Invesco reported FY 2025 operating revenues of USD 6.4 billion (+5.1%), with net revenues (non-GAAP) of USD 4.7 billion (+5.9%). FY 2025 net loss attributable to shareholders was USD 726.3 million and diluted EPS was USD (1.60); adjusted net income (non-GAAP) was USD 922.0 million and adjusted diluted EPS was USD 2.03. Operating loss was USD 695.7 million, while adjusted operating income (non-GAAP) was USD 1.6 billion and adjusted operating margin (non-GAAP) was 33.4%. Invesco ended FY 2025 with AUM of USD 2.2 trillion and average AUM of USD 2.0 trillion; net revenue yield excluding performance fees was 23.0 bps. Investment management fees were USD 4.6 billion (+6.3%), service and distribution fees were USD 1.5 billion (+2.6%), and performance fees were USD 41.5 million (-10.6%). The company recorded USD 1.8 billion of amortization and impairment of intangibles, including a USD 1.8 billion non-cash impairment tied to indefinite-lived intangible assets related to prior acquisitions of U.S. retail mutual fund management contracts. Business updates included the full repayment of a USD 500.0 million three-year term loan in FY 2025 and year-end cash and cash equivalents of USD 1.0 billion; Invesco also redeemed USD 500.0 million of senior notes maturing January 15, 2026. In FY 2025, Invesco repurchased 5.4 million common shares for USD 100.4 million and repurchased USD 1.5 billion of its Series A preferred stock. The company amended and restated its revolving credit facility, increasing capacity to USD 2.5 billion and extending maturity to May 16, 2030. Invesco also highlighted new strategic partnerships with Barings and LGT Capital Partners focused on multi-alternative private markets solutions for U.S. wealth and retirement channels, the conversion of Invesco QQQ Trust from a UIT to an open-end fund ETF on December 20, 2025 (including a reduced expense ratio), and the completed sales of the intelliflo business and 60% of its Invesco Asset Management (India) stake; it also announced an agreement (January 13, 2026) to sell Canadian fund management agreements to CI Global Asset Management alongside a sub-advisory partnership covering about USD 9.0 billion of AUM.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Invesco Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000914208-26-000079), on February 24, 2026, and is solely responsible for the information contained therein.
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