---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001634"
form_type: "8-K"
ticker: "VCTR"
cik: "0001570827"
company_name: "Victory Capital Holdings, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:16:40.588341+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Victory Capital Q3: GAAP EPS $0.77, adj. EPS $1.18; EBITDA margin 51.1%

## Summary
- Long-term net outflows of $1.7B improved from Q2; gross inflows totaled $5.3B.
- GAAP operating margin 38%; Adjusted EBITDA margin 51.1%, 13th consecutive quarter above 49% target.
- GAAP diluted EPS $0.77; adjusted diluted EPS $1.18 with tax benefit; revenue highest in over a year.
- AUM $153.5B; 70% of AUM outperformed benchmarks over 1-year (63% in June); 82% over 5-years.

## SEC filing metadata
- accession: 0001157523-23-001634
- form_type: 8-K
- ticker: VCTR
- cik: 0001570827
- company_name: Victory Capital Holdings, Inc.
- filed_at: 2023-11-02T23:59:59+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/1570827/000115752323001634/0001157523-23-001634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1570827/000115752323001634/a53739167.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001634
- JSON: https://secwatch.observer/filing/0001157523-23-001634.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001634.txt

## Key facts
- Earnings Releases
  Victory Capital Holdings, Inc. reported financial results for the three and nine month periods ended September 30, 2023.
  - Period: the three and nine month periods ended September 30, 2023
  - Result: reported results
  source text: On November 2, 2023, Victory Capital Holdings, Inc., (the “Company”) issued a press release (the “Earnings Press Release”) reporting results for the three and nine month periods ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1570827/000115752323001634/0001157523-23-001634-index.htm

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