---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-057171"
form_type: "8-K"
ticker: "VCTR"
cik: "0001570827"
company_name: "Victory Capital Holdings, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:55:50.115104+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Victory Capital Q1: GAAP EPS $0.84, adj. $1.25; AUM $175.5B; dividend up 10%; Amundi deal MOU

## Summary
- GAAP net income $0.84 per diluted share; adjusted net income with tax benefit $1.25 per diluted share.
- Long-term gross flows $7.0B, net flows ($1.0B); net flows turned positive in March, best in over a year.
- GAAP operating margin 39.3%, adjusted EBITDA margin 52.1%; revenue and adjusted EBITDA highest in six quarters.
- Board authorized 10% increase in quarterly cash dividend to $0.37 per share, payable in June 2024.
- Post-quarter, non-binding MOU with Amundi to combine Amundi US and establish 15-year distribution agreements; definitive agreement target by end of June.

## SEC filing metadata
- accession: 0000950170-24-057171
- form_type: 8-K
- ticker: VCTR
- cik: 0001570827
- company_name: Victory Capital Holdings, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1570827/000095017024057171/0000950170-24-057171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1570827/000095017024057171/vctr-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-057171
- JSON: https://secwatch.observer/filing/0000950170-24-057171.json
- Plain text: https://secwatch.observer/filing/0000950170-24-057171.txt

## Key facts
- Earnings Releases
  Victory Capital Holdings, Inc. reported the three months ended March 31, 2024 results: net income GAAP net income of $0.84 per diluted share, EPS GAAP net income of $0.84 per diluted share.
  - Period: the three months ended March 31, 2024
  - Net income: GAAP net income of $0.84 per diluted share
  - EPS: GAAP net income of $0.84 per diluted share
  - Result: reported results
  source text: On May 9, 2024, Victory Capital Holdings, Inc., (the “Company”) issued a press release (the “Earnings Press Release”) reporting results for the three months ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1570827/000095017024057171/0000950170-24-057171-index.htm

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