
Virtus Investment Partners Income Statement 2025-2008 | VRTS
Brief overview of income trends at Virtus Investment Partners
The conclusions below are based on five years of reported results. Virtus Investment Partners reported revenue of 604 million dollars in 2020 and 853 million dollars by 2025. Overall revenue changed by +41.2%, equal to an annualized rate of about 7.1%. This represents moderate business growth.
The five-year change in net income was +13.4%: from 120 million dollars to 136 million dollars. Net income did not provide a strong directional signal.
Over the period, capitalization shifted from 1.6 billion dollars to 1.2 billion dollars (−29.4%). Capitalization lags the underlying business improvement.
What the figures show
Positive developments coexist with areas of weakness. Key strengths include sales growth and net-income growth. The main areas of concern are lower investor confidence. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement Virtus Investment Partners
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
1.15 B | 1.63 B | 1.67 B | 1.53 B | 2.28 B | 1.63 B | 881 M | 630 M | 900 M | 841 M | 774 M | 1.23 B | 1.5 B | 1.12 B | 495 M | 137 M | 92.8 M | - |
Shares |
6.83 M | 7.08 M | 7.25 M | 7.39 M | 7.67 M | 7.62 M | 6.96 M | 7.17 M | 7.01 M | 7.65 M | 8.8 M | 9.09 M | 8.19 M | 7.73 M | 6.21 M | 6.01 M | 5.81 M | - |
Historical Prices |
168 | 230 | 230 | 207 | 297 | 214 | 117 | 74.7 | 107 | 108 | 104 | 150 | 175 | 106 | 66.6 | 22.8 | 16 | - |
Net Income |
136 M | 152 M | 142 M | 107 M | 263 M | 120 M | 95.6 M | 75.5 M | 37 M | 48.5 M | 35.1 M | 97.7 M | 75.2 M | 37.7 M | 145 M | 9.64 M | -6.48 M | - |
Revenue |
853 M | 907 M | 845 M | 886 M | 979 M | 604 M | 562 M | 551 M | 424 M | 322 M | 380 M | 449 M | 388 M | 279 M | 205 M | 145 M | 117 M | - |
Cost of Revenue |
401 M | 433 M | 405 M | 371 M | 358 M | 267 M | 241 M | 239 M | 191 M | 136 M | 137 M | 140 M | 132 M | 106 M | 92.5 M | 65.2 M | 57.1 M | - |
Gross Profit |
- | - | - | - | - | - | 322 M | 313 M | 233 M | 186 M | 243 M | 309 M | 256 M | 173 M | 51.9 M | - | - | - |
Operating Income |
169 M | 182 M | 151 M | 197 M | 325 M | 143 M | 125 M | 113 M | 58 M | 50.8 M | 80.4 M | 131 M | 114 M | 60.4 M | 13.9 M | 9.27 M | -6.62 M | - |
Interest Expense |
3.47 M | 2.04 M | -440 K | -153 K | 4.23 M | 1.88 M | 2.41 M | 3.29 M | 1.64 M | 1.09 M | 523 K | 537 K | 782 K | 854 K | 782 K | 983 K | 1.78 M | - |
EBITDA |
232 M | 251 M | 222 M | 266 M | 376 M | 182 M | 162 M | 143 M | 84.3 M | 60.6 M | 87.1 M | 138 M | 121 M | 68 M | 21.8 M | 11.3 M | -4.7 M | - |
Operating Expenses |
684 M | 724 M | 694 M | 689 M | 654 M | 461 M | 195 M | 200 M | 164 M | 131 M | 163 M | 178 M | 142 M | 111 M | 36 M | 135 M | 124 M | - |
General and Administrative Expenses |
- | - | - | - | - | - | 241 M | 239 M | 191 M | 136 M | 137 M | 140 M | 132 M | 106 M | 153 M | 583 K | - | - |
All numbers in USD currency
Quarterly Income Statement Virtus Investment Partners
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
6.67 M | 6.69 M | 6.76 M | 6.86 M | 6.96 M | 6.97 M | 7.07 M | 7.13 M | 7.12 M | 7.09 M | 7.26 M | 7.31 M | 7.24 M | 7.18 M | 7.31 M | 7.45 M | 7.55 M | 7.51 M | 7.69 M | 7.7 M | 7.63 M | 7.58 M | 7.68 M | 7.72 M | 7.42 M | 6.81 M | 6.95 M | 7 M | 7.02 M | 7 M | 7.18 M | 7.21 M | 7.2 M | 7.16 M | 7.21 M | 7.06 M | 6.54 M | 5.89 M | 7.68 M | 8.17 M | 8.34 M | 8.4 M | 8.78 M | 8.89 M | 8.96 M | 8.98 M | 9.1 M | 9.13 M | 9.12 M | 9.11 M | 8 M | 7.82 M | 7.82 M | 7.83 M | 7.84 M | 7.76 M | 7.47 M | 6.19 M | 6.22 M | 6.24 M | 6.24 M |
Net Income |
44.6 M | 6.15 M | 31.3 M | 42.7 M | 28.1 M | - | 49.1 M | 26 M | 37.9 M | - | 38.2 M | 30.2 M | 34.6 M | - | 27.4 M | 14.3 M | 39.1 M | - | 72.5 M | 76.1 M | 52.2 M | 61.8 M | 29.6 M | 11.3 M | -4.28 M | 29.8 M | 24.1 M | 26.9 M | 21.7 M | 1.09 M | 27 M | 23.1 M | 23.3 M | 5.64 M | 18.8 M | -305 K | 13 M | 12.4 M | 15.6 M | 8.09 M | 12.4 M | 6.64 M | -3.7 M | 9.01 M | 19.7 M | 18.9 M | 37 M | 19.8 M | 21.8 M | 24.8 M | 21.3 M | 14.8 M | 14.2 M | 12.2 M | 11.6 M | 8.37 M | 5.45 M | 110 M | -2.78 M | 3.2 M | 4.34 M |
Revenue |
201 M | 200 M | 216 M | 211 M | 218 M | - | 227 M | 224 M | 222 M | - | 219 M | 214 M | 198 M | - | 210 M | 225 M | 252 M | - | 252 M | 244 M | 217 M | 172 M | 155 M | 133 M | 145 M | 146 M | 146 M | 140 M | 131 M | 138 M | 152 M | 133 M | 129 M | 128 M | 124 M | 94.1 M | 79.8 M | 79.8 M | 82.3 M | 80.1 M | 80.3 M | 86.1 M | 92.4 M | 99.7 M | 104 M | 112 M | 118 M | 113 M | 108 M | 106 M | 100 M | 96.1 M | 86.2 M | 78.9 M | 72 M | 66.8 M | 62.4 M | 56.2 M | 55.5 M | 48.9 M | 44.1 M |
Cost of Revenue |
102 M | 105 M | 98.8 M | 98 M | 109 M | - | 106 M | 106 M | 115 M | - | 102 M | 105 M | 98.6 M | - | 88.2 M | 89.4 M | 106 M | - | 87.3 M | 87.6 M | 91.8 M | - | 67.5 M | 60.2 M | 66.1 M | - | 61.3 M | 58.1 M | 60.9 M | - | 63.3 M | 54.9 M | 60.7 M | - | 54.2 M | 43 M | 39.6 M | - | 33.1 M | 33.1 M | 36 M | - | 33.5 M | 33.6 M | 35.6 M | - | 35.2 M | 35.5 M | 35 M | - | 33 M | 32.9 M | 32.4 M | - | 25.9 M | 25.5 M | 26.3 M | - | 25.5 M | 23 M | 19.6 M |
Operating Income |
27.3 M | 15.4 M | 47.1 M | 45.2 M | 36.6 M | - | 55.3 M | 44.2 M | 32.3 M | - | 44.9 M | 39 M | 28.6 M | - | 44 M | 56.7 M | 65.6 M | - | 93.3 M | 86.4 M | 62.1 M | 50.9 M | 41 M | 26.6 M | 24.6 M | 37.8 M | 35.8 M | 30.1 M | 21 M | 29.2 M | 33.9 M | 27.3 M | 22.6 M | 28 M | 16.8 M | 3.18 M | 10 M | 12.8 M | 16.5 M | 8.74 M | 12.8 M | 16.5 M | 23.1 M | 16.2 M | 24.5 M | 36.7 M | 38.9 M | 22.5 M | 32.6 M | 33.9 M | 31.6 M | 26.9 M | 21.1 M | 20.5 M | 17.8 M | 14.3 M | 7.95 M | 8.19 M | -2.19 M | 3.46 M | 4.44 M |
Interest Expense |
-725 K | 623 K | 536 K | 1.14 M | 998 K | - | 548 K | 597 K | 550 K | - | 128 K | -847 K | -343 K | - | -659 K | 571 K | 287 K | - | 1 M | 826 K | 1.77 M | - | 999 K | -805 K | 612 K | - | 746 K | 696 K | 450 K | - | 549 K | 455 K | 1.32 M | - | 436 K | 47 K | 646 K | - | 250 K | -15 K | 132 K | - | 138 K | 121 K | 123 K | - | 149 K | 125 K | 138 K | - | 207 K | 206 K | 221 K | - | 196 K | 274 K | 201 K | - | 189 K | 192 K | 211 K |
EBITDA |
67.5 M | 33.1 M | 49 M | 47.2 M | 52.7 M | - | 57.6 M | 46.5 M | 50.5 M | - | 46.4 M | 40.5 M | 45 M | - | 45 M | 57.6 M | 81.5 M | - | 128 M | 110 M | 73.4 M | 50.9 M | 73.2 M | 48.2 M | 35.5 M | 37.8 M | 65.6 M | 49.9 M | 30.9 M | 29.2 M | 57.1 M | 40.9 M | 29.4 M | 28 M | 28.4 M | 8.08 M | 11 M | 12.8 M | 21 M | 11.8 M | 14.3 M | 16.5 M | 28.4 M | 19.6 M | 26.2 M | 36.7 M | 44 M | 25.8 M | 34.3 M | 33.9 M | 36.9 M | 27.5 M | 22.8 M | 20.5 M | 18.2 M | 14.7 M | 8.28 M | 8.19 M | -1.74 M | 3.94 M | 4.93 M |
Operating Expenses |
174 M | 184 M | 169 M | 165 M | 181 M | - | 172 M | 180 M | 190 M | - | 174 M | 174 M | 169 M | - | 166 M | 169 M | 187 M | - | 159 M | 158 M | 155 M | - | 114 M | 106 M | 120 M | - | 110 M | 110 M | 110 M | - | 118 M | 106 M | 106 M | - | 107 M | 90.9 M | 69.7 M | - | 65.8 M | 71.3 M | 67.5 M | - | 69.3 M | 83.4 M | 79.3 M | - | 78.9 M | 90.2 M | 75.2 M | - | 68.8 M | 69.3 M | 65.1 M | - | 54.2 M | 52.6 M | 54.4 M | - | 57.6 M | 45.4 M | 39.7 M |
General and Administrative Expenses |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 200 K | 200 K | - | - | 700 K | 700 K | - | 6 K | 41 K | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Virtus Investment Partners (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.