---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000746"
form_type: "8-K"
ticker: "VCTR"
cik: "0001570827"
company_name: "Victory Capital Holdings, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:54:33.877738+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Victory Capital Q1 2023: GAAP EPS $0.71, adj EPS $1.08; EBITDA margin 49.3%

## Summary
- AUM $158.6B; long-term gross inflows $5.8B, net outflows $1.2B.
- GAAP operating margin 37.0%; adjusted EBITDA margin 49.3% (11th consecutive quarter above 49%).
- GAAP diluted EPS $0.71; adjusted diluted EPS $1.08 (with tax benefit).
- Board authorized $100M share repurchase plan; 1.4M shares repurchased in Q1.
- Declared $0.32 quarterly cash dividend.

## SEC filing metadata
- accession: 0001157523-23-000746
- form_type: 8-K
- ticker: VCTR
- cik: 0001570827
- company_name: Victory Capital Holdings, Inc.
- filed_at: 2023-05-04T23:59:59+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/1570827/000115752323000746/0001157523-23-000746-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1570827/000115752323000746/a53393951.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000746
- JSON: https://secwatch.observer/filing/0001157523-23-000746.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000746.txt

## Key facts
- Earnings Releases
  Victory Capital Holdings, Inc. reported the quarter ended March 31, 2023 results: EPS $0.71 per diluted share.
  - Period: the quarter ended March 31, 2023
  - EPS: $0.71 per diluted share
  - Result: reported results
  source text: First Quarter 2023 Highlights Total Assets Under Management of $158.6 billion 1 Long-term gross flows of $5.8 billion Long-term net flows of -$1.2 billion GAAP operating margin of 37.0% Adjusted EBITDA margin of 49.3% 2 GAAP net income of $0.71 per diluted share Adjusted net income with tax benefit of $1.08 per diluted share 2 Board authorizes regular $0.32 quarterly cash dividend SAN ANTONIO, Texas--(BUSINESS WIRE)--May 4, 2023--Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or “the Company”) today reported financial results for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1570827/000115752323000746/0001157523-23-000746-index.htm

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