 75 | 191 |
| Net change in cash | 18 | 246 | 3 | (248) | 59 | 78 |
Compare with peers
SIC 6282 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6282 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Virtus Investment Partners | 287 | 201 | 57* | 6.6M | 10-QJun 30, 2026 |
| Acadian Asset Management | 86 | 185 | 26* | 35.5M | 10-QJun 30, 2026 |
| Ridgepost Capital | 37 | 81 | 24* | not reported | 10-QJun 30, 2026 |
| DigitalBridge Group | 508 | 509 | 87* | 187.5M | 10-QJun 30, 2026 |
| Cohen & Steers | 66 | 157 | 21* | 51.4M | 10-QSep 30, 2026 |
| GCM Grosvenor | 140 | 134 | 38* | not reported | 10-QJun 30, 2026 |
| Brookfield Oaktree Holdings | 255 | 91 | 48* | not reported | 10-QJun 30, 2026 |
| Artisan Partners Asset Management | 378 | 313 | 110* | not reported | 10-QSep 30, 2026 |
| Federated Hermes | 374 | 507 | 134* | not reported | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.