Invesco recently released its latest 10-Q report. Invesco Ltd. is a publicly owned investment manager based in Atlanta that serves retail, institutional, high-net-worth, public-sector, corporate, nonprofit, endowment, foundation, pension, financial institution, and sovereign wealth clients. Its business spans separate equity and fixed-income portfolios, mutual funds, exchange-traded funds, private funds, and alternative strategies across public equity, fixed income, commodities, currencies, and multi-asset mandates.
In Item 2, management said the quarter was shaped by market moves, exchange-rate changes, and a mix shift in assets under management. The company reported record net long-term inflows of $45.1 billion for the quarter, led by ETFs and Index, QQQ, the China joint venture, and private markets, plus $16.9 billion of net inflows into money market funds. Average AUM reached $2.4 trillion in the second quarter of 2026, up $471.4 billion, or 24.8%, from the same quarter a year earlier, while ending AUM rose to $2.5 trillion, up 23.4% year over year.
Operating revenues for the quarter were $1.83 billion, compared with $1.52 billion a year earlier. Operating income rose to $364.2 million from $214.2 million, and operating margin improved to 19.9% from 14.1%. Net income attributable to Invesco was $345.3 million, versus a loss of $12.5 million in the prior-year quarter, and diluted EPS was $0.76 compared with a loss of $0.03.
On a non-GAAP basis, net revenues were $1.33 billion, adjusted operating income was $498.7 million, and adjusted diluted EPS was $0.71. For the first six months of 2026, operating revenues were $3.57 billion, operating income was $697.4 million, and net income attributable to Invesco was $575.7 million. Adjusted operating income for the six-month period was $934.7 million, with adjusted diluted EPS of $1.28.
Capital actions included a $342.7 million reduction in debt during the quarter and the repurchase of 1.9 million common shares for $50.0 million. Invesco also completed the sale of management agreements for 98 Canadian funds to CI GAM on June 1, 2026, while entering a long-term partnership to provide sub-advisory services to 61 of those funds.
AUM moved from $2.16 trillion at the start of the quarter to $2.47 trillion at June 30, 2026. Long-term inflows totaled $202.1 billion and long-term outflows were $157.0 billion, producing $45.1 billion of net long-term flows; market gains and losses added $256.8 billion. For the first half of 2026, long-term inflows were $364.1 billion, long-term outflows were $297.2 billion, and net long-term flows were $66.9 billion. As a result of these announcements, the company's shares have moved 3.23% on the market, and are now trading at a price of $31.91. If you want to know more, read the company's complete 10-Q report here.
