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

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

• Quarterly Operating Expenses rose 9.54% year-over-year to $208.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $815.2 million (up 8.83% YoY) and the FY2025 annual result came in at $797.1 million, up 6.96% from the prior year.
• Operating Expenses advanced to $208.8 million in Q1 2026 per APAM's latest filing, from $204.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $208.8 million in Q1 2026 and bottomed at $155.6 million in Q3 2022.
• The 5-year median for Operating Expenses is $184.2 million (2024), against an average of $180.7 million.
• The widest annual swing landed in 2022, when Operating Expenses retreated 11.96%; it then advanced 12.34% in 2024.
• Tracing APAM's Operating Expenses over 5 years: stood at $156.0 million in 2022, then increased by 10.61% to $172.6 million in 2023, then grew by 8.88% to $187.9 million in 2024, then grew by 8.57% to $204.0 million in 2025, then rose by 2.36% to $208.8 million in 2026.
• Per Business Quant, the three latest APAM Operating Expenses figures stand at $208.8 million (Q1 2026), $204.0 million (Q4 2025), and $199.5 million (Q3 2025).

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