For the quarter ending 2026-03-31, VCTR had -$87,841K decrease in cash & cash equivalents over the period. $120,105K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 112,140 | 112,812 | 96,541 | 120,709 |
| Provision for deferred income taxes | 6,984 | 2,073 | 12,737 | 19,443 |
| Depreciation and amortization | 20,576 | 21,593 | 22,032 | 29,226 |
| Loss on debt extinguishment | - | 0 | -614 | 0 |
| Deferred financing costs, accretion expense and derivative gains/losses | 79 | 82 | -3,461 | -6,172 |
| Share-based and deferred compensation | 13,395 | 12,779 | 15,972 | 17,638 |
| Change in fair value of contingent consideration obligations | 3,537 | 3,064 | 3,841 | 4,498 |
| Investment management fees receivable | - | 40,918 | - | - |
| Unrealized depreciation (appreciation) on investments | 907 | 1,047 | 2,657 | 3,503 |
| Fund administration and distribution fees receivable | - | 9,847 | - | - |
| Noncash lease expense | 79 | 228 | 162 | 202 |
| Other receivables | - | -14,573 | - | - |
| Receivables | -16,511 | - | -26,016 | 58,970 |
| Prepaid expenses | 4,076 | 3,322 | 507 | -2,067 |
| Other assets | -666 | 1,231 | -520 | -1,331 |
| Accounts payable and accrued expenses | 30,241 | -8,168 | -8,225 | -1,361 |
| Accrued compensation and benefits | -26,082 | 8,072 | 5,886 | -27,697 |
| Deferred compensation plan liability | - | -25,865 | - | - |
| Other liabilities | -19,235 | 27,244 | -3,564 | -22,909 |
| Payment of consideration for acquisition | - | 0 | - | - |
| Net cash provided by operating activities | 120,954 | 145,076 | 165,907 | 74,502 |
| Purchases of property and equipment | 849 | 599 | 1,079 | 2,479 |
| Purchases of deferred compensation plan investments | - | 47,567 | - | - |
| Sales of deferred compensation plan investments | - | 74,710 | - | - |
| Purchases of investments | 2,075 | - | 8,822 | 30,400 |
| Purchases of proprietary funds | - | 189 | - | - |
| Sales of investments | -8,006 | - | 9,403 | 57,423 |
| Sales of proprietary funds | - | 167 | - | - |
| Cash acquired from acquisition | - | 0 | 40 | 53,572 |
| Net cash provided by (used in) investing activities | 16,674 | -1,082 | -458 | 78,116 |
| Proceeds from long-term senior debt | - | 0 | 241,137 | 0 |
| Issuance of common stock | 1,847 | 118 | 342 | 1,380 |
| Repurchase of common stock | 127,229 | 50,692 | 118,510 | 26,415 |
| Payments of taxes related to net share settlement of equity awards | 16,045 | 1,241 | 2,171 | 9,581 |
| Payment of debt financing fees | - | 495 | 375 | 0 |
| Payments of long-term senior debt | 2,463 | 2,463 | 235,824 | - |
| Payment of dividends | 41,565 | 41,258 | 42,073 | 73,630 |
| Payment of consideration for acquisition | 39,943 | 0 | 0 | 63,733 |
| Net cash used in financing activities | -225,398 | -96,031 | -157,474 | -171,979 |
| Effect of changes of foreign exchange rate on cash and cash equivalents | -71 | -14 | -104 | 500 |
| Net (decrease) increase in cash and cash equivalents | -87,841 | 47,949 | 7,871 | -18,861 |
| Cash and cash equivalents, beginning of period | 163,690 | 115,741 | 126,731 | - |
| Cash and cash equivalents, end of period | 75,849 | 163,690 | 115,741 | - |
Victory Capital Holdings, Inc. (VCTR)
Victory Capital Holdings, Inc. (VCTR)