---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000237"
form_type: "8-K"
ticker: "VCTR"
cik: "0001570827"
company_name: "Victory Capital Holdings, Inc."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T20:17:42.131267+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Victory Capital reports record FY2022 GAAP operating income; Q4 AUM $153B, dividend up 28%

## Summary
- GAAP net income $0.74 diluted EPS in Q4; adjusted net income $1.05 diluted EPS (with tax benefit).
- Full year 2022 GAAP operating margin 39.5%; adjusted EBITDA margin 49.6% (second highest annual).
- Q4 long-term gross flows $6.5B, net flows -$4.4B; full year gross $33.3B, net -$2.5B.
- Board increased regular quarterly cash dividend 28% to $0.32 per share.
- Repurchased 4.6M shares and paid $69M dividends; reduced debt by $150M in 2022.

## SEC filing metadata
- accession: 0001157523-23-000237
- form_type: 8-K
- ticker: VCTR
- cik: 0001570827
- company_name: Victory Capital Holdings, Inc.
- filed_at: 2023-02-09T23:59:59+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/1570827/000115752323000237/0001157523-23-000237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1570827/000115752323000237/a53313938.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000237
- JSON: https://secwatch.observer/filing/0001157523-23-000237.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000237.txt

## Key facts
- Earnings Releases
  Victory Capital Holdings, Inc. reported the three months and year ended December 31, 2022 results: EPS $0.74 per diluted share.
  - Period: the three months and year ended December 31, 2022
  - EPS: $0.74 per diluted share
  - Result: reported results
  source text: Victory Capital Holdings, Inc., (the “Company”) issued a press release (the “Earnings Press Release”) reporting results for the three months and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1570827/000115752323000237/0001157523-23-000237-index.htm

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