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How Affiliated Managers Group (AMG) makes money

Affiliated Managers Group (AMG) made $641M of revenue in the second quarter 2026 (Q2 2026), +30% from a year earlier. Of every dollar of revenue, 48¢ was left as operating profit, 29¢ was left as net earnings.

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Affiliated Managers Group revenue by quarterAffiliated Managers Group revenue by quarter$524MQ4 2024$497MQ1 2025$493MQ2 2025$528MQ3 2025$557MQ4 2025$545MQ1 2026$641MQ2 2026
Affiliated Managers Group: where each dollar of revenue goesAffiliated Managers Group: where each dollar of revenue goesOperating profit48¢Income tax11¢Net earnings29¢Operating cash flow37¢

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$641M100.0%
Operating profit$307M48.0%
Income tax$70.0M10.9%
Net earnings$186M29.0%
Operating cash flow$239M37.3%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$641M+30%
Q1 2026$545M+10%
Q4 2025$557M+6%
Q3 2025$528M+2%
Q2 2025$493M-1%
Q1 2025$497M-0.7%
Q4 2024$524M+4%

From Affiliated Managers Group's 10-Q filed Aug 7, 2026 (on EDGAR).

Questions

How does Affiliated Managers Group make money?

Affiliated Managers Group (AMG) made $641M of revenue in the second quarter 2026 (Q2 2026), +30% from a year earlier. Of every dollar of revenue, 48¢ was left as operating profit, 29¢ was left as net earnings.

What is Affiliated Managers Group's profit margin?

Net earnings were $186M, 29.0% of revenue, in the second quarter 2026; the operating margin was 48.0%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.