Acadian Asset Management (AAMI)
NYSE:AAMI
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.98Last Year’s EPS
0.64Same Quarter Last Year
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated robust and broad-based positive momentum: record net flows, substantial AUM growth (61% YoY), strong revenue and ENI gains (management fees +41%, ENI +85%), widening operating margins and significant shareholder returns. Management acknowledged some manageable near-term headwinds — rising operating costs, mix-driven fee-rate pressure from large Enhanced mandates funding late in the quarter, early-stage seed investments, and slight Managed Vol outflows — but emphasized healthy pipeline, disciplined capital allocation, and strategic investments in AI and infrastructure. Overall, positives materially outweigh the noted challenges.Company Guidance
Strong Earnings Growth (GAAP and ENI)
U.S. GAAP net income attributable to controlling interest increased 21% year over year and GAAP EPS rose 26%. ENI (economic net income) rose 85% to $37.6 million, with ENI diluted EPS of $1.05, up 94% year over year.
Material Revenue and Fee Expansion
Total ENI revenue was $165 million, up 40% YoY. Q1 2026 management fees were a record $159 million, up 41% YoY, driven by a 57% increase in average AUM.
Record Net Flows and AUM Growth
Net inflows were a quarterly record of $21.4 billion in Q1 2026, representing 12% of beginning AUM and marking nine consecutive quarters of positive net flows. Assets under management grew 61% YoY to $195.7 billion as of 03/31/2026, with average AUM of $190 billion in the quarter.
Operating Leverage and Margin Expansion
Adjusted EBITDA increased 76% YoY. ENI operating margin expanded by 978 basis points to 38.1% from 28.3% a year earlier. The operating expense ratio improved materially, reflecting favorable operating leverage as AUM scaled.
Investment Performance Track Record
Strong long-term performance: revenue-weighted five-year annualized excess return of +4.1% and asset-weighted +3.4%. By revenue weight, 96% of strategies outperformed benchmarks across 3-, 5- and 10-year periods; 92% outperformed by asset weight.
Capital Returns and Shareholder-friendly Actions
Outstanding diluted shares down 58% since 4Q2019 to 35.8 million. $1.4 billion returned to shareholders since 4Q2019 via buybacks and dividends. Q1 buybacks: ~100k shares for $4.7 million at a VWAP of $49.77. Interim dividend of $0.10 declared.
Strong Balance Sheet and Leverage Metrics
Cash of $129 million and $97 million of seed investments on the balance sheet. Gross debt to adjusted EBITDA was 1.3x and net debt to adjusted EBITDA was 0.7x, both improved over the prior year despite a seasonal revolver draw.
Product and Pipeline Momentum
Enhanced mandates and global equity strategies drove flows; a $16 billion mandate from St. James’s Place boosted Q1 results. Excluding that win, remaining net flows were granular (~$4B+), with roughly half from extension strategies. Pipeline described as healthy and diversified.
AAMI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AAMI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $65.08 | $67.35 | +3.49% |
Feb 05, 2026 | $52.41 | $48.42 | -7.60% |
Oct 30, 2025 | $49.15 | $49.59 | +0.89% |
Jul 31, 2025 | $39.54 | $41.69 | +5.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Acadian Asset Management (AAMI) report earnings?
Acadian Asset Management (AAMI) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Acadian Asset Management (AAMI) earnings time?
Acadian Asset Management (AAMI) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AAMI EPS forecast?
AAMI EPS forecast for the fiscal quarter 2026 (Q2) is 0.98.