Virtus Investment Partners (VRTS) Operating Expenses (2010 - 2026)
Virtus Investment Partners' Operating Expenses was $174.04 million in Q2 2026, up 5.3% from $165.32 million a year earlier but down 5.5% from the prior quarter.
Virtus Investment Partners (VRTS) Operating Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Virtus Investment Partners' Operating Expenses was $695.66 million through Jun 30, 2026, down 0.8% year-over-year; for FY2025, it came in at $684.19 million, down 5.6% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 8.2% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $724.46 million in FY2024 (+4.4%), $693.78 million in FY2023 (+0.7%), $688.92 million in FY2022 (+5.4%) and $653.75 million in FY2021 (+41.9%).
- Quarterly Operating Expenses has moved between $158.78 million (Q3 2021) and $189.74 million (Q1 2024) over five years.
- Compared with a year earlier, Operating Expenses was higher in three of the last eight quarters, with an average decline of 1.6%.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2021 (growth of 51.3%); the worst was Q1 2023 (a decline of 9.4%).
- Per Business Quant data, VRTS's Operating Expenses in the three quarters before Q2 2026 was $184.09 million (Q1 2026), $168.21 million (Q4 2025) and $169.33 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | 149.76 Mn |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | 2.38 Bn |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | 5.41 Bn |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | 14.94 Bn |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | 659.00 Mn |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 8.74 Bn |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 133.83 Mn |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 7.80 Mn |
| 10 | Virtus Investment Partners | 859.09 Mn | -865.31 Mn | - | 174.04 Mn |
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 |
Virtus Investment Partners Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=VRTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VRTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=VRTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();