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

Victory Capital Holdings (VCTR) has 11 years of Operating Expenses data on file, last reported at $228.8 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 80.6% year-over-year to $228.8 million; the trailing twelve-month figure through Mar 2026 stood at $929.8 million (up 101.43% YoY), and the FY2025 full-year result was $827.7 million, up 77.63% from the prior year.
• Operating Expenses for Q1 2026 stood at $228.8 million, up from $220.9 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.
• The 5-year median for Operating Expenses is $126.7 million (2025), against an average of $145.3 million.
• The widest annual swing landed in 2022, when Operating Expenses decreased 23.66%; it then jumped 135.73% in 2025.
• A 5-year view of Operating Expenses shows it stood at $121.9 million in 2022, then slipped by 2.0% to $119.5 million in 2023, then rose by 0.96% to $120.6 million in 2024, then soared by 83.17% to $220.9 million in 2025, then gained by 3.56% to $228.8 million in 2026.
• The last three Operating Expenses figures came in at $228.8 million (Q1 2026), $220.9 million (Q4 2025), and $223.1 million (Q3 2025), per Business Quant data.

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