# Victory Capital Holdings, Inc. (VCTR) · Edgar & Edgarette company card

> Victory Capital Holdings (VCTR) grew revenue 46.2% in FY2025 to $1.3 billion, operating margin 36.6% against a 20.8% median for investment advice, equity 57.1% of assets, and dividend per share up 6 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1570827 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/VCTR) · [JSON](https://www.pops4.com/boards/company/VCTR.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $1.3B |
| Revenue growth, 1 year | 46.2% |
| Revenue growth per year | 10.1% |
| Operating margin | 36.6% (prior year 47.8%) |
| Net margin | 25.3% |
| Operating cash flow | $385M |
| Capital spending | $4M |
| Free cash flow | $381M |
| Cash | $164M |
| Long-term debt | $970M |
| Total assets | $4.2B |
| Total equity | $2.4B |
| Equity ÷ assets | 57.1% |
| Return on equity | 13.6% |
| Dividend per share | $1.94 |
| Dividend years rising | 6 |

## Readings, computed from those figures

- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $1.3B (FY2025), total debt $970.0M. Experience: revenue up 46.2% on the year, up 10.1% a year over 4 years; operating margin 36.6%, down from 47.8%. Soundness: equity 57.1% of assets, return on equity 13.6%, payout 47.6% of profit, dividend per share up 6 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.3B and $2.1B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.1B to $2.5B. A statistical range, not company guidance. Against peers (22 filers, $50M+ revenue, investment advice): operating margin 36.6% against a 20.8% median; growth 46.2% against 7.5%.

Range logged 2026-09-29, receipt 59e85775526a6dfe, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-07-23 ([filing](https://www.sec.gov/Archives/edgar/data/1570827/000119312526314260/0001193125-26-314260-index.htm))

## Recent filings

- 8-K · filed 2026-10-13 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1570827/000119312526419967/0001193125-26-419967-index.htm)
- 8-K · filed 2026-09-11 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1570827/000119312526388709/0001193125-26-388709-index.htm)
- 8-K · filed 2026-08-31 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1570827/000110465926103936/0001104659-26-103936-index.htm)
- 8-K · filed 2026-08-26 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1570827/000110465926101533/0001104659-26-101533-index.htm)
- 8-K · filed 2026-08-12 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1570827/000119312526346020/0001193125-26-346020-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/1570827/000119312526337010/0001193125-26-337010-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001570827.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1570827

## Cite

POPS4, Edgar & Edgarette: Victory Capital Holdings, Inc. (VCTR) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/VCTR. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.