Victory Capital Holdings (VCTR) Operating Expenses (2016 - 2026)

Victory Capital Holdings (VCTR) has reported Operating Expenses for 11 consecutive years, with $241.6 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses fell 5.99% year-over-year to $241.6 million; the trailing twelve-month figure through Jun 2026 stood at $914.4 million (up 50.01% YoY), and the FY2025 full-year result was $827.7 million, up 77.63% from the prior year.
• Operating Expenses rose to $241.6 million in Q2 2026 per VCTR's latest filing, from $228.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $257.0 million in Q2 2025 and bottomed at $96.7 million in Q2 2022.
• Historically, Operating Expenses has averaged $150.7 million across 5 years, with a median of $126.7 million in 2023.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses slipped 23.66% in 2022, then surged 135.73% in 2025.
• Over 5 years, Operating Expenses stood at $121.9 million in 2022, then dropped by 2.0% to $119.5 million in 2023, then gained by 0.96% to $120.6 million in 2024, then jumped by 83.17% to $220.9 million in 2025, then climbed by 9.35% to $241.6 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $241.6 million, $228.8 million, and $220.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.