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Victory Capital Holdings (VCTR) Operating Expenses (2016 - 2025)

Victory Capital Holdings' Operating Expenses history spans 10 years, with the latest figure at $220.9 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 83.17% year-over-year to $220.9 million; the TTM value through Dec 2025 reached $827.7 million, up 77.63%, while the annual FY2025 figure was $827.7 million, 77.63% up from the prior year.
  • Operating Expenses reached $220.9 million in Q4 2025 per VCTR's latest filing, down from $223.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $257.0 million in Q2 2025 to a low of $96.7 million in Q2 2022.
  • Average Operating Expenses over 5 years is $137.9 million, with a median of $126.7 million recorded in 2021.
  • Peak YoY movement for Operating Expenses: fell 23.66% in 2022, then surged 135.73% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $139.3 million in 2021, then dropped by 12.48% to $121.9 million in 2022, then dropped by 2.0% to $119.5 million in 2023, then grew by 0.96% to $120.6 million in 2024, then skyrocketed by 83.17% to $220.9 million in 2025.
  • Per Business Quant, the three most recent readings for VCTR's Operating Expenses are $220.9 million (Q4 2025), $223.1 million (Q3 2025), and $257.0 million (Q2 2025).