Invesco Ltd. (IVZ) Income Statement
IVZ 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIVZ revenue and net income
Where IVZ's revenue goes
2025Each bar shows an amount and its share of revenue. IVZ kept −4.4% of revenue as net income.
IVZ profit margins
IVZ growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.1% | +1.8% | +0.7% | +2.2% |
| Gross profit | +35.8% | +4.1% | +2.9% | +2.5% |
| Operating income | −183.6% | — | — | — |
| Net income | −136.4% | — | — | — |
| EPS (diluted) | +18.0% | +6.5% | +0.9% | −1.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IVZ quarterly EPS vs estimates
Invesco beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 27, 2026 (estimate $0.74).
IVZ income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.38B | $6.07B | $5.72B | $6.05B | $6.89B | $6.15B | $6.12B | $5.31B | $5.16B | $4.73B |
| Cost of revenue | $3.62B | $4.04B | $3.71B | $3.61B | $4.06B | $3.76B | $3.60B | $3.10B | $2.99B | $2.78B |
| Gross profit | $2.75B | $2.03B | $5.72B | $2.44B | $2.83B | $2.39B | $2.52B | $2.21B | $2.17B | $1.96B |
| Research & development | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales, general & admin | $660.5M | $676.0M | $553.8M | $588.2M | $522.7M | $564.1M | $539.8M | $459.2M | $428.7M | $409.2M |
| Total operating expenses | $3.45B | $1.20B | $6.15B | $1.12B | $1.05B | $1.47B | $1.71B | $1.01B | $895.1M | $805.4M |
| Operating income | −$695.7M | $832.1M | −$434.8M | $1.32B | $1.79B | $920.4M | $808.2M | $1.20B | $1.28B | $1.15B |
| Interest income | $76.2M | $58.9M | $47.8M | $45.3M | $25.2M | $20.5M | $28.5M | $21.3M | $13.4M | $12.2M |
| Interest expense | $82.5M | $58.0M | $70.5M | $85.2M | $94.7M | $129.3M | $135.7M | $111.5M | $94.8M | $93.4M |
| Income before taxes | −$379.4M | $1.01B | −$237.9M | $1.25B | $2.50B | $1.07B | $972.9M | $1.14B | $1.43B | $1.21B |
| Income taxes | −$204.6M | $252.9M | $69.7M | $322.2M | $531.1M | $261.6M | $235.1M | $255.0M | $268.2M | $338.3M |
| Net income | −$281.7M | $774.8M | −$333.7M | $920.7M | $1.63B | $761.6M | $688.3M | $882.8M | $1.13B | $854.2M |
| EBITDA | −$390.8M | $1.24B | −$434.8M | $1.53B | $2.80B | $1.40B | $1.29B | $1.39B | $1.64B | $1.40B |
| EPS (diluted) | $2.03 | $1.72 | $1.51 | $1.68 | $3.09 | $1.94 | $2.55 | $2.43 | $2.69 | $2.24 |
| Gross margin | 43.2% | 33.4% | 100.0% | 40.3% | 41.1% | 38.9% | 41.1% | 41.6% | 42.1% | 41.4% |
| Operating margin | −10.9% | 13.7% | −7.6% | 21.8% | 25.9% | 15.0% | 13.2% | 22.7% | 24.8% | 24.3% |
| Net margin | −4.4% | 12.8% | −5.8% | 15.2% | 23.6% | 12.4% | 11.3% | 16.6% | 21.8% | 18.0% |
| 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 | $1.83B | $1.74B | $1.69B | $1.64B | $1.52B | $1.53B | $1.59B | $1.52B | $1.48B | $1.48B | $1.41B | $1.44B |
| Cost of revenue | $8.1M | $601.4M | $559.1M | $1.08B | $1.01B | $973.6M | $990.4M | $1.12B | $947.7M | $976.7M | $928.2M | $926.7M |
| Gross profit | $1.82B | $1.14B | $1.13B | $560.5M | $504.4M | $555.6M | $602.6M | $390.4M | $535.6M | $498.6M | $485.2M | $515.3M |
| Sales, general & admin | $170.2M | $184.5M | $172.5M | $171.4M | $162.3M | $154.3M | $158.7M | $159.7M | $201.0M | $156.6M | $161.6M | $165.2M |
| Total operating expenses | $1.45B | $809.9M | $2.59B | $289.6M | $290.2M | $278.3M | $290.9M | $289.9M | $328.8M | $285.5M | $1.56B | $287.6M |
| Operating income | $364.2M | $333.2M | −$1.46B | $270.9M | $214.2M | $277.3M | $311.7M | $100.5M | $206.8M | $213.1M | −$1.08B | $227.7M |
| Interest income | $9.9M | $9.2M | $24.0M | $10.5M | $14.8M | $11.3M | $24.6M | $10.9M | $11.0M | $12.4M | $21.3M | $10.8M |
| Interest expense | $23.6M | $24.3M | $23.0M | $25.7M | $20.7M | $13.1M | $12.4M | $13.4M | $16.3M | $15.9M | $16.8M | $17.3M |
| Income before taxes | $455.4M | $300.2M | −$1.35B | $346.7M | $274.4M | $344.9M | $317.4M | $145.1M | $259.9M | $282.9M | −$933.5M | $230.0M |
| Income taxes | $116.5M | $81.1M | −$349.5M | −$9.7M | $77.0M | $77.6M | $78.7M | $41.5M | $64.0M | $68.7M | −$266.4M | $61.3M |
| Net income | $382.3M | $268.6M | −$1.06B | $345.7M | $203.4M | $230.3M | $268.5M | $114.2M | $191.4M | $200.7M | −$683.1M | $190.6M |
| EBITDA | $511.2M | $357.7M | −$1.54B | $410.7M | $335.2M | $399.5M | $373.9M | $202.5M | $322.6M | $343.9M | −$870.3M | $289.5M |
| EPS (diluted) | $0.71 | $0.57 | $0.62 | $0.61 | $0.36 | $0.44 | $0.52 | $0.44 | $0.43 | $0.33 | $0.47 | $0.35 |
| Gross margin | 99.6% | 65.5% | 67.0% | 34.2% | 33.3% | 36.3% | 37.8% | 25.8% | 36.1% | 33.8% | 34.3% | 35.7% |
| Operating margin | 19.9% | 19.1% | −86.2% | 16.5% | 14.1% | 18.1% | 19.6% | 6.6% | 13.9% | 14.4% | −76.1% | 15.8% |
| Net margin | 20.9% | 15.4% | −62.7% | 21.1% | 13.4% | 15.1% | 16.9% | 7.5% | 12.9% | 13.6% | −48.3% | 13.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IVZ's financial statements (latest annual report filed February 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IVZ financial results
In fiscal year 2025 (ended December 31, 2025), Invesco reported revenue of $6.4 billion, up 5.1% from the year before. It had a net loss of $281.7 million, a net profit margin of −4.4%. Diluted earnings per share came to $2.03. Over five years revenue grew at an average rate of 0.7% a year.
See the IVZ stock overview for the latest quote and news, or the IVZ chart for price history and technical indicators.
IVZ income statement FAQ
What is Invesco's annual revenue?
Invesco reported total revenue of $6.4 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.1% from $6.1 billion the previous year.
Is Invesco profitable?
No. Invesco reported a net loss of $281.7 million in fiscal 2025, a net profit margin of −4.4%; its operating margin was −10.9%.
What is Invesco's gross margin?
Invesco's gross margin was 43.2% in fiscal 2025: for every $100 of revenue, Invesco kept $43 after the direct cost of its products and services.
How fast is Invesco growing?
Revenue grew 0.7% a year on average over the last five fiscal years, from $6.1 billion to $6.4 billion.
What are Invesco's earnings per share?
Invesco earned $2.03 per diluted share in fiscal 2025, compared with $1.72 a year earlier.
When will Invesco report its next earnings?
Invesco is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 before the market opens.
When does Invesco's fiscal year end?
Invesco's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 24, 2026.