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| Date | Value |
|---|---|
| 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 |