NYSE$AAMI

Acadian Asset Management Inc. · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Acadian Asset Management reported Q4 2025 revenue of $172.2M, net income of $34.7M, and ENI EPS of $1.32.

Fourth-quarter ENI revenue was $169.7 million (+1.8% YoY) with record management fees of $146.4 million (+32%). GAAP net income attributable to controlling interests was $34.7 million ($0.97 diluted EPS); ENI was $47.2 million ($1.32 per share). AUM reached a record $177.5 billion after $5.4 billion of net client cash flows in the quarter.

  • Record AUM $177.5B; Q4 net flows $5.4B.
  • Management fees $146.4M (+32% YoY).
  • ENI EPS $1.32; ENI operating margin 45.7%.
  • Quarterly dividend raised to $0.10 per share.

Headline financials

Total Revenue

$172M

No prior period
EPS (adj)

$1.32

No prior period
EOP AUM

$178B

No prior period
Net Inflows

$5.4B

No prior period
ENI Operating Margin

45.7%

No prior period
Shares Repurchased

1.8M

No prior period
Dividend Per Share

$0.10

No prior period
Net Income

$34.7M

No prior period
Operating Income

$47.2M

No prior period

Revenue & EPS history

BrightSphere · Revenue · Quarterly

$172M

Q4 2025
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Forward guidance

Management discusses Acadian Asset Management's outlook, including capital deployment, operating priorities, and key risks, alongside any formal guidance in the earnings materials.

Tailwinds

  • Acadian Asset Management cites execution on strategic priorities and demand in core markets.
  • Liquidity and balance sheet capacity support continued investment and returns.

Headwinds

  • Macro, rates, and input costs may pressure margins or volumes.
  • Segment mix and non-recurring items can affect sequential comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.3%

Avg return

Earnings day

-1.2%

Avg return

5 days after

+3.6%

Avg return

30 days after

32%

7 / 22 earnings

Positive

+4.7%

Q1 2025

Best reaction

-7.6%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.5%+5.0%+11.1%
Q4 2025-7.6%-1.7%-2.5%
Q3 2025+0.9%-12.4%-9.0%
Q1 2025+4.7%+7.4%+11.8%
Q3 2024-0.1%-6.8%+3.7%
Q2 2024+0.0%+0.9%+16.3%
Q1 2024+0.0%+0.4%-2.6%
Q4 2023+0.0%-4.1%+17.4%
Q3 2023-0.4%-1.0%+14.4%
Q3 2022+0.0%-5.7%-18.1%
Q2 2023-2.5%-2.7%-1.6%
Q1 2023-0.8%-4.2%+1.1%
Q2 2022+0.6%+2.0%-7.6%
Q1 2022-1.1%-2.9%+2.1%
Q3 2021+0.8%+0.8%-9.1%
Q2 2021+1.2%+1.2%+1.9%
Q1 2021-0.7%-4.7%-3.5%
Q3 2020-1.8%+14.5%+27.9%
Q2 2020-0.4%-1.0%-3.6%
Q1 2020-4.5%-7.3%+16.1%
Q3 2019+0.0%-5.2%+7.9%
Q2 2019+1.0%+0.1%+4.9%

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