For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Other operating expenses | - | 127,526 | ||
| Revenues | 852,865 | 902,816 | ||
| Employment expenses | 400,720 | 432,587 | ||
| Distribution and other asset-based expenses | 89,047 | 96,223 | ||
| Other operating expenses-Consolidated Entity Excluding Variable Interest Entities VIEand Voting Interest Entities VOE | 130,358 | - | ||
| Other operating expenses-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 5,812 | - | ||
| Change in fair value of contingent consideration | -2,214 | -5,608 | ||
| Restructuring expense | 693 | 1,487 | ||
| Depreciation expense | 7,992 | 8,958 | ||
| Amortization expense | 51,777 | 56,299 | ||
| Total operating expenses | 684,185 | 724,459 | ||
| Operating income (loss) | 168,680 | 182,490 | ||
| Realized and unrealized gain (loss) on investments, net-Consolidated Entity Excluding Variable Interest Entities VIEand Voting Interest Entities VOE | 5,823 | - | ||
| Realized and unrealized gain (loss) on investments, net-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | -28,103 | - | ||
| Other income (expense), net | 3,473 | 2,036 | ||
| Realized and unrealized gain (loss) on investments, net | - | -10,546 | ||
| Total other income (expense), net | -18,807 | -8,510 | ||
| Interest expense-Consolidated Entity Excluding Variable Interest Entities VIEand Voting Interest Entities VOE | 21,471 | - | ||
| Interest and dividend income-Consolidated Entity Excluding Variable Interest Entities VIEand Voting Interest Entities VOE | 12,303 | - | ||
| Interest and dividend income | - | 217,220 | ||
| Interest and dividend income-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 187,452 | - | ||
| Interest expense | - | 183,324 | ||
| Interest expense-Variable Interest Entity Primary Beneficiaryand Voting Interest Entity | 140,908 | - | ||
| Total interest income (expense), net | 37,376 | 33,896 | ||
| Income (loss) before income taxes | 187,249 | 207,876 | ||
| Income tax expense (benefit) | 51,261 | 55,423 | ||
| Net income (loss) | 135,988 | 152,453 | ||
| Noncontrolling interests | -2,408 | 30,707 | ||
| Net income (loss) attributable to virtus investment partners, inc | 138,396 | 121,746 | ||
| Basic EPS | 20.27 | 17.19 | ||
| Diluted EPS | 19.97 | 16.89 | ||
| Basic Average Shares | 6,829,000 | 7,082,000 | ||
| Diluted Average Shares | 6,929,000 | 7,210,000 | ||
VIRTUS INVESTMENT PARTNERS, INC. (VRTS)
VIRTUS INVESTMENT PARTNERS, INC. (VRTS)