Virtus Investment Partners (VRTS) Operating Expenses (2010 - 2026)
Virtus Investment Partners' (VRTS) quarterly Operating Expenses came in at $184.1 million in Q1 2026, up 1.52% YoY from $181.3 million in Q1 2025, and up 9.44% on a QoQ basis from $168.2 million in Q4 2025.
Virtus Investment Partners (VRTS) Operating Expenses (2010 - 2026) Analysis & Trends
Virtus Investment Partners (VRTS) has 17 years of Operating Expenses data on file, last reported at $184.1 million in Q1 2026.
- Quarterly Operating Expenses rose 1.52% year-over-year to $184.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $686.9 million (down 4.07% YoY) and the FY2025 annual result came in at $684.2 million, down 5.56% from the prior year.
- Operating Expenses climbed to $184.1 million in Q1 2026, from $168.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $189.7 million in Q1 2024 to a low of $165.3 million in Q2 2025.
- A 5-year average of $175.0 million and a median of $174.4 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses advanced 20.76% — and 2023, when it retreated 9.41%.
- Tracing VRTS's Operating Expenses over 5 years: stood at $167.2 million in 2022, then grew by 5.07% to $175.6 million in 2023, then increased by 4.07% to $182.8 million in 2024, then decreased by 7.97% to $168.2 million in 2025, then gained by 9.44% to $184.1 million in 2026.
- The last three Operating Expenses figures came in at $184.1 million (Q1 2026), $168.2 million (Q4 2025), and $169.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 4.62 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 2.38 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 5.41 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 1.64 Bn |
| 10 | Virtus Investment Partners | 1.12 Bn | 941.60 Mn | 169.16 Mn | 174.04 Mn |
Historic Data
Download 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 |