Artisan Partners Asset Management Inc. (APAM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 293.1M | 348.7M | 138.04M | 116.87M | 121.99M | 148.63M | 130.55M | 124.03M | 114.47M | 112.19M | 118.07M | 112.47M | 103M | 105.38M | 112.21M | 123.99M | 141.67M | 171.69M | 174.34M | 166.94M |
| Gross Margin % | 99.22% | 99.43% | 45.82% | 41.33% | 44.01% | 50.04% | 46.69% | 45.8% | 43.3% | 45.06% | 47.47% | 46.3% | 43.92% | 46.63% | 47.89% | 49.32% | 50.31% | 54.5% | 55.07% | 54.74% |
| Gross Profit Growth % | 140.27% | 134.61% | 5.74% | -5.77% | 6.57% | 32.47% | 10.56% | 10.28% | 11.14% | 6.47% | 5.22% | -9.29% | -27.3% | -38.63% | -35.64% | -25.73% | -6.29% | 21.89% | 40.49% | 65.71% |
| Operating Expenses | 206.3M | 202M | 36.23M | 37.1M | 35.45M | 39.47M | 37.37M | 37.38M | 36.83M | 35.77M | 35.92M | 35.77M | 34.69M | 35M | 33.5M | 35.59M | 34.67M | 33.9M | 31.28M | 29.13M |
| OpEx % of Revenue | 69.84% | 57.6% | 12.02% | 13.12% | 12.79% | 13.29% | 13.37% | 13.8% | 13.93% | 14.36% | 14.44% | 14.73% | 14.79% | 15.49% | 14.3% | 14.16% | 12.31% | 10.76% | 9.88% | 9.55% |
| Selling, General & Admin | 19M | 38.7M | 36.23M | 37.1M | 35.45M | 39.47M | 37.37M | 37.38M | 36.83M | 35.77M | 35.92M | 35.77M | 34.69M | 34.99M | 33.5M | 35.59M | 34.67M | 33.9M | 31.28M | 29.13M |
| SG&A % of Revenue | 6.43% | 11.04% | 12.02% | 13.12% | 12.79% | 13.29% | 13.37% | 13.8% | 13.93% | 14.36% | 14.44% | 14.73% | 14.79% | 15.48% | 14.3% | 14.16% | 12.31% | 10.76% | 9.88% | 9.55% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 86.8M | 146.7M | 101.82M | 79.77M | 86.53M | 109.16M | 93.18M | 86.64M | 77.64M | 76.43M | 82.16M | 76.7M | 68.31M | 69.97M | 78.73M | 88.41M | 106.99M | 137.82M | 143.06M | 137.8M |
| Operating Margin % | 29.38% | 41.83% | 33.79% | 28.21% | 31.22% | 36.75% | 33.33% | 31.99% | 29.37% | 30.69% | 33.03% | 31.58% | 29.13% | 30.96% | 33.6% | 35.17% | 37.99% | 43.75% | 45.19% | 45.19% |
| Operating Income Growth % | 0.31% | 34.39% | 9.27% | -7.93% | 11.45% | 42.83% | 13.42% | 12.96% | 13.67% | 9.23% | 4.36% | -13.24% | -36.16% | -49.23% | -44.97% | -35.84% | -12.16% | 21.44% | 47.11% | 79.84% |
| EBITDA | 89.1M | 148.7M | 104.16M | 82.25M | 89.03M | 111.52M | 95.86M | 89.08M | 80.03M | 78.88M | 84.54M | 79.01M | 70.5M | 72.75M | 81.52M | 90.22M | 108.55M | 139.67M | 144.89M | 139.5M |
| EBITDA Margin % | 30.16% | 42.4% | 34.57% | 29.09% | 32.12% | 37.54% | 34.29% | 32.89% | 30.27% | 31.68% | 33.99% | 32.53% | 30.06% | 32.19% | 34.79% | 35.89% | 38.55% | 44.34% | 45.77% | 45.74% |
| EBITDA Growth % | 0.08% | 33.34% | 8.66% | -7.66% | 11.24% | 41.38% | 13.38% | 12.74% | 13.51% | 8.43% | 3.71% | -12.43% | -35.05% | -47.92% | -43.74% | -35.32% | -12.01% | 21.3% | 46.43% | 78.24% |
| D&A (Non-Cash Add-back) | 2.3M | 2M | 2.34M | 2.48M | 2.49M | 2.36M | 2.68M | 2.44M | 2.39M | 2.45M | 2.39M | 2.31M | 2.2M | 2.77M | 2.8M | 1.82M | 1.56M | 1.85M | 1.83M | 1.69M |
| EBIT | 88.5M | 149.6M | 125.66M | 123.03M | 99.4M | 115.26M | 130.99M | 92.18M | 110.73M | 76.43M | 90.3M | 94.39M | 92.5M | 84.9M | 69.66M | 63.14M | 103.91M | 139.24M | 144.13M | 150.07M |
| Net Interest Income | -200K | 3.2M | 410K | -203K | -111K | 837K | 570K | -122K | -283K | 472K | -208K | -1.01M | -1.53M | -2.06M | -2.35M | -2.61M | -2.69M | -2.69M | -2.71M | -2.72M |
| Interest Income | 1.9M | 5.3M | 2.63M | 1.98M | 1.94M | 2.99M | 2.77M | 2.07M | 1.78M | 2.52M | 2.09M | 1.16M | 524K | 0 | 145K | 128K | 14K | 13K | 0 | 0 |
| Interest Expense | 2.1M | 2.1M | 2.22M | 2.18M | 2.05M | 2.16M | 2.2M | 2.19M | 2.06M | 2.05M | 2.3M | 2.17M | 2.06M | 2.06M | 2.5M | 2.74M | 2.7M | 2.7M | 2.71M | 2.72M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 86.4M | 147.5M | 123.45M | 120.85M | 97.34M | 113.11M | 128.79M | 89.99M | 108.67M | 113.03M | 88M | 92.22M | 90.45M | 82.99M | 67.23M | 60.4M | 101.22M | 136.6M | 141.42M | 147.35M |
| Pretax Margin % | 29.25% | 42.06% | 40.97% | 42.74% | 35.12% | 38.08% | 46.06% | 33.23% | 41.11% | 45.39% | 35.38% | 37.97% | 38.57% | 36.72% | 28.69% | 24.03% | 35.95% | 43.36% | 44.67% | 48.32% |
| Income Tax | 18.8M | 29.5M | 36.97M | 24.86M | 20.01M | 25.59M | 24.6M | 18.74M | 21.96M | 20.2M | 14.57M | 18.45M | 18.65M | 16.69M | 14.75M | 13.22M | 18.79M | 29M | 28.05M | 28.46M |
| Effective Tax Rate % | 21.76% | 20% | 29.95% | 20.57% | 20.55% | 22.63% | 19.1% | 20.82% | 20.21% | 17.87% | 16.56% | 20% | 20.62% | 20.11% | 21.94% | 21.9% | 18.56% | 21.23% | 19.84% | 19.32% |
| Net Income | 58M | 94.8M | 66.83M | 67.56M | 61.14M | 69.7M | 72.99M | 57.57M | 59.48M | 64.76M | 53.16M | 53.63M | 50.75M | 52.81M | 44.23M | 44.28M | 65.43M | 76.43M | 86.41M | 88.21M |
| Net Margin % | 19.63% | 27.03% | 22.18% | 23.89% | 22.06% | 23.46% | 26.11% | 21.26% | 22.5% | 26.01% | 21.37% | 22.08% | 21.64% | 23.37% | 18.88% | 17.61% | 23.24% | 24.26% | 27.3% | 28.93% |
| Net Income Growth % | -5.13% | 36.01% | -8.44% | 17.34% | 2.79% | 7.64% | 37.32% | 7.36% | 17.2% | 22.63% | 20.16% | 21.11% | -22.44% | -30.91% | -48.81% | -49.8% | -15.33% | 4.54% | 47.65% | 91.13% |
| Net Income (Continuing) | 67.6M | 118M | 86.47M | 95.99M | 77.33M | 87.51M | 104.19M | 71.25M | 86.7M | 92.8M | 73.43M | 73.78M | 71.8M | 66.3M | 52.48M | 47.17M | 82.44M | 107.6M | 113.37M | 118.88M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41K | 0 | 0 |
| Minority Interest | 124.54M | 343.59M | 295.01M | 222.46M | 145.72M | 361M | 331.94M | 306.95M | 296.69M | 279.61M | 245.47M | 232.03M | 187.21M | 152.42M | 145.08M | 143.97M | 131.23M | 130.79M | 21.36M | 20.21M |
| EPS (Diluted) | 0.76 | 1.22 | 0.93 | 0.94 | 0.82 | 0.90 | 1.03 | 0.80 | 0.84 | 0.85 | 0.76 | 0.76 | 0.72 | 0.76 | 0.65 | 0.62 | 0.90 | 1.25 | 1.30 | 1.33 |
| EPS Growth % | -7.32% | 35.56% | -9.71% | 17.5% | -2.38% | 5.88% | 35.53% | 5.26% | 16.67% | 11.84% | 16.92% | 22.58% | -20% | -39.2% | -50% | -53.38% | -24.37% | 8.7% | 39.78% | 84.72% |
| EPS (Basic) | 0.88 | 1.32 | 0.93 | 0.94 | 0.82 | 0.97 | 1.03 | 0.80 | 0.84 | 0.92 | 0.76 | 0.76 | 0.72 | 0.76 | 0.65 | 0.62 | 0.90 | 1.25 | 1.30 | 1.33 |
| Diluted Shares Outstanding | 71.2M | 71M | 71M | 70.9M | 70.8M | 70.6M | 65.16M | 65M | 64.36M | 69.1M | 63.56M | 63.52M | 63.25M | 62.9M | 62.63M | 62.35M | 62.07M | 61.14M | 59.98M | 59.84M |
| Basic Shares Outstanding | 66.1M | 65.7M | 71M | 70.9M | 65.4M | 65.2M | 65.1M | 64.96M | 64.32M | 63.5M | 63.52M | 63.5M | 63.23M | 62.9M | 62.62M | 62.32M | 62.04M | 60.9M | 59.97M | 59.82M |
| Dividend Payout Ratio | 193.9% | 65.84% | 77.53% | 81.84% | 154.89% | 83.11% | 68.63% | 74.55% | 79.54% | 69.3% | 79.31% | 64.26% | 121.84% | 72.45% | 92.45% | 116.63% | 105.72% | 119.29% | 75.45% | - |