Artisan Partners Asset Management (APAM) Operating Expenses (2012 - 2026)
Artisan Partners Asset Management (APAM) posted quarterly Operating Expenses of $223.3 million for Q2 2026, up 10.01% year-over-year from $203.0 million in Q2 2025, and up 6.94% on a QoQ basis from $208.8 million in Q1 2026.
Artisan Partners Asset Management (APAM) Operating Expenses (2012 - 2026) Analysis & Trends
Artisan Partners Asset Management has reported Operating Expenses for 15 years, with the latest figure at $223.3 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $223.3 million, up 10.01% year-over-year; the trailing twelve-month figure through Jun 2026 was $835.6 million (up 8.81% YoY), and the FY2025 annual result was $797.1 million, up 6.96% from the prior year.
- Operating Expenses advanced to $223.3 million in Q2 2026, from $208.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $223.3 million in Q2 2026 and troughed at $155.6 million in Q3 2022.
- A 5-year average of $183.1 million and a median of $185.3 million in 2024 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2022, when Operating Expenses retreated 11.96%; it then advanced 12.34% in 2024.
- A 5-year view of Operating Expenses shows it stood at $156.0 million in 2022, then advanced by 10.61% to $172.6 million in 2023, then gained by 8.88% to $187.9 million in 2024, then gained by 8.57% to $204.0 million in 2025, then climbed by 9.45% to $223.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $223.3 million in Q2 2026, $208.8 million in Q1 2026, and $204.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 4.62 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 2.38 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 5.41 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 1.64 Bn |
| 10 | Artisan Partners Asset Management | 2.79 Bn | 2.46 Bn | - | 223.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 223.29 Mn |
| 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 |