Invesco Ltd. (IVZ) Earnings Call Transcripts

Invesco Ltd.'s Latest Earnings Call - Q2 FY2026

Invesco Ltd. reported strong second quarter results for fiscal year 2026, with record net inflows of $45.1 billion, marking the 12th consecutive quarter of positive inflows. Revenue increased by 20% year-over-year to $1.3 billion, driven by higher average assets under management (AUM), which reached a record $2.5 trillion, up 23% from the prior year. Adjusted diluted earnings per share nearly doubled to $0.71, reflecting robust operating leverage and a significant improvement in operating margin to 37.5%. Management maintained a positive outlook, emphasizing continued growth in lower-fee products like ETFs while managing expenses effectively.

Reported metrics

Guidance from management

Management maintained a positive outlook for the remainder of 2026, expecting continued growth in lower-fee products and stable operating margins. They anticipate implementation costs for the hybrid platform to average $15 million per quarter in the second half of the year.

What management said

And Bill, the only thing I'd add is the places where we're seeing organic growth ETFs, SMAs, fixed income at large, cash. These are all categories that scale pretty well, and we're going to continue to expect to see growth in those segments.

I mean, organically, I think we've generated close to $200 billion of net long-term inflows over the last 2 years. Additionally, we've kind of had -- we've adopted, I think, an ethos some partnership throughout the company as well, which was long dated. What we've done, the 2 in private markets, we made changes in India and Canada, as I mentioned, we've divested from our fintech. So I mean, we've been active, and we'...

What analysts pressed on

Analysts expressed concerns regarding the significant net outflows in fundamental equities, questioning the sustainability of inflows in this segment. There were also inquiries about the potential impact of rising expenses on future margins and the effectiveness of the hybrid investment platform implementation.

Main topics on the call

• Record Net Inflows — Invesco achieved record net long-term inflows of $45.1 billion in Q2 2026, representing an annualized organic growth rate of nearly 9%. This marks the 12th consecutive quarter of net inflows, showcasing strong client dem...
• Strong Revenue Growth — Net revenue for the quarter reached $1.3 billion, a $224 million increase compared to the same quarter last year. The growth was primarily driven by higher average AUM and the reclassification of the QQQ to fee-earning s...
• Operating Margin Expansion — Invesco's operating margin expanded to 37.5%, up nearly 470 basis points year-over-year, driven by effective expense management and strong revenue growth. This reflects a positive operating leverage of nearly 500 basis p...
• Innovative Product Launches — The company launched over 50 new products in 2026, including 6 active ETFs and a tokenized treasury strategy. This innovation is aligned with growing client demand for diversified investment options.

Read the full Invesco Ltd. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 53 Invesco Ltd. earnings call transcripts on record, spanning January 29, 2020 to July 28, 2026. Based on this history, Invesco Ltd. reports quarterly. The most recent call on file is dated July 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

IVZ

Exchange

NYSE

Country

US

Sector

Financials

Industry

Capital Markets

Calls on record

53

First call

January 29, 2020

Most recent

July 28, 2026

Reporting cadence

quarterly