Invesco Reports 20.5% Revenue Growth and Net Income Recovery in Q2 2026

Invesco Ltd. reported significant financial performance improvements in its latest 10-Q filing for the quarter ending June 30, 2026. The company achieved total operating revenues of $1.826 billion for the second quarter, marking a 20.5% increase from $1.516 billion in the same period last year. For the first half of 2026, revenues reached $3.570 billion, up 17.3% from $3.045 billion in the prior year. The net income attributable to Invesco Ltd. was $345.3 million for the second quarter, a substantial recovery from a net loss of $12.5 million in the same quarter of 2025. Earnings per share (EPS) for the quarter were $0.76, compared to a loss of $0.03 per share in the previous year.

The company’s assets under management (AUM) also saw notable growth, increasing to $2.470 trillion as of June 30, 2026, a 23.4% rise from $2.001 trillion a year earlier. Average AUM for the second quarter was $2.369 trillion, reflecting a 24.8% increase year-over-year. Invesco reported net long-term inflows of $45.1 billion for the quarter, driven primarily by its ETFs and index products, including the Invesco QQQ Trust. The company also experienced $16.9 billion in net inflows into money market funds.

Strategically, Invesco executed a significant restructuring of its Canadian operations, which included the sale of 98 fund management agreements to CI Global Asset Management (CI GAM) and the establishment of a long-term sub-advisory relationship. This transaction generated net proceeds of $62.3 million and resulted in a restructuring benefit of $11.7 million. The company’s headcount decreased to 7,405 employees as of June 30, 2026, down from 8,407 a year prior, largely due to the divestiture of certain business units.

In terms of operational metrics, Invesco's total operating expenses rose to $1.461 billion for the second quarter, a 12.3% increase from $1.301 billion in the same quarter of 2025. The rise in expenses was attributed to higher third-party distribution costs and employee compensation, which increased due to higher revenues and variable compensation costs. The company maintained a strong balance sheet, reducing its debt by $342.7 million during the quarter, and reported a leverage ratio of 0.54:1.00, well below the covenant limit of 3.25:1.00.

Looking ahead, Invesco remains focused on capital management and strategic growth, with plans to continue returning capital to shareholders through share repurchases and dividends. The company declared a cash dividend of $0.215 per common share for the second quarter of 2026, payable on September 2, 2026. Invesco's management expressed confidence in its ability to navigate market conditions and capitalize on growth opportunities, while also emphasizing the importance of maintaining a strong balance sheet.