Invesco Ltd (IVZ) Q3 2025 10-Q Quarterly Report

Filed: Nov 4, 2025Period ending Sep 30, 2025
Financials
Investment AdviceSEC EDGAR

Invesco Ltd (IVZ) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 4, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Invesco Ltd Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $1,640.4M Q3 2025 vs $1,515.4M Q3 2024, up $125M (+8.2%); Net revenues $1,186.3M (+7.4%) including $94.3M from IGW
  • Operating margin 16.5% Q3 2025 vs 6.6% Q3 2024; Adjusted operating margin 34.2% vs 31.6% YoY; Net income $301.3M vs $55.0M YoY
  • Best segment: ETFs and Index AUM up $147.1B to $605.7B; Worst: Fundamental Equities AUM slightly down $11.8B to $299.6B
  • Cash and cash equivalents $973.1M, slight decrease of $13.4M since Dec 31, 2024; repaid $260M term loan Q3; repurchased 1.2M shares for $25M
  • Management sees strong market momentum; declared $0.21 dividend/share; sale of intelliflo business expected Q4; sold 60% interest in India JV completed Oct 2025

Risk Factors

  • No new risk factors added this quarter, consistent with 2024 10-K disclosures
  • Carried-forward regulatory risk: compliance with evolving SEC rules on fund disclosures and fiduciary duties
  • Operational risk: market volatility impacting asset management fees and client asset levels near-term
  • Financial risk: exposure to currency fluctuations in global operations without new hedging strategies detailed

Invesco Ltd Q3 2025 Quarterly Financials
XBRL

Revenue

$1.6B

+8.2% YoY +8.2% QoQ

Net Income

$301M

+447.8% YoY +2510.4% QoQ

Operating Margin

16.5%

+988bp YoY +238bp QoQ

Net Margin

18.4%

+1474bp YoY +1919bp QoQ

ROE

2.2%

Total Assets

$28.4B

EPS (Diluted)

$0.66

+450.0% YoY +2300.0% QoQ

Operating Cash Flow

$606M

+38.3% YoY +10.6% QoQ

Source: XBRL data from Invesco Ltd Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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