Filing Flows › Invesco (IVZ) › Q2 2026
Invesco (IVZ) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Invesco (IVZ) reported revenue of $1.8B for the second quarter 2026 (Q2 2026), +20% from a year earlier and +5% from the quarter before. Operating margin was 19.9%, net earnings $345M (18.9% of revenue).
Invesco, Q2 2026: revenue $1.8B (+20% year over year), operating margin 19.9%, net earnings $345M, operating cash flow $734M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +5% | +20% |
| Operating profit | $364M | +9% | +70% |
| Net earnings | $345M | +50% | — |
| Operating cash flow | $734M | +245% | +34% |
| Free cash flow | $704M | +255% | +33% |
What changed
Revenue was $1.8B in Q2 2026, up 20% year over year and up 5% from the previous quarter. Investment management fees was the largest line at 80% of revenue. Investment management fees added $0.36B year over year (up 33%), 116% of the total change. Service and distribution fees declined 15%.
Operating profit was $0.36B, a 19.9% margin (up 5.8 points year over year). Of the extra revenue versus Q2 2025, 48% reached operating profit, above the 14% margin then. Total costs grew 12% against revenue growth of 20%. The fastest-growing cost line was Other operating costs (+14%). Net earnings were $0.35B ($0.34B including minority interests, which bore $0.01B of losses). The effective tax rate was 25.6%. Non-operating items added $0.09B, 20% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.73B (up 34% year over year), 217% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.33B. Capital expenditures of $0.03B left free cash flow of $0.70B.
Questions
What was Invesco's revenue in the second quarter 2026?
Invesco (IVZ) reported revenue of $1.8B for the second quarter 2026 (Q2 2026), +20% from a year earlier and +5% from the quarter before.
Was Invesco profitable in the second quarter 2026?
Operating profit was $364M (19.9% of revenue) and net earnings $345M.
Source: Invesco 10-Q on SEC EDGAR.