v3.26.1
Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Total revenues $ 307,909 $ 282,749 $ 610,921 $ 559,896
Operating Expenses        
Compensation and benefits 181,985 165,876 350,698 321,037
Distribution, servicing and marketing 7,714 6,730 15,194 13,162
Occupancy 6,959 7,308 14,095 14,686
Communication and technology 13,997 13,584 27,817 26,467
General and administrative 12,391 9,479 23,807 18,237
Amortization of Intangible Assets 240 0 480  
Total operating expenses 223,286 202,977 432,091 393,589
Total operating income 84,623 79,772 178,830 166,307
Non-operating income (expense)        
Interest expense 2,211 2,179 4,308 4,233
Interest income on cash and cash equivalents and other 2,332 1,976 4,252 3,919
Total non-operating income (expense) 42,103 41,077 34,277 51,884
Income before income taxes 126,726 120,849 213,107 218,191
Provision for income taxes 25,899 24,861 44,662 44,868
Net income before noncontrolling interests 100,827 95,988 168,445 173,323
Less: Net income attributable to noncontrolling interests - Artisan Partners Holdings 15,147 13,433 26,272 25,342
Less: Net income (loss) attributable to noncontrolling interests - consolidated investment products 4,852 15,000 3,304 19,287
Net income attributable to Artisan Partners Asset Management Inc. $ 80,828 $ 67,555 $ 138,869 $ 128,694
Basic earnings per share (in dollars per share) $ 1.11 $ 0.94 $ 1.90 $ 1.78
Diluted earnings per share (in dollars per share) $ 1.11 $ 0.94 $ 1.90 $ 1.78
Basic weighted average number of common shares outstanding (in shares) 66,355,850 65,645,108 66,241,557 65,509,947
Diluted weighted average number of common shares outstanding (in shares) 66,355,850 65,645,108 66,241,557 65,509,947
Dividends declared per Class A common share (in dollars per share) $ 0.77 $ 0.68 $ 2.35 $ 2.02
Gain (loss) on non-operating liabilities $ (230) $ 0 $ (230) $ 0
Variable Interest Entity, Primary Beneficiary        
Non-operating income (expense)        
Net investment gain (loss) 12,762 22,667 10,201 29,768
Consolidated Entity Excluding Variable Interest Entities (VIE)        
Non-operating income (expense)        
Net investment gain (loss) 29,450 18,613 24,362 22,430
Consolidated Investment Products        
Non-operating income (expense)        
Less: Net income (loss) attributable to noncontrolling interests - consolidated investment products 4,852 15,000 3,304 19,287
Management fees        
Revenue from contract with customers 307,709 282,749 610,517 559,896
Management fees | Separate accounts and other        
Revenue from contract with customers 109,744 103,194 219,653 205,595
Performance fees        
Revenue from contract with customers $ 200 $ 0 404 0
Performance fees | Separate accounts and other        
Revenue from contract with customers     $ 404 $ 0