Invesco Ltd. has recently released its 10-K report, which provides an in-depth look at the company's financial performance and operations. Invesco is a publicly owned investment manager that serves a diverse range of clients, including retail and institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, and pension funds. The firm manages separate client-focused equity and fixed income portfolios and launches various mutual funds and exchange-traded funds.
In 2025, Invesco reported operating revenues of $6,377.1 million, compared to $6,067.0 million in 2024. The firm's operating income for 2025 was $(695.7) million, a significant decrease from $832.1 million in 2024. The net income attributable to Invesco Ltd. for 2025 was $(726.3) million, down from $538.0 million in 2024. Additionally, the company's diluted earnings per share (EPS) for 2025 stood at $(1.60), a decrease from $1.18 in 2024.
In terms of non-GAAP financial measures, Invesco reported net revenues of $4,658.5 million in 2025, compared to $4,400.5 million in 2024. The adjusted operating income for 2025 was $1,557.8 million, up from $1,370.7 million in 2024. The firm's adjusted net income attributable to Invesco Ltd. for 2025 was $922.0 million, compared to $781.7 million in 2024. The adjusted diluted earnings per share (EPS) for 2025 stood at $2.03, an increase from $1.71 in 2024.
In terms of assets under management (AUM), Invesco reported ending AUM of $2,169.9 billion in 2025, compared to $1,846.0 billion in 2024. The average AUM for long-term investments was $1,428.6 billion in 2025, up from $1,233.0 billion in 2024. The firm's AUM for Invesco QQQ Trust also saw an increase, reaching $351.8 billion in 2025 from $275.8 billion in 2024.
Invesco's investment capabilities performance overview revealed that the firm maintained strong investment performance over the long-term for its clients. The percentage of AUM in the first and second quartile compared to peers and above benchmark for various investment capabilities ranged from 38% to 70% across different time periods.
The company's financial results were impacted by various factors, including market gains and losses, net inflows or outflows, and changes in the mix of investment products between and within asset classes and geographies. Invesco also made significant progress in strengthening its capital management, simplifying and focusing its organization, and investing in key capabilities to position the company for greater scale, performance, and improved profitability.
Invesco's 10-K report provides a comprehensive overview of its financial condition, results of operations, and investment capabilities, offering valuable insights into the firm's performance and strategic initiatives. The market has reacted to these announcements by moving the company's shares 0.17% to a price of $29.44. For the full picture, make sure to review Invesco's 10-K report.
