Virtus Investment Partners (VRTS) Operating Expenses (2010 - 2026)

Virtus Investment Partners (VRTS) posted Operating Expenses of $184.1 million for Q1 2026, up 9.44% on a QoQ basis from $168.2 million in Q4 2025, and up 1.52% year-over-year from $181.3 million in Q1 2025.

Virtus Investment Partners (VRTS) Operating Expenses (2010 - 2026) Analysis & Trends

Virtus Investment Partners' Operating Expenses history runs 17 years deep, the most recent figure standing at $184.1 million for 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 was $184.1 million for Q1 2026 at Virtus Investment Partners, up from $168.2 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.
  • 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 increased 20.76% — and 2023, when it dropped 9.41%.
  • Virtus Investment Partners' 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 climbed by 9.44% to $184.1 million in 2026.
  • Business Quant data shows VRTS's Operating Expenses at $184.1 million in Q1 2026, $168.2 million in Q4 2025, and $169.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 Virtus Investment Partners 1.09 Bn 1.15 Bn 197.88 Mn 184.09 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 157.60 Mn