---
schema_version: "secwatch.filing_event.v1"
accession: "0001517302-23-000039"
form_type: "8-K"
ticker: "APAM"
cik: "0001517302"
company_name: "Artisan Partners Asset Management Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:22:15.637254+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Artisan Partners Q1 2023 GAAP EPS $0.72, revenue falls 17% YoY; AUM rises 8% QoQ to $138.5B

## Summary
- GAAP net income $50.8M ($0.72 EPS); adjusted net income $51.8M ($0.64 adjusted EPS).
- Revenue $234.5M, down 17% YoY due to lower average AUM; operating margin 29.1% vs 38.0% YoY.
- AUM $138.5B at quarter end, up $10.6B QoQ driven by $11.9B investment returns offset by $1.3B net outflows.
- Declared variable quarterly dividend of $0.50/share, payable May 31, 2023 to holders of record May 17.
- CEO highlights 10-year totals: $16.7B excess returns, $32.37 total dividends per share, AUM growth from $83B to $138B.

## SEC filing metadata
- accession: 0001517302-23-000039
- form_type: 8-K
- ticker: APAM
- cik: 0001517302
- company_name: Artisan Partners Asset Management Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1517302/000151730223000039/0001517302-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1517302/000151730223000039/apam-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001517302-23-000039
- JSON: https://secwatch.observer/filing/0001517302-23-000039.json
- Plain text: https://secwatch.observer/filing/0001517302-23-000039.txt

## Key facts
- Earnings Releases
  Artisan Partners Asset Management Inc. reported financial results for the three months ended March 31, 2023.
  - Period: the three months ended March 31, 2023
  - Result: reported results
  source text: On May 2, 2023 , Artisan Partners Asset Management Inc. (the “Company”) issued a press release announcing the availability of certain consolidated financial and operating results for the three months ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517302/000151730223000039/0001517302-23-000039-index.htm

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