Victory Capital Holdings, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
VCTR$126.80+6.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except per share amounts)
| December 31, | ||||
|---|---|---|---|---|
| 2025 · 2024 | ||||
| Assets | ||||
| Cash and cash equivalents | $ | 163,690 | $ | 126,731 |
| Investment management fees receivable | 150,512 | 83,307 | ||
| Fund administration and distribution fees receivable | 25,861 | 16,014 | ||
| Other receivables | 4,768 | 1,346 | ||
| Prepaid expenses | 16,071 | 8,634 | ||
| Investments in proprietary funds, at fair value | 636 | 605 | ||
| Deferred compensation plan investments, at fair value | 98,758 | 34,608 | ||
| Property and equipment, net | 23,833 | 11,874 | ||
| Goodwill | 1,235,940 | 981,805 | ||
| Other intangible assets, net | 2,477,617 | 1,260,614 | ||
| Other assets | 50,164 | 22,053 | ||
| Total assets | $ | 4,247,850 | $ | 2,547,591 |
| Liabilities and stockholders' equity | ||||
| Accounts payable and accrued expenses | $ | 72,387 | $ | 57,951 |
| Accrued compensation and benefits | 86,355 | 51,648 | ||
| Consideration payable for acquisition of business | 87,564 | 139,894 | ||
| Deferred compensation plan liability | 80,636 | 34,608 | ||
| Deferred tax liability, net | 479,792 | 157,120 | ||
| Other liabilities | 46,373 | 20,871 | ||
| Long-term debt, net | 970,014 | 963,862 | ||
| Total liabilities | 1,823,121 | 1,425,954 | ||
| Commitments and contingencies (Note 21) | ||||
| Stockholders' equity | ||||
| Common stock, $0.01 par value per share: 2025 - 600,000 shares authorized, 87,867 shares issued and 64,150 shares outstanding; 2024 - 600,000 shares authorized, 83,948 shares issued and 63,653 shares outstanding | 879 | 839 | ||
| Preferred stock, $0.01 par value per share: 2025 - 100,000 shares authorized, 19,937 shares issued and outstanding; 2024 - 100,000 shares authorized, no shares issued and outstanding | 199 | — | ||
| Additional paid-in capital | 2,102,938 | 752,371 | ||
| Treasury stock, at cost: 2025 - 23,717 shares; 2024 - 20,295 shares | (786,008) | (574,856) | ||
| Accumulated other comprehensive income | 9,020 | 18,683 | ||
| Retained earnings | 1,097,701 | 924,600 | ||
| Total stockholders' equity | 2,424,729 | 1,121,637 | ||
| Total liabilities and stockholders' equity | $ | 4,247,850 | $ | 2,547,591 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.