---
schema_version: "secwatch.filing_event.v1"
accession: "0000350894-23-000069"
form_type: "8-K"
ticker: "SEIC"
cik: "0000350894"
company_name: "SEI INVESTMENTS CO"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:30:29.846362+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SEI Q2 2023 EPS $0.89 beats prior year; revenue up 2% to $489M

## Summary
- Diluted EPS $0.89 vs $0.81 YoY; net income $118.9M (+7%).
- Revenue $489.1M (+2% YoY); Private Banks +8%, Investment Managers +6%, Advisors -3%.
- One-time early buyout fee of $10.5M boosted Private Banks revenue.
- Repurchased 1.3M shares for $75.5M at avg $58.56 during Q2.
- Cash flow from operations $68.2M; free cash flow $53.4M.

## SEC filing metadata
- accession: 0000350894-23-000069
- form_type: 8-K
- ticker: SEIC
- cik: 0000350894
- company_name: SEI INVESTMENTS CO
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/350894/000035089423000069/0000350894-23-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/350894/000035089423000069/seic-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000350894-23-000069
- JSON: https://secwatch.observer/filing/0000350894-23-000069.json
- Plain text: https://secwatch.observer/filing/0000350894-23-000069.txt

## Key facts
- Earnings Releases
  SEI INVESTMENTS CO reported second quarter ended June 30, 2023 results: revenue $489,057, net income $118,851, EPS $0.89.
  - Period: second quarter ended June 30, 2023
  - Revenue: $489,057
  - Net income: $118,851
  - EPS: $0.89
  - Result: reported results
  source text: 2022. Consolidated Overview (In thousands, except earnings per share) For the Three Months Ended June 30, For the Six Months Ended June 30, 2023 2022 % 2023 2022 % Revenues $489,057 $481,670 2% $958,176 $1,063,113 (10)% Net income 118,851 111,276 7% 225,866 301,584 (25)% Diluted earnings per share $0.89 $0.81 10% $1.68 $2.17 (23)% “Our second-quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/350894/000035089423000069/0000350894-23-000069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.