Virtus Investment Partners (VRTS) Operating Expenses (2010 - 2026)
Virtus Investment Partners' (VRTS) quarterly Operating Expenses came in at $174.0 million in Q2 2026, up 5.28% on a YoY basis from $165.3 million in Q2 2025, and down 5.46% quarter-over-quarter from $184.1 million in Q1 2026.
Analysis
Virtus Investment Partners (VRTS) Operating Expenses (2010 - 2026) Analysis & Trends
Virtus Investment Partners (VRTS) has reported Operating Expenses for 17 consecutive years, with $174.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 5.28% year-over-year to $174.0 million; the trailing twelve-month figure through Jun 2026 stood at $695.7 million (down 0.79% YoY), and the FY2025 full-year result was $684.2 million, down 5.56% from the prior year.
- Operating Expenses retreated to $174.0 million in Q2 2026 per VRTS's latest filing, from $184.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $189.7 million in Q1 2024 and bottomed at $165.3 million in Q2 2025.
- Historically, Operating Expenses has averaged $175.0 million across 5 years, with a median of $174.2 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses climbed 20.76% in 2022, then decreased 9.41% in 2023.
- Over 5 years, Operating Expenses stood at $167.2 million in 2022, then rose by 5.07% to $175.6 million in 2023, then gained by 4.07% to $182.8 million in 2024, then dropped by 7.97% to $168.2 million in 2025, then rose by 3.47% to $174.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $174.0 million, $184.1 million, and $168.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.84 Bn | 152.97 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 146.01 Bn | -412.00 Bn | - | 149.76 Mn |
| 3 | Ishares Gold Trust | 30.54 Bn | -29.57 Bn | - | 43.37 Mn |
| 4 | World Gold Trust | 29.53 Bn | -73.54 Bn | - | 7.55 Mn |
| 5 | Principal Financial | 24.58 Bn | -28.39 Bn | 1.91 Bn | 3.41 Bn |
| 6 | iShares Silver Trust | 22.65 Bn | -5.56 Bn | - | 44.44 Mn |
| 7 | Franklin Resources | 17.60 Bn | 13.88 Bn | - | 2.14 Bn |
| 8 | Invesco | 14.52 Bn | 13.60 Bn | 1.79 Bn | 1.46 Bn |
| 9 | Affiliated Managers | 9.42 Bn | 9.01 Bn | - | 486.70 Mn |
| 10 | Virtus Investment Partners | 1.02 Bn | 842.41 Mn | 169.16 Mn | 174.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 174.04 Mn |
| Mar 31, 2026 | 184.09 Mn |
| Dec 31, 2025 | 168.21 Mn |
| Sep 30, 2025 | 169.33 Mn |
| Jun 30, 2025 | 165.32 Mn |
| Mar 31, 2025 | 181.34 Mn |
| Dec 31, 2024 | 182.77 Mn |
| Sep 30, 2024 | 171.77 Mn |
| Jun 30, 2024 | 180.18 Mn |
| Mar 31, 2024 | 189.74 Mn |
| Dec 31, 2023 | 175.63 Mn |
| Sep 30, 2023 | 174.37 Mn |
| Jun 30, 2023 | 174.49 Mn |
| Mar 31, 2023 | 169.30 Mn |
| Dec 31, 2022 | 167.15 Mn |
| Sep 30, 2022 | 166.24 Mn |
| Jun 30, 2022 | 168.64 Mn |
| Mar 31, 2022 | 186.89 Mn |
| Dec 31, 2021 | 182.61 Mn |
| Sep 30, 2021 | 158.78 Mn |