Invesco Ltd.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Invesco Ltd. reported revenue of $6.4B (+5.1% year on year) and net income of ($726.3M) (-235.0% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Total operating revenues | $6.4B | $6.1B | $5.7B | $6.0B |
| Third-party distribution, service and advisory | $2.1B | $2.0B | $1.8B | $1.9B |
| Employee compensation | $2.0B | $2.0B | $1.9B | $1.7B |
| Marketing | $84.0M | $81.3M | $103.4M | $114.9M |
| Property, office and technology | $450.0M | $474.3M | $546.0M | $539.8M |
| General and administrative | $576.5M | $594.7M | $450.4M | $380.2M |
| Transaction, integration and restructuring | $0 | $0 | $41.6M | $21.2M |
| Amortization and impairment of intangible assets | $1.8B | $44.8M | $1.3B | — |
| Total operating expenses | $7.1B | $5.2B | $6.2B | $4.7B |
| Operating income/(loss) | ($695.7M) | $832.1M | ($434.8M) | $1.3B |
| Equity in earnings of unconsolidated affiliates | $104.8M | $43.0M | $71.3M | $106.1M |
| Interest and dividend income | $53.9M | $58.9M | $47.8M | $24.4M |
| Interest expense | ($82.5M) | ($58.0M) | ($70.5M) | ($85.2M) |
| Other gains/(losses), net | $55.9M | $47.7M | $98.0M | ($139.5M) |
| Other income/(expense) of CIP, net | $184.2M | $81.6M | $50.3M | $24.2M |
| Income/(loss) before income taxes | ($379.4M) | $1.0B | ($237.9M) | $1.2B |
| Income tax benefit/(provision) | $204.6M | ($252.9M) | $69.7M | ($322.2M) |
| Net income/(loss) | ($174.8M) | $752.4M | ($168.2M) | $925.5M |
| Net (income)/loss attributable to noncontrolling interests in consolidated entities | ($106.9M) | $22.4M | $71.3M | ($4.8M) |
| Dividends declared on preferred shares | -204.6M | -236.8M | -236.8M | -236.8M |
| Cost of preferred share repurchase | ($240.0M) | — | — | — |
| Net income/(loss) attributable to Invesco Ltd. | ($726.3M) | $538.0M | ($333.7M) | — |
| -basic (in usd per share) | -$1.60 | $1.18 | -$0.73 | $1.50 |
| -diluted (usd per share) | -$1.60 | $1.18 | -$0.73 | $1.49 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Total operating revenues | $1.8B | $1.7B | $1.6B | $1.5B |
| Third-party distribution, service and advisory | $627.1M | $601.4M | $558.3M | $500.7M |
| Employee compensation | $546.7M | $512.7M | $521.6M | $510.4M |
| Marketing | $36.7M | $37.4M | $20.1M | $23.1M |
| Property, office and technology | $109.3M | $104.6M | $109.2M | $118.2M |
| General and administrative | $133.5M | $147.1M | $151.3M | $139.2M |
| Amortization of intangible assets | $8.1M | $8.1M | $9.0M | $9.7M |
| Total operating expenses | $1.5B | $1.4B | $1.4B | $1.3B |
| Operating income | $364.2M | $333.2M | $270.9M | $214.2M |
| Equity in earnings of unconsolidated affiliates | $35.1M | $34.0M | $34.8M | $25.0M |
| Interest and dividend income | $9.9M | $9.2M | $10.5M | $10.5M |
| Interest expense | ($23.6M) | ($24.3M) | ($25.7M) | ($20.7M) |
| Other gains/(losses), net | $105.8M | ($400.0K) | ($800.0K) | $59.7M |
| Other income/(expense) of CIP, net | ($36.0M) | ($51.5M) | $57.0M | ($14.3M) |
| Income before income taxes | $455.4M | $300.2M | $346.7M | $274.4M |
| Income tax provision | ($116.5M) | ($81.1M) | $9.7M | ($77.0M) |
| Net income | $338.9M | $219.1M | $356.4M | $197.4M |
| Net (income)/loss attributable to noncontrolling interests in consolidated entities | $43.4M | $49.5M | ($10.7M) | ($6.0M) |
| Dividends declared on preferred shares | -37.0M | -38.2M | -44.4M | -56.6M |
| Net income/(loss) attributable to Invesco Ltd. | $345.3M | $230.4M | $301.3M | ($12.5M) |
| basic (in USD per share) | $0.77 | $0.51 | $0.67 | -$0.03 |
| diluted (in USD per share) | $0.76 | $0.51 | $0.66 | -$0.03 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $1.0B | $986.5M | $1.5B | $1.2B |
| Accounts receivable | $884.7M | $740.8M | $701.5M | $801.8M |
| Investments | $1.4B | $1.2B | $919.1M | $996.6M |
| Other assets | $857.6M | $1.1B | $832.6M | $860.5M |
| Property, equipment and software, net | $378.9M | $479.0M | $599.5M | $561.1M |
| Intangible assets, net | $3.9B | $5.7B | $5.8B | $7.1B |
| Goodwill | $8.5B | $8.3B | $8.7B | $8.6B |
| Investments and other assets of CIP | $10.1B | $8.4B | — | — |
| Total assets | $27.1B | $27.0B | $28.9B | $29.8B |
| Accrued compensation and benefits | $1.1B | $1.0B | $900.4M | $860.8M |
| Accounts payable and accrued expenses | $1.3B | $1.3B | $1.3B | $1.3B |
| Debt | $1.8B | $890.6M | $1.5B | $1.5B |
| Deferred tax liabilities, net | $901.5M | $1.3B | $1.3B | $1.7B |
| Debt and other liabilities of CIP | $9.0B | $6.9B | $7.1B | $6.6B |
| Total liabilities | $14.1B | $11.3B | $13.0B | $12.9B |
| Redeemable noncontrolling interests in consolidated entities | $75.4M | $544.7M | $745.7M | $998.7M |
| Preferred shares ($0.20 par value; $1,000 liquidation preference; 4.0 million authorized and issued; 2.5 million outstanding as of December 31, 2025 (December 31, 2024: 4.0 million outstanding) | 2.5B | 4.0B | 4.0B | 4.0B |
| Common shares ($0.20 par value; 1,050.0 million authorized; 566.1 million shares issued as of December 31, 2025 and 2024) | 113.2M | 113.2M | 113.2M | 113.2M |
| Additional paid-in-capital | $7.3B | $7.3B | $7.5B | $7.6B |
| Treasury shares | -2.8B | -2.9B | -3.0B | -3.0B |
| Retained earnings | $5.9B | $7.0B | $6.8B | $7.5B |
| Accumulated other comprehensive income/(loss), net of tax | ($722.9M) | ($1.0B) | ($801.8M) | ($942.4M) |
| Total equity attributable to Invesco Ltd. | $12.2B | $14.6B | $14.6B | $15.2B |
| Equity attributable to nonredeemable noncontrolling interests in consolidated entities | $698.5M | $564.2M | $572.7M | $629.9M |
| Total permanent equity | $12.9B | $15.1B | $15.2B | $15.8B |
| Total liabilities, temporary and permanent equity | $27.1B | $27.0B | $28.9B | $29.8B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $915.4M | $806.9M | $973.1M | $922.7M |
| Accounts receivable | $805.5M | $911.1M | $810.5M | $747.1M |
| Investments | $1.5B | $1.3B | $1.2B | $1.1B |
| Other assets | $1.0B | $971.6M | $1.4B | $1.2B |
| Property, equipment and software, net | $370.2M | $364.9M | $387.7M | $453.6M |
| Intangible assets, net | $3.9B | $3.9B | $5.7B | $5.8B |
| Goodwill | $8.4B | $8.4B | $8.5B | $8.6B |
| Investments and other assets of consolidated investment products (CIP) | $10.6B | $10.1B | $9.6B | $9.7B |
| Total assets | $27.5B | $26.8B | $28.4B | $28.5B |
| Accrued compensation and benefits | $810.8M | $578.8M | $893.0M | $716.4M |
| Accounts payable and accrued expenses | $1.6B | $1.5B | $1.5B | $1.4B |
| Debt | $1.6B | $2.0B | $1.6B | $1.9B |
| Deferred tax liabilities, net | $942.0M | $942.4M | $1.3B | $1.3B |
| Debt and other liabilities of CIP | $9.0B | $8.6B | $8.3B | $8.2B |
| Total liabilities | $14.0B | $13.6B | $13.6B | $13.5B |
| Redeemable noncontrolling interests in consolidated entities | $363.3M | $325.2M | $150.5M | $531.6M |
| Preferred shares ($0.20 par value; $1,000 liquidation preference; 4.0 million authorized and issued; 2.5 million outstanding as of June 30, 2026 (December 31, 2025: 2.5 million outstanding) | 2.5B | 2.5B | 3.0B | 3.0B |
| Common shares ($0.20 par value; 1,050.0 million authorized; 566.1 million shares issued as of June 30, 2026 and December 31, 2025) | 113.2M | 113.2M | 113.2M | 113.2M |
| Additional paid-in-capital | $7.2B | $7.2B | $7.3B | $7.3B |
| Treasury shares | -2.8B | -2.8B | -2.8B | -2.8B |
| Retained earnings | $6.3B | $6.0B | $7.2B | $7.0B |
| Accumulated other comprehensive income/(loss), net of tax | ($811.5M) | ($799.0M) | ($735.7M) | ($664.2M) |
| Total equity attributable to Invesco Ltd. | $12.5B | $12.3B | $14.0B | $13.9B |
| Equity attributable to nonredeemable noncontrolling interests in consolidated entities | $635.0M | $682.1M | $636.2M | $554.2M |
| Total permanent equity | $13.1B | $12.9B | $14.6B | $14.4B |
| Total liabilities, temporary and permanent equity | $27.5B | $26.8B | $28.4B | $28.5B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income/(loss) | ($174.8M) | $752.4M | ($168.2M) | $925.5M |
| Amortization and depreciation | $155.9M | $179.6M | $182.8M | $195.3M |
| Impairment of intangible assets | $1.8B | $0 | $1.2B | — |
| Common share-based compensation expense | $80.0M | $104.6M | $114.6M | $106.2M |
| Other (gains)/losses, net | ($52.4M) | ($45.1M) | ($97.3M) | $139.5M |
| Other (gains)/losses of CIP, net | ($67.9M) | $57.9M | $176.3M | $126.9M |
| Equity in earnings of unconsolidated affiliates | ($104.8M) | ($43.0M) | ($71.3M) | ($106.1M) |
| Distributions from equity method investees | $46.8M | $82.1M | $69.4M | $74.2M |
| (Purchase)/sale of investments by CIP, net | $41.3M | $17.1M | ($50.8M) | ($359.2M) |
| (Purchase)/sale of investments, net | $22.7M | ($61.8M) | $69.4M | ($27.6M) |
| (Increase)/decrease in receivables and other assets | ($5.6M) | $319.7M | — | — |
| Increase/(decrease) in payables and other liabilities | ($210.8M) | ($173.5M) | — | — |
| Net cash provided by/(used in) operating activities | $1.5B | $1.2B | $1.3B | $703.2M |
| Purchase of property, equipment and software | ($84.3M) | ($69.1M) | ($164.3M) | ($192.9M) |
| Purchase of investments by CIP | ($5.4B) | ($4.1B) | ($3.2B) | ($2.7B) |
| Sale of investments by CIP | $4.2B | $4.5B | $3.1B | $2.6B |
| Purchase of investments | ($39.2M) | ($293.2M) | ($65.2M) | ($217.8M) |
| Sale of investments | $0 | $200.0K | $26.8M | $97.9M |
| Capital distribution from equity method investees | $63.1M | $126.8M | $23.3M | $32.6M |
| Proceeds from sale of businesses | $236.5M | — | — | — |
| Other investing activities | $0 | $0 | $46.2M | — |
| Net cash inflows/(outflows) upon consolidation/deconsolidation of CIP | $600.0K | ($41.1M) | ($8.3M) | ($16.6M) |
| Net cash provided by/(used in) investing activities | ($974.4M) | $68.4M | ($244.3M) | ($375.6M) |
| Purchases of treasury shares | -123.6M | -79.3M | -187.5M | -244.7M |
| Repurchase of preferred shares | -1.7B | — | — | — |
| Dividends paid - preferred | ($204.6M) | ($236.8M) | ($236.8M) | ($236.8M) |
| Dividends paid - common | ($377.3M) | ($371.5M) | ($357.9M) | ($334.8M) |
| Third-party capital invested into CIP | $214.9M | $150.0M | $201.2M | $709.2M |
| Third-party capital distributed by CIP | ($194.3M) | ($201.1M) | ($255.6M) | ($284.8M) |
| Borrowings of debt of CIP | $4.9B | $1.5B | $703.0M | $30.1M |
| Repayments of debt of CIP | ($3.5B) | ($1.8B) | ($451.8M) | ($5.1M) |
| Borrowings of Revolving Credit Agreement | $2.8B | $2.3B | — | — |
| Repayments of Revolving Credit Agreement | ($2.4B) | ($2.3B) | — | — |
| Net proceeds from Term Loan Agreements | $992.7M | — | — | — |
| Repayment of debts | ($500.0M) | — | — | — |
| Net cash provided by/(used in) financing activities | ($149.5M) | ($1.7B) | ($585.4M) | ($966.9M) |
| Increase/(decrease) in cash and cash equivalents | $401.4M | ($403.2M) | $471.1M | ($639.3M) |
| Foreign exchange movement on cash and cash equivalents | $45.5M | ($30.3M) | $24.0M | ($68.6M) |
| Foreign exchange movement on cash and cash equivalents of CIP | $36.9M | ($2.1M) | — | ($5.1M) |
| Cash and cash equivalents, beginning of period | $1.5B | $1.9B | $1.4B | $1.4B |
| Cash and cash equivalents, end of period | $2.0B | $1.5B | $1.9B | — |
| Cash and cash equivalents | $1.0B | $986.5M | $1.5B | $1.2B |
| Cash and cash equivalents of CIP | $942.3M | $509.5M | $462.4M | $199.4M |
| Total cash and cash equivalents per consolidated statement of cash flows | $2.0B | $1.5B | $1.9B | — |
| Interest paid | ($77.2M) | ($53.6M) | ($68.2M) | ($67.4M) |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $558.0M | $219.1M | $821.1M | $464.7M |
| Amortization and depreciation | $65.4M | $33.2M | $119.9M | $81.6M |
| Impairment of leased assets | $3.6M | — | — | — |
| Common share-based compensation expense | $65.3M | $34.0M | $59.8M | $38.9M |
| Other (gains)/losses, net | ($105.0M) | $700.0K | ($31.6M) | ($33.1M) |
| Other (gains)/losses of CIP, net | $165.3M | $94.6M | ($27.7M) | ($10.8M) |
| Equity in earnings of unconsolidated affiliates | ($69.1M) | ($34.0M) | ($79.4M) | ($44.6M) |
| Distributions from equity method investees | $8.5M | $4.4M | $40.7M | $1.5M |
| (Purchase)/sale of investments by CIP, net | ($75.5M) | ($19.8M) | $57.0M | $39.4M |
| (Purchase)/sale of investments, net | $101.8M | $107.2M | $81.5M | $84.5M |
| (Increase)/decrease in receivables and other assets | ($57.1M) | ($172.1M) | ($123.2M) | ($26.1M) |
| Increase/(decrease) in payables and other liabilities | $285.6M | ($54.7M) | $151.4M | ($132.7M) |
| Net cash provided by/(used in) operating activities | $946.8M | $212.6M | $1.1B | $463.3M |
| Purchase of property, equipment and software | ($44.7M) | ($14.2M) | ($60.7M) | ($40.9M) |
| Purchase of investments by CIP | ($3.2B) | ($1.5B) | ($3.1B) | ($1.9B) |
| Sale of investments by CIP | $1.8B | $731.3M | $2.5B | $1.5B |
| Purchase of investments | ($49.4M) | ($4.3M) | ($30.0M) | ($23.9M) |
| Sale of investments | $0 | — | $100.0K | $100.0K |
| Capital distribution from equity method investees | $11.9M | $8.3M | $59.7M | $74.4M |
| Proceeds from sale of management agreements | $62.3M | — | — | — |
| Net cash inflows/(outflows) upon consolidation/deconsolidation of CIP | ($100.0K) | — | ($1.7M) | $0 |
| Net cash provided by/(used in) investing activities | ($1.4B) | ($733.2M) | ($622.2M) | ($367.4M) |
| Purchases of treasury shares | -119.6M | -69.2M | -97.8M | -68.6M |
| Repurchase of preferred shares | 0 | — | -1.1B | -1.1B |
| Dividends paid - preferred | ($75.2M) | ($38.2M) | ($160.2M) | ($115.8M) |
| Dividends paid - common | ($192.1M) | ($95.3M) | ($282.7M) | ($187.7M) |
| Third-party capital invested into CIP | $383.9M | $327.8M | $176.9M | $107.3M |
| Third-party capital distributed by CIP | ($71.3M) | ($49.8M) | ($157.2M) | ($133.4M) |
| Borrowings of debt of CIP | $2.0B | $1.5B | $3.0B | $2.1B |
| Repayments of debt of CIP | ($1.6B) | ($1.5B) | ($2.5B) | ($1.7B) |
| Borrowings of Revolving Credit Agreement | $2.5B | $1.7B | $2.1B | $1.7B |
| Repayments of Revolving Credit Agreement | ($2.2B) | ($1.0B) | ($2.1B) | ($1.7B) |
| Net proceeds from Term Loan Agreements | $0 | — | $992.7M | $992.7M |
| Repayment of debts | ($500.0M) | ($500.0M) | ($260.0M) | — |
| Net cash provided by/(used in) financing activities | $150.7M | $271.3M | ($505.6M) | ($195.5M) |
| Increase/(decrease) in cash and cash equivalents | ($341.2M) | ($249.3M) | ($58.3M) | ($99.6M) |
| Foreign exchange movement on cash and cash equivalents | ($16.2M) | ($14.0M) | $49.7M | $59.4M |
| Foreign exchange movement on cash and cash equivalents of CIP | ($12.1M) | ($10.4M) | $36.4M | $36.1M |
| Cash and cash equivalents, beginning of period | $2.0B | $2.0B | $1.5B | $1.5B |
| Cash and cash equivalents, end of period | $1.6B | $1.7B | $1.5B | $1.5B |
| Cash and cash equivalents | $915.4M | $806.9M | $973.1M | $922.7M |
| Cash and cash equivalents of CIP | $694.9M | $899.2M | $550.7M | $569.2M |
| Total cash and cash equivalents per condensed consolidated statement of cash flows | $1.6B | $1.7B | $1.5B | $1.5B |
Invesco Ltd. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.