Artisan Partners Asset Management (APAM) Operating Expenses (2012 - 2026)

Artisan Partners Asset Management's (APAM) quarterly Operating Expenses came in at $208.8 million in Q1 2026, up 9.54% year-on-year from $190.6 million in Q1 2025, and up 2.36% on a QoQ basis from $204.0 million in Q4 2025.

Artisan Partners Asset Management (APAM) Operating Expenses (2012 - 2026) Analysis & Trends

Artisan Partners Asset Management (APAM) has 15 years of Operating Expenses data on file, last reported at $208.8 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 9.54% year-over-year to $208.8 million in Q1 2026; TTM through Mar 2026 was $815.2 million, a 8.83% increase from a year earlier, with the FY2025 full-year figure at $797.1 million, up 6.96% from the prior year.
  • Operating Expenses for Q1 2026 stood at $208.8 million, up from $204.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for APAM reached as high as $208.8 million in Q1 2026 and fell as low as $155.6 million in Q3 2022.
  • Historically, Operating Expenses has averaged $180.7 million across 5 years, with a median of $184.2 million in 2024.
  • Across the five-year window, Operating Expenses retreated 11.96% in 2022 and advanced 12.34% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $156.0 million in 2022, then grew by 10.61% to $172.6 million in 2023, then climbed by 8.88% to $187.9 million in 2024, then climbed by 8.57% to $204.0 million in 2025, then increased by 2.36% to $208.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $208.8 million in Q1 2026, $204.0 million in Q4 2025, and $199.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 Artisan Partners Asset Management 2.55 Bn 2.58 Bn - 208.81 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 208.81 Mn
Dec 31, 2025 204.00 Mn
Sep 30, 2025 199.47 Mn
Jun 30, 2025 202.98 Mn
Mar 31, 2025 190.61 Mn
Dec 31, 2024 187.89 Mn
Sep 30, 2024 186.40 Mn
Jun 30, 2024 184.17 Mn
Mar 31, 2024 186.71 Mn
Dec 31, 2023 172.57 Mn
Sep 30, 2023 166.57 Mn
Jun 30, 2023 166.20 Mn
Mar 31, 2023 166.20 Mn
Dec 31, 2022 156.02 Mn
Sep 30, 2022 155.59 Mn
Jun 30, 2022 162.98 Mn
Mar 31, 2022 174.61 Mn
Dec 31, 2021 177.22 Mn
Sep 30, 2021 173.52 Mn
Jun 30, 2021 167.15 Mn