Acadian Asset Management Inc (AAMI) Income Statement
AAMI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAAMI revenue and net income
Where AAMI's revenue goes
2025Each bar shows an amount and its share of revenue. AAMI kept 13.5% of revenue as net income.
AAMI profit margins
AAMI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +17.5% | +12.5% | +3.5% | −1.6% |
| Gross profit | +130.8% | +28.9% | +16.6% | +6.8% |
| Operating income | +20.1% | −1.0% | +4.3% | −1.6% |
| Net income | −5.9% | −7.4% | −22.5% | −6.4% |
| EPS (diluted) | +17.3% | +19.7% | +13.2% | +10.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AAMI quarterly EPS vs estimates
Acadian Asset Management beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 29, 2026 (estimate $1.25).
AAMI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $594.3M | $505.6M | $426.6M | $417.2M | $523.8M | $499.5M | $594.6M | $928.2M | $887.4M | $663.5M |
| Cost of revenue | $42.3M | $266.4M | $220.7M | $159.6M | $284.6M | $243.3M | $248.9M | $697.3M | $685.2M | $397.6M |
| Gross profit | $552.0M | $239.2M | $205.9M | $257.6M | $239.2M | $256.2M | $345.7M | $230.9M | $202.2M | $265.9M |
| Sales, general & admin | $92.0M | $85.2M | $82.6M | $71.1M | $71.2M | $88.0M | $107.1M | $126.0M | $112.9M | $98.3M |
| Total operating expenses | $389.3M | $103.7M | $99.9M | $89.7M | $93.4M | $124.5M | $123.5M | $147.1M | $131.2M | $110.3M |
| Operating income | $162.7M | $135.5M | $106.0M | $167.9M | $145.8M | $131.7M | $222.2M | $83.8M | $71.0M | $155.6M |
| Interest income | $3.7M | $3.5M | $6.1M | $800,000 | $200,000 | $600,000 | — | — | — | — |
| Interest expense | $21.7M | $19.4M | $19.6M | $20.5M | $24.8M | $28.5M | $32.2M | $24.9M | $24.5M | $11.3M |
| Income before taxes | $143.2M | $125.7M | $96.5M | $144.8M | $178.1M | $344.8M | $213.2M | $135.2M | $142.0M | $160.8M |
| Income taxes | $36.6M | $38.9M | $29.4M | $44.2M | $50.0M | $97.1M | $10.5M | $5.0M | $132.8M | $40.8M |
| Net income | $80.0M | $85.0M | $65.8M | $100.6M | $828.4M | $286.7M | $223.9M | $136.4M | $4.2M | $126.4M |
| EBITDA | $181.5M | $163.6M | $133.4M | $183.9M | $225.1M | $393.4M | $261.8M | $181.2M | $184.8M | $184.1M |
| EPS (diluted) | $3.26 | $2.78 | $1.78 | $1.90 | $1.55 | $1.75 | $1.77 | $1.86 | $1.63 | $1.22 |
| Gross margin | 92.9% | 47.3% | 48.3% | 61.7% | 45.7% | 51.3% | 58.1% | 24.9% | 22.8% | 40.1% |
| Operating margin | 27.4% | 26.8% | 24.8% | 40.2% | 27.8% | 26.4% | 37.4% | 9.0% | 8.0% | 23.5% |
| Net margin | 13.5% | 16.8% | 15.4% | 24.1% | 158.2% | 57.4% | 37.7% | 14.7% | 0.5% | 19.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $192.3M | $167.1M | $202.8M | $144.2M | $127.4M | $119.9M | $167.8M | $123.1M | $109.0M | $105.7M | $131.2M | $107.3M |
| Cost of revenue | $8.2M | $7.8M | −$194.4M | $90.0M | $85.2M | $61.5M | $76.1M | $69.8M | $62.3M | $58.2M | $67.4M | $53.8M |
| Gross profit | $184.1M | $159.3M | $397.2M | $54.2M | $42.2M | $58.4M | $91.7M | $53.3M | $46.7M | $47.5M | $63.8M | $53.5M |
| Sales, general & admin | $27.0M | $24.9M | $24.4M | $23.5M | $21.8M | $22.3M | $22.3M | $21.8M | $21.1M | $20.0M | $23.6M | $18.8M |
| Total operating expenses | $144.5M | $117.3M | $309.2M | $27.6M | $26.0M | $26.5M | $26.7M | $26.3M | $26.1M | $24.6M | $28.2M | $23.3M |
| Operating income | $39.6M | $42.0M | $88.0M | $26.6M | $16.2M | $31.9M | $65.0M | $27.0M | $20.6M | $22.9M | $35.6M | $30.2M |
| Interest income | $800,000 | $900,000 | $900,000 | $900,000 | $800,000 | $1.1M | $700,000 | $600,000 | $900,000 | $1.3M | $1.8M | $1.7M |
| Interest expense | $3.6M | $3.4M | $7.0M | $4.6M | $5.3M | $4.8M | $4.4M | $4.7M | $5.3M | $5.0M | $4.5M | $4.8M |
| Income before taxes | $38.8M | $37.6M | $53.1M | $34.4M | $23.6M | $32.1M | $58.4M | $28.4M | $17.1M | $21.8M | $34.9M | $27.5M |
| Income taxes | $9.4M | $13.2M | $16.4M | $7.4M | $4.5M | $8.3M | $17.8M | $9.4M | $5.6M | $6.1M | $11.1M | $7.7M |
| Net income | $27.3M | $24.3M | $34.7M | $15.1M | $10.1M | $20.1M | $42.5M | $16.9M | $11.0M | $14.6M | $22.8M | $19.6M |
| EBITDA | $46.1M | $44.6M | $64.2M | $43.1M | $33.1M | $41.1M | $67.2M | $37.6M | $27.4M | $31.4M | $44.0M | $36.8M |
| EPS (diluted) | $1.33 | $1.05 | $1.32 | $0.76 | $0.64 | $0.54 | $1.30 | $0.59 | $0.45 | $0.44 | $0.77 | $0.45 |
| Gross margin | 95.7% | 95.3% | 195.9% | 37.6% | 33.1% | 48.7% | 54.6% | 43.3% | 42.8% | 44.9% | 48.6% | 49.9% |
| Operating margin | 20.6% | 25.1% | 43.4% | 18.4% | 12.7% | 26.6% | 38.7% | 21.9% | 18.9% | 21.7% | 27.1% | 28.1% |
| Net margin | 14.2% | 14.5% | 17.1% | 10.5% | 7.9% | 16.8% | 25.3% | 13.7% | 10.1% | 13.8% | 17.4% | 18.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AAMI's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AAMI financial results
In fiscal year 2025 (ended December 31, 2025), Acadian Asset Management reported revenue of $594.3 million, up 17.5% from the year before. It had net income of $80.0 million (down 5.9%), a net profit margin of 13.5%. Diluted earnings per share came to $3.26. Over five years revenue grew at an average rate of 3.5% a year.
See the AAMI stock overview for the latest quote and news, or the AAMI chart for price history and technical indicators.
AAMI income statement FAQ
What is Acadian Asset Management's annual revenue?
Acadian Asset Management reported total revenue of $594.3 million for fiscal year 2025, which ended on December 31, 2025. That was up 17.5% from $505.6 million the previous year.
Is Acadian Asset Management profitable?
Yes. Acadian Asset Management reported net income of $80.0 million in fiscal 2025, a net profit margin of 13.5%; its operating margin was 27.4%.
What is Acadian Asset Management's gross margin?
Acadian Asset Management's gross margin was 92.9% in fiscal 2025: for every $100 of revenue, Acadian Asset Management kept $93 after the direct cost of its products and services.
How fast is Acadian Asset Management growing?
Revenue grew 3.5% a year on average over the last five fiscal years, from $499.5 million to $594.3 million.
What are Acadian Asset Management's earnings per share?
Acadian Asset Management earned $3.26 per diluted share in fiscal 2025, compared with $2.78 a year earlier.
When will Acadian Asset Management report its next earnings?
Acadian Asset Management is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does Acadian Asset Management's fiscal year end?
Acadian Asset Management's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.