v3.26.3
Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenue from contract with customers $ 312,518 $ 301,287 $ 923,439 $ 861,183
Total revenues 312,518 301,287 923,439 861,183
Operating Expenses        
Compensation and benefits 162,200 163,242 512,898 484,279
Distribution, servicing and marketing 7,801 7,519 22,995 20,681
Occupancy 7,054 7,403 21,149 22,089
Communication and technology 14,333 12,720 42,150 39,187
General and administrative 11,110 8,584 34,917 26,821
Intangible Asset, Finite-Lived, Amortization Expense 240 0 720  
Total operating expenses 202,738 199,468 634,829 593,057
Total operating income 109,780 101,819 288,610 268,126
Non-operating income (expense)        
Interest expense 2,220 2,218 6,528 6,451
Interest income on cash and cash equivalents and other 3,057 2,628 7,309 6,547
Gain (loss) on non-operating liabilities 1,124 557 894 557
Total non-operating income (expense) (1,405) 21,627 32,872 73,511
Income before income taxes 108,375 123,446 321,482 341,637
Provision for income taxes 19,689 36,973 64,351 81,841
Net income before noncontrolling interests 88,686 86,473 257,131 259,796
Less: Net income attributable to noncontrolling interests - Artisan Partners Holdings 13,303 14,948 39,575 40,290
Less: Net income (loss) attributable to noncontrolling interests - consolidated investment products 187 4,695 3,491 23,982
Net income attributable to Artisan Partners Asset Management Inc. $ 75,196 $ 66,830 $ 214,065 $ 195,524
Basic earnings per share (in dollars per share) $ 1.04 $ 0.93 $ 2.96 $ 2.73
Diluted earnings per share (in dollars per share) $ 1.04 $ 0.93 $ 2.96 $ 2.73
Basic weighted average number of common shares outstanding (in shares) 66,380,225 65,666,782 66,288,288 65,562,800
Diluted weighted average number of common shares outstanding (in shares) 66,380,225 65,666,782 66,288,288 65,562,800
Dividends declared per Class A common share (in dollars per share) $ 0.80 $ 0.73 $ 3.15 $ 2.75
Variable Interest Entity, Primary Beneficiary        
Non-operating income (expense)        
Net investment gain (loss) $ 359 $ 8,738 $ 10,560 $ 38,506
Consolidated Entity Excluding Variable Interest Entities (VIE)        
Non-operating income (expense)        
Net investment gain (loss) (3,725) 11,922 20,637 34,352
Consolidated Investment Products        
Non-operating income (expense)        
Less: Net income (loss) attributable to noncontrolling interests - consolidated investment products 187 4,695 3,491 23,982
Management fees        
Revenue from contract with customers 312,483 301,266 923,000 861,162
Management fees | Separate accounts and other        
Revenue from contract with customers 105,419 108,821 325,072 314,416
Performance fees        
Revenue from contract with customers $ 35 $ 21 439 21
Performance fees | Separate accounts and other        
Revenue from contract with customers     $ 439 $ 21