SEI Investments Company Reports 15% Revenue Growth to $641.6 Million in Q2 2026

SEI Investments Company reported a significant increase in financial performance for the second quarter of 2026, with total revenues reaching $641.6 million, a 15% increase from $559.6 million in the same period last year. For the first half of 2026, revenues totaled $1.26 billion, up 14% from $1.11 billion in the first half of 2025. The company's net income for the second quarter was $199.5 million, down 12% from $227.1 million year-over-year, while net income attributable to SEI Investments Company was $195.7 million, reflecting a 14% decrease. Basic earnings per share were reported at $1.63, compared to $1.82 in the prior year.

The company experienced notable changes in its operational metrics, particularly in asset management, administration, and distribution fees, which increased by 17% to $513.5 million for the quarter, driven by higher assets under administration and market appreciation. Average assets under administration rose by $212.7 billion, or 19%, to $1.3 trillion. Additionally, SEI's strategic acquisition of Stratos Wealth Holdings contributed $40.1 million to revenue during the first half of 2026. However, the company faced challenges with client attrition in its Institutional Investors segment, which partially offset revenue growth.

In terms of operational developments, SEI's total assets increased to $3.32 billion as of June 30, 2026, compared to $3.26 billion at the end of 2025. The company reported a decrease in current liabilities from $387.2 million to $265.5 million, primarily due to a reduction in accrued liabilities. The total equity attributable to SEI shareholders rose to $2.50 billion, up from $2.45 billion at the end of the previous fiscal year. The company also repurchased 3.8 million shares of its common stock for $320.7 million during the first half of 2026.

Looking ahead, SEI Investments Company anticipates continued growth driven by its strategic initiatives and market conditions. The company plans to leverage its recent acquisitions and enhance its technology platforms to improve client services and operational efficiency. However, it remains cautious about potential market volatility and regulatory challenges that could impact its performance. The company expects to maintain sufficient liquidity to support its operational needs and strategic investments, with available cash and cash equivalents totaling $472.5 million as of June 30, 2026.