Victory Capital (VCTR) Revenue & Revenue Breakdown


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Victory Capital Revenue Highlights


Latest Revenue (Y)

$1.31B

Latest Revenue (Q)

$361.19M

Main Segment (Y)

Investment Management Fees

Victory Capital Revenue by Period


Victory Capital Revenue by Year

DateRevenueChange
2025-12-31$1.31B46.19%
2024-12-31$893.48M8.82%
2023-12-31$821.03M-3.95%
2022-12-31$854.80M-3.98%
2021-12-31$890.26M14.82%
2020-12-31$775.35M26.61%
2019-12-31$612.37M48.13%
2018-12-31$413.41M0.92%
2017-12-31$409.63M37.51%
2016-12-31$297.88M23.72%
2015-12-31$240.76M-99.97%
2001-12-31$775.35B-

Victory Capital generated $1.31B in revenue during NA 2025, up 46.19% compared to the previous quarter, and up 168.46% compared to the same period a year ago.

Victory Capital Revenue by Quarter

DateRevenueChange
2025-09-30$361.19M2.84%
2025-06-30$351.21M59.93%
2025-03-31$219.60M-5.50%
2024-12-31$232.37M2.99%
2024-09-30$225.63M2.74%
2024-06-30$219.62M1.74%
2024-03-31$215.86M4.89%
2023-12-31$205.79M-1.86%
2023-09-30$209.69M2.67%
2023-06-30$204.23M1.44%
2023-03-31$201.32M-0.10%
2022-12-31$201.51M-2.77%
2022-09-30$207.26M-4.05%
2022-06-30$216.01M-6.09%
2022-03-31$230.02M0.39%
2021-12-31$229.12M1.25%
2021-09-30$226.29M1.98%
2021-06-30$221.90M4.21%
2021-03-31$212.95M6.27%
2020-12-31$200.39M6.22%
2020-09-30$188.66M3.72%
2020-06-30$181.89M-11.02%
2020-03-31$204.42M-6.47%
2019-12-31$218.55M1.66%
2019-09-30$214.98M135.31%
2019-06-30$91.36M4.44%
2019-03-31$87.48M-8.84%
2018-12-31$95.97M-11.21%
2018-09-30$108.08M3.53%
2018-06-30$104.40M-0.54%
2018-03-31$104.96M-0.65%
2017-12-31$105.65M3.18%
2017-09-30$102.39M1.44%
2017-06-30$100.93M0.27%
2017-03-31$100.66M2.63%
2016-12-31$98.08M13.82%
2016-09-30$86.17M-99.96%
2001-12-31$229.12B10.55%
2001-09-30$207.26B-

Victory Capital generated $361.19M in revenue during Q3 2025, up 2.84% compared to the previous quarter, and up 164.46% compared to the same period a year ago.

Victory Capital Revenue Breakdown


Victory Capital Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Investment Management Fees$1.05B$704.58M$640.88M$664.71M$674.54M

Victory Capital's latest annual revenue breakdown by segment (product or service), as of Dec 25: Investment Management Fees (100.00%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 19
Investment Management Fees$301.35M$288.51M$282.31M$173.30M$356.99M$177.81M$169.78M$160.68M$163.95M$159.41M$22.05M
Fund Administration Fee----------$5.25M
Fund Distribution Fee----------$7.55M
Performance Based Investment Fee----------$-231.00K

Victory Capital's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Investment Management Fees (100.00%).

Victory Capital Revenue Breakdown by Country

Quarterly Revenue by Country

CountryMar 19
Fund Administration Fee$5.25M
Performance Based Investment Fee$-231.00K
Fund Distribution Fee$7.55M
Investment Management Fees$22.05M

Victory Capital's latest quarterly revenue breakdown by geography, as of Mar 19: Investment Management Fees (63.70%), Fund Distribution Fee (21.82%), Fund Administration Fee (15.15%), and Performance Based Investment Fee (-0.67%).

Victory Capital Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
LAZLazard$3.19B$782.43M
FHIFederated Hermes$1.80B$469.45M
VCTRVictory Capital$1.31B$361.19M
SFBSServisFirst Bancshares$1.02B$254.14M
GBDCGolub Capital BDC$858.81M$203.49M
FFINFirst Financial Bankshares$825.80M$213.96M
NNINelnet$821.71M$205.96M
MAINMain Street Capital$644.50M$139.83M
HTGCHercules Capital$451.96M$116.68M
ABAllianceBernstein$332.76M-
FSKFS KKR Capital-$260.00M

VCTR Revenue FAQ


What is Victory Capital’s yearly revenue?

Victory Capital's yearly revenue for 2025 was $1.31B, representing an increase of 46.19% compared to 2024. The company's yearly revenue for 2024 was $893.48M, representing an increase of 8.82% compared to 2023. VCTR's yearly revenue for 2023 was $821.03M, representing a decrease of -3.95% compared to 2022.

What is Victory Capital’s quarterly revenue?

Victory Capital's quarterly revenue for Q3 2025 was $361.2M, a 2.84% increase from the previous quarter (Q2 2025), and a 60.08% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $351.21M, a 59.93% increase from the previous quarter (Q1 2025), and a 59.92% increase year-over-year (Q2 2024). VCTR's quarterly revenue for Q1 2025 was $219.6M, a -5.50% decrease from the previous quarter (Q4 2024), and a 1.73% increase year-over-year (Q1 2024).

What is Victory Capital’s revenue growth rate?

Victory Capital's revenue growth rate for the last 3 years (2023-2025) was 59.08%, and for the last 5 years (2021-2025) was 46.71%.

What are Victory Capital’s revenue streams?

Victory Capital's revenue streams in c 25 are Investment Management Fees

What is Victory Capital’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Victory Capital was Investment Management Fees. This segment made a revenue of $1.05B, representing 100.00% of the company's total revenue.