v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Revenues $ 199,535 $ 217,932
Operating Expenses    
Employment expenses 105,213 109,093
Distribution and other asset-based expenses 20,534 22,896
Change in fair value of contingent consideration 409 0
Restructuring expense 2,871 0
Depreciation expense 1,667 2,345
Amortization expense 15,175 12,944
Total operating expenses 184,087 181,337
Operating Income (Loss) 15,448 36,595
Other Income (Expense)    
Other income (expense), net 623 998
Total other income (expense), net (12,876) (7,642)
Interest Income (Expense)    
Total interest income (expense), net 10,731 11,449
Income (Loss) Before Income Taxes 13,303 40,402
Income tax expense (benefit) 7,152 12,350
Net Income (Loss) 6,151 28,052
Noncontrolling interests 974 595
Net Income (Loss) Attributable to Virtus Investment Partners, Inc. $ 7,125 $ 28,647
Earnings (Loss) per Share—Basic (in dollars per share) $ 1.07 $ 4.12
Earnings (Loss) per Share—Diluted (in dollars per share) $ 1.05 $ 4.05
Weighted Average Shares Outstanding—Basic (in shares) 6,690 6,955
Weighted Average Shares Outstanding—Diluted (in shares) 6,806 7,073
Consolidated Entity excluding Consolidated Investment Products    
Operating Expenses    
Other operating expenses $ 36,203 $ 33,059
Other Income (Expense)    
Realized and unrealized gain (loss) on investments, net 845 (991)
Interest Income (Expense)    
Interest expense (6,765) (4,561)
Interest and dividend income 2,947 3,016
Consolidated Investment Products    
Operating Expenses    
Other operating expenses 2,015 1,000
Other Income (Expense)    
Realized and unrealized gain (loss) on investments, net (14,344) (7,649)
Interest Income (Expense)    
Interest expense (34,082) (34,559)
Interest and dividend income 48,631 47,553
Investment management fees    
Revenues    
Revenues 169,133 186,091
Administration and shareholder service fees    
Revenues    
Revenues 17,311 18,007
Distribution and service fees    
Revenues    
Revenues 11,633 12,753
Other income and fees    
Revenues    
Revenues $ 1,458 $ 1,081