Filing Flows › Invesco (IVZ) › Q3 2026 › vs Q2 2026
Invesco (IVZ) Q3 2026 vs Q2 2026 (quarter over quarter)
Invesco's revenue rose $47.6M (+3%) from $1.8B in Q2 2026 to $1.9B in Q3 2026. The biggest changes: Investment management fees +$50.4M (+3%); Other −$4.4M (-9%); Service and distribution fees +$3.3M (+1%). Operating margin 23.3% against 19.9% (+3.4 pts).
Invesco, Q3 2026: revenue $1.9B (+14% year over year), operating margin 23.3%, net earnings $294M, operating cash flow $475M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 23.3% | 19.9% | +3.4 pts |
| Net margin | 15.7% | 18.9% | -3.2 pts |
| Free cash flow margin | 23.6% | 38.5% | -14.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Investment management fees | $1.5B | $1.5B | $50.4M | +3% |
| Service and distribution fees | $313M | $310M | $3.3M | +1% |
| Other | $45.8M | $50.2M | −$4.4M | -9% |
| Revenue | $1.9B | $1.8B | $47.6M | +3% |
| Other income, net | $27.4M | $91.2M | −$63.8M | -70% |
| Operating profit | $436M | $364M | $72.3M | +20% |
| Costs & expenses | $1.4B | $1.5B | −$24.7M | -2% |
| Pre-tax earnings | $464M | $455M | $8.5M | +2% |
| General & admin | $149M | $134M | $15.9M | +12% |
| Other operating costs | $1.3B | $1.3B | −$40.6M | -3% |
| Net earnings | $294M | $345M | −$50.8M | -15% |
| Minority interests | $61.1M | −$6.4M | $67.5M | — |
| Income tax | $108M | $116M | −$8.2M | -7% |
| Depreciation & amortization | $31.6M | $32.2M | −$600K | -2% |
| Share-based compensation | $26.6M | $31.3M | −$4.7M | -15% |
| Working capital & other | $122M | $325M | −$203M | -62% |
| Operating cash flow | $475M | $734M | −$259M | -35% |
| Free cash flow (OCF − capex) | $443M | $704M | −$261M | -37% |
| Capital expenditures | $32.2M | $30.5M | $1.7M | +6% |
Questions
How much did Invesco's revenue grow quarter over quarter in Q3 2026?
Invesco's revenue rose $47.6M (+3%) from $1.8B in Q2 2026 to $1.9B in Q3 2026.
What drove Invesco's revenue change in Q3 2026?
Investment management fees +$50.4M (+3%); Other −$4.4M (-9%); Service and distribution fees +$3.3M (+1%).