Victory Capital Holdings, Inc. (VCTR) Revenue History
Annual and quarterly revenue from 2015 to 2025
Compound Annual Growth Rate (CAGR)
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VCTR Revenue Growth
Revenue Breakdown (FY 2025)
VCTR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
VCTR Revenue Analysis (2015–2025)
As of May 7, 2026, Victory Capital Holdings, Inc. (VCTR) generated trailing twelve-month (TTM) revenue of $1.31 billion, reflecting explosive growth of +61.0% year-over-year. The most recent quarter (Q4 2025) recorded $374.1 million in revenue, up 3.6% sequentially.
Looking at the longer-term picture, VCTR's 5-year compound annual growth rate (CAGR) stands at +11.0%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $1.31 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows VCTR's business is primarily driven by Investment Management Fees (100%). With over half of revenue concentrated in Investment Management Fees, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including VRTS, DHIL, and CNNE (-6.4% YoY), VCTR has outperformed the peer group in terms of revenue growth. Compare VCTR vs VRTS →
VCTR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VCTRCurrent | $1.3B | +61.0% | +11.0% | 42.5% | |
 VRTS | $831M | - | - | 17.4% | |
 DHIL | $158M | - | - | 38.4% | |
 CNNE | $424M | -6.4% | -6.3% | -28.2% | |
 GROW | $8M | - | - | -35.3% | |
 AMG | $2.4B | - | - | 31.8% |
VCTR Historical Revenue Data (2015–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.31B | - | $928.4M | 71.1% | $555.0M | 42.5% |
| 2024 | $893.5M | - | $529.8M | 59.3% | $427.5M | 47.8% |
| 2023 | $821.0M | - | $456.0M | 55.5% | $328.5M | 40.0% |
| 2022 | $854.8M | - | $455.5M | 53.3% | $399.1M | 46.7% |
| 2021 | $890.3M | - | $479.0M | 53.8% | $373.8M | 42.0% |
| 2020 | $775.4M | - | $402.5M | 51.9% | $314.7M | 40.6% |
| 2019 | $612.4M | - | $285.9M | 46.7% | $164.6M | 26.9% |
| 2018 | $413.4M | - | $172.9M | 41.8% | $114.5M | 27.7% |
| 2017 | $409.6M | - | $162.1M | 39.6% | $90.2M | 22.0% |
| 2016 | $297.9M | - | $97.8M | 32.8% | $24.5M | 8.2% |
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Start ComparisonVCTR — Frequently Asked Questions
Quick answers to the most common questions about buying VCTR stock.
Is VCTR's revenue growth accelerating or slowing?
VCTR revenue is accelerating at +61.0% year-over-year, exceeding the 5-year CAGR of +11.0%. TTM revenue reached $1.3B. Growth momentum has increased versus prior periods.
What is VCTR's long-term revenue growth rate?
Victory Capital Holdings, Inc.'s 5-year revenue CAGR of +11.0% reflects the sustained expansion pattern. Current YoY growth of +61.0% is above this long-term average.
How is VCTR's revenue distributed by segment?
VCTR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2025 are available for download. Segment mix reveals concentration and diversification trends.