Access comprehensive financial analyses and make smarter investments - get the Manual of Investments on Amazon!

IVZ

Invesco Reports $19.1B Net Inflows in Q4 2025

Invesco Ltd. (NYSE: IVZ) has reported its financial results for the three months and year ended December 31, 2025. The company achieved $19.1 billion of net long-term inflows for the quarter, primarily driven by ETFs and index and China JV. For the full year 2025, it reported $81.2 billion of net long-term inflows, primarily driven by ETFs and index, China JV, and fundamental fixed income.

The ending assets under management (AUM) increased to $2.2 trillion, marking a 2.1% increase from the prior quarter and a significant 17.5% increase from the prior year-end. The operating margin for Q4 2025 was (86.2)%, impacted by a $1.8 billion non-cash intangible asset impairment. However, the adjusted operating margin was 36.4%, not impacted by the intangible impairment.

In terms of financial results, Invesco reported a fourth quarter diluted earnings per share (EPS) of $(2.61), with an adjusted diluted EPS of $0.62. The company experienced a non-cash intangible impairment of $1.8 billion, which negatively impacted the fourth quarter diluted EPS by $3.01.

The net long-term inflows for the fourth quarter of 2025 were $19.1 billion, compared to $28.9 billion in the third quarter. The company also reported a 2.1% increase in ending AUM from the prior quarter and a 17.5% increase from the prior year-end.

For the full year 2025, Invesco achieved an annualized organic growth rate of 5.7% and reported operating revenues of $6,377.1 million, representing a 5.1% increase from the previous year. The net income attributable to Invesco Ltd. for the year was a loss of $726.3 million, with a diluted EPS of $(1.60).

In terms of operating results, operating revenues increased by $51.6 million in Q4 2025 compared to the third quarter, with investment management fees contributing to the increase. The company also reported significant changes in its non-operating income and expenses, with a tax provision of $(349.5) million in Q4 2025 compared to an expense of $78.6 million in Q4 2024.

The press release also highlighted Invesco's capital management, with cash and cash equivalents amounting to $1,037.5 million at December 31, 2025.

Today the company's shares have moved 0.17% to a price of $29.44. For the full picture, make sure to review Invesco's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS