Invesco (IVZ)

NYSE:IVZ

IVZ

Invesco

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Invesco (IVZ) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 28, 2026

Before Open (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.61

Last Year’s EPS

0.36

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 10 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 28, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call emphasized strong, diversified net inflows, notable growth in ETFs, China JV, fixed income, and private markets, and clear financial improvement with higher margins and EPS. Management outlined disciplined expense guidance, balance-sheet strengthening, and continued capital returns. Near-term challenges include market-driven AUM volatility, specific product outflows (fundamental equities, bank-loan ETF), short-term implementation costs for the hybrid platform, and a temporary uptick in leverage. Overall, the positive operational momentum, robust inflows across key capabilities, and margin expansion signals outweigh the cited headwinds.

Company Guidance

In its 1Q26 call Invesco provided a detailed operating and capital guide: assets under management ended the quarter at $2.2 trillion (average long‑term AUM nearly $2.0 trillion, up ~$400 billion or 26% q/q) and have recovered into the ~$2.3 trillion range post‑quarter (up >5% vs. quarter‑end); net long‑term inflows were $21.8 billion (eleventh consecutive quarter of inflows, ~4% annualized organic growth) with $11.6 billion of global liquidity inflows; ETFs reached a record $638 billion of AUM (> $1 trillion including QQQ) with nearly $19 billion of ETF net inflows (11% annualized), active ETF AUM > $20 billion (>$35 billion including index strategies); regional and capability highlights included China JV AUM $142 billion with $8.7 billion of net inflows (31% annualized), fundamental fixed income net inflows $3.7 billion (5% annualized) or $14 billion across related capabilities, SMA AUM $37 billion (19% annualized), private markets net inflows $400 million (INCREIF at $5 billion), and institutional quantitative flows $4.7 billion; financials/guidance: Q1 net revenue $1.3 billion, adjusted diluted EPS $0.57 (up 30% YoY), adjusted operating margin 34.5% (300 bps YoY improvement; 500 bps of operating leverage), net revenue yield 22.9 bps (exit 22.8 bps), operating expenses for 2026 expected ~ $3.275 billion assuming ~ $2.3 trillion AUM, an operating expense base ~25% variable to net revenue, compensation targeted mid‑point of a 38–42% range of revenue, third‑party/distribution fees to management fees ~22–23% (22.7% this quarter), Q1 effective tax ~24% (Q2 non‑GAAP estimate 25–26%), hybrid platform implementation costs $10–15 million per quarter in 2026 with incremental platform run‑rate costs building to ~$10 million/qtr this year and at least $60 million in 2027 (ex implementation), Q1 share buybacks $40 million (1.6 million shares) with an additional $1 billion repurchase authorization and a 2026 total payout ratio target near 60%, and $1.1 billion drawn on the revolver with leverage expected to improve as the year progresses.

Sustained Net Inflows and Organic Growth

Net long-term inflows of $21.8B (reported ~$22B) in Q1, marking the 11th straight quarter of net inflows and representing ~4% annualized organic growth. Additionally, $11.6B of global liquidity inflows and ending AUM recovering to ~$2.2T at quarter-end and into the ~$2.3T range post-quarter as markets rebounded.

ETF Platform Scale and Flows

Record ETF ending AUM of $638B (over $1T including QQQ). ETF net inflows of nearly $19B in the quarter (11% annualized organic growth). Active ETF platform managing >$20B (>$35B including index strategies). Despite a short-term rotation, demand for flagship QQQ and QQQM returned in April.

China JV Outperformance

China JV reached a record AUM of $142B with $8.7B of net long-term inflows in Q1, reflecting a 31% annualized organic growth rate. Launched 14 funds in the quarter with $2.5B in AUM, and fixed-income-plus strategies on the JV reached $40B.

Fixed Income and SMA Momentum

Fundamental fixed income gathered $3.7B in net long-term inflows (5% annualized organic growth) and ~$14B when including related ETFs and China-based fixed income. SMA platform grew to $37B in AUM and generated ~19% annualized organic growth this quarter.

Private Markets and Product Innovation

Private markets net inflows of $400M driven by direct real estate; INCREIF real estate debt assets with leverage reached $5B in ~2 years. Launched the Invesco Core Plus Real Estate Trust CIT for defined contribution plans and continued partnerships (Barings, LGT) to expand private markets into wealth and DC channels.

Investment Performance

46% of active funds in the top quartile on a 3-year basis and nearly half on a 5-year basis; over 70% of active AUM outperforming respective benchmarks on a 5-year basis — supporting retention and net flows.

Improved Financial Results and Operating Leverage

Net revenue of $1.3B (up $155M YoY). Adjusted operating margin improved to 34.5% (≈300 bps YoY improvement) with 500 bps of positive operating leverage. Adjusted diluted EPS of $0.57 vs $0.44 prior year (+30%).

Balance Sheet and Capital Returns

Redeemed $500M senior note in January, increased share repurchases to $40M in Q1, and Board authorized an additional $1B in buybacks. Revolver used for short-term funding flexibility; management targets a ~60% total payout ratio for 2026 (dividends + buybacks).

Guidance and Expense Discipline

Operating expense guidance for 2026 of ~$3.275B on an assumed ~$2.3T AUM exit; hybrid platform implementation costs estimated $10M–$15M per quarter in 2026 with expected run-rate incremental cost of ~$60M in 2027 (excluding implementation). Management expects continued margin expansion toward high-30s over time.

Invesco (IVZ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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IVZ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 28, 2026	2026 (Q2)	0.61 / -	0.36	―	―	―
Apr 28, 2026	2026 (Q1)	0.58 / 0.57	0.44	29.55% (+0.13)
Jan 27, 2026	2025 (Q4)	0.58 / 0.62	0.52	19.23% (+0.10)
Oct 28, 2025	2025 (Q3)	0.45 / 0.61	0.44	38.64% (+0.17)
Jul 22, 2025	2025 (Q2)	0.41 / 0.36	0.43	-16.28% (-0.07)
Apr 22, 2025	2025 (Q1)	0.38 / 0.44	0.33	33.33% (+0.11)
Jan 28, 2025	2024 (Q4)	0.47 / 0.52	0.47	10.64% (+0.05)
Oct 22, 2024	2024 (Q3)	0.43 / 0.44	0.35	25.71% (+0.09)
Jul 23, 2024	2024 (Q2)	0.40 / 0.43	0.31	38.71% (+0.12)
Apr 23, 2024	2024 (Q1)	0.40 / 0.33	0.38	-13.16% (-0.05)

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

IVZ Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 28, 2026	$25.48	$25.86	+1.49%
Jan 27, 2026	$28.40	$26.94	-5.13%
Oct 28, 2025	$23.07	$23.56	+2.13%
Jul 22, 2025	$19.67	$20.69	+5.20%

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 Invesco (IVZ) report earnings?

Invesco (IVZ) is schdueled to report earning on Jul 28, 2026, Before Open (Confirmed).

What is Invesco (IVZ) earnings time?

Invesco (IVZ) earnings time is at Jul 28, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

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What companies are reporting earnings today?

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What is IVZ EPS forecast?

IVZ EPS forecast for the fiscal quarter 2026 (Q2) is 0.61.