Growth Metrics

Acadian Asset Management (AAMI) Operating Expenses (2018 - 2026)

Acadian Asset Management (AAMI) reported Operating Expenses of $125.1 million for Q1 2026, up 42.16% year-over-year from $88.0 million in Q1 2025, and up 8.97% on a QoQ basis from $114.8 million in Q4 2025.

Acadian Asset Management (AAMI) has 9 years of Operating Expenses data on file, last reported at $125.1 million in Q1 2026.

  • Quarterly Operating Expenses rose 42.16% year-over-year to $125.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $468.7 million (up 24.89% YoY) and the FY2025 annual result came in at $431.6 million, up 16.62% from the prior year.
  • Operating Expenses rose to $125.1 million in Q1 2026 per AAMI's latest filing, from $114.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $125.1 million in Q1 2026 and bottomed at $48.8 million in Q2 2022.
  • The 5-year median for Operating Expenses is $88.0 million (2025), against an average of $88.0 million.
  • The widest annual swing landed in 2022, when Operating Expenses sank 49.79%; it then surged 55.53% in 2023.
  • Tracing AAMI's Operating Expenses over 5 years: stood at $74.8 million in 2022, then advanced by 27.81% to $95.6 million in 2023, then advanced by 7.53% to $102.8 million in 2024, then grew by 11.67% to $114.8 million in 2025, then rose by 8.97% to $125.1 million in 2026.
  • Per Business Quant, the three latest AAMI Operating Expenses figures stand at $125.1 million (Q1 2026), $114.8 million (Q4 2025), and $117.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 3.88 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 2.26 Bn
3 Kkr 84.94 Bn 132.45 Bn - 3.87 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 733.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 4.68 Bn
6 State Street 44.42 Bn 18.75 Bn - 2.81 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 3.67 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 1.51 Bn
9 Ares Management 28.85 Bn 32.22 Bn - 1.17 Bn
10 Acadian Asset Management 2.59 Bn 2.48 Bn - 125.10 Mn

Historic Data

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DateValue
Mar 31, 2026 125.10 Mn
Dec 31, 2025 114.80 Mn
Sep 30, 2025 117.60 Mn
Jun 30, 2025 111.20 Mn
Mar 31, 2025 88.00 Mn
Dec 31, 2024 102.80 Mn
Sep 30, 2024 96.10 Mn
Jun 30, 2024 88.40 Mn
Mar 31, 2024 82.80 Mn
Dec 31, 2023 95.60 Mn
Sep 30, 2023 77.10 Mn
Jun 30, 2023 75.90 Mn
Mar 31, 2023 72.00 Mn
Dec 31, 2022 74.80 Mn
Sep 30, 2022 56.70 Mn
Jun 30, 2022 48.80 Mn
Mar 31, 2022 69.00 Mn
Dec 31, 2021 114.40 Mn
Sep 30, 2021 89.20 Mn
Jun 30, 2021 97.20 Mn
Mar 31, 2021 77.20 Mn
Dec 31, 2020 93.90 Mn
Sep 30, 2020 93.30 Mn
Jun 30, 2020 92.70 Mn
Mar 31, 2020 95.20 Mn
Dec 31, 2019 -73.20 Mn
Sep 30, 2019 145.90 Mn
Jun 30, 2019 160.50 Mn
Mar 31, 2019 139.20 Mn
Dec 31, 2018 184.90 Mn
Sep 30, 2018 216.80 Mn
Jun 30, 2018 218.60 Mn