Invesco Ltd
invesco.comWhat Do They Do?
Manages active, passive and alternative investment portfolios for individual investors and institutions.
10-K for FY2025, filed Feb 24, 2026Invesco Ltd. (the Parent), along with its consolidated entities (collectively, Invesco or the company), is an independent investment…View ↗
Retail AUM were $1,515.7 billion at December 31, 2025. We offer retail products within all of the major asset classes. Our retail products…View ↗
Institutional AUM were $654.2 billion at December 31, 2025. We offer a broad suite of domestic and global capabilities, ranging from…View ↗
How Do They Make Money?
Clients pay asset-based fees for Invesco to manage their accounts and funds, generally as services are provided; some fees are collected in advance. Some distribution fees are paid when shares are bought or redeemed, performance fees depend on meeting contract targets, and transaction fees are charged when work is complete.
10-K for FY2025, filed Feb 24, 2026Investment management fees are derived from providing professional services to manage client accounts and sponsored investment vehicles.…View ↗
The company provides distribution services to certain sponsored investment vehicles. Fees are generally earned based upon a percentage of…View ↗
Performance fee revenues, including carried interests and performance fees related to partnership investments and separate accounts, are…View ↗
Other revenues include fees derived primarily from transaction commissions earned upon the sale of new investments into certain of our…View ↗
-
10-K for FY2025, filed Feb 24, 2026
FY2025 revenue by product or service ↗
$6.4B
-
10-K for FY2025, filed Feb 24, 2026
$6.4B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Investment management fees
Recurring
10-K for FY2025, filed Feb 24, 2026 |
72%
FY2022: 72%
|
Investment management fees, FY2025
$4.6B Sources
|
Recurring |
|
Service and distribution fees
Recurring
10-K for FY2025, filed Feb 24, 2026 |
24%
FY2022: 23%
|
Service and distribution fees, FY2025
$1.5B Sources
|
Recurring |
|
Performance fees
|
0.7%
FY2022: 1.1%
|
Performance fees, FY2025
$41.5M Sources
|
|
|
Other
Sold outright
|
3.2%
FY2022: 3.6%
|
Other, FY2025
$202.2M Sources
|
Sold outright |
Who Are Their Customers?
Individual investors generally access funds through financial intermediaries such as banks, brokers and financial planners. Institutional clients, including companies, insurers, pension funds and public entities, are served by regional sales forces, which also work with intermediaries.
10-K for FY2025, filed Feb 24, 2026
Do Revenues Turn Into Profits?
Not on paper. It lost $174.8M in FY2025, but brought in more cash than it spent: $1.4B of free cash flow.
10-K for FY2025, filed Feb 24, 2026
−$695.7MView ↗
10-K for FY2025, filed Feb 24, 2026
−$174.8MView ↗
10-K for FY2025, filed Feb 24, 2026
$1.4BView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 4, 2026
$338.9MView ↗
- ▲ +72%
- vs $197.4M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 4, 2026
Open tableView ↗
-
Jul 28, 2026
Sold its Canadian fund management agreements
The sale to CI Global Asset Management occurred on June 1, 2026.
Sources
8-K, filed Jul 28, 2026
Operating expenses increased $50.1 million in the second quarter of 2026 compared to the first quarter. Third-party distribution, service…View ↗
Flat. Revenue was $6.4B in FY2025, about the same as the $6.9B of FY2021.
Sold digital wealth business
The older report described investments in intelliflo, its digital wealth business; the latest report says Invesco completed the sale as part of a strategic focus.
10-K for FY2022, filed Feb 23, 2023 10-K for FY2025, filed Feb 24, 2026Although the developed markets in the U.S. and Europe are the two largest markets for financial assets by a wide margin, other key emerging…View ↗
During the fourth quarter, we completed the sale of the intelliflo business as part of our efforts to sharpen our strategic focus. We also…View ↗
Loading...
