Victory Capital (VCTR) revenue breakdown
By product, Investment Management Fees is the largest at 80% of fiscal 2025 revenue; Fund Administration and Distribution Fees grew fastest, 20% a year over 8 years.
Revenue by product
Fiscal years, as Victory Capital reports them in its 10-K filings; fiscal 2025 total $1.3B.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Investment Management Fees | $353M | $353M | $467M | $562M | $675M | $665M | $641M | $705M | $1.0B | 80% |
| Fund Administration and Distribution Fees | $61M | $61M | $146M | $213M | $216M | $190M | $180M | $189M | $261M | 20% |
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Where does Victory Capital make its money?
In fiscal 2025, by product: Investment Management Fees $1.0B, Fund Administration and Distribution Fees $261M.
From Victory Capital's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.