--- title: "Affiliated Managers | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 640.7 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/294353453.md" datetime: "2026-07-30T11:16:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294353453.md) - [en](https://longbridge.com/en/news/294353453.md) - [zh-HK](https://longbridge.com/zh-HK/news/294353453.md) generator: "portal-rs" --- # Affiliated Managers | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 640.7 M Revenue: As of FY2026 Q2, the actual value is USD 640.7 M, beating the estimate of USD 590.94 M. EPS: As of FY2026 Q2, the actual value is USD 6.95, beating the estimate of USD 5.32. EBIT: As of FY2026 Q2, the actual value is USD 194.5 M. Affiliated Managers Group, Inc. reported strong financial and operational results for the second quarter and first half of 2026, despite an initial statement indicating that detailed financial metrics and forward-looking statements were not present in the provided text. #### Assets Under Management (AUM) - AUM at period end was $942.4 billion as of June 30, 2026, an increase from $771.0 billion as of June 30, 2025. - Average AUM for Q2 2026 was $920.9 billion, up from $736.6 billion for Q2 2025. - For the first half of 2026, average AUM was $901.3 billion, compared to $724.3 billion for the first half of 2025. - AUM by Strategy for Q2 2026 included Private Markets at $153.3 billion, Liquid Alternatives at $293.2 billion, Equities at $321.9 billion, and Multi-Asset & Fixed Income at $174.0 billion. #### Net Client Cash Flows - Total Net Client Cash Flows for Q2 2026 were $12.9 billion, an increase from $8.1 billion for Q2 2025. - For the first half of 2026, net client cash flows were $35.5 billion, significantly up from $7.7 billion for the first half of 2025. - Net Client Cash Flows by Strategy for Q2 2026 showed Private Markets with net inflows of $7.8 billion, Liquid Alternatives with net inflows of $21.1 billion, Equities with net outflows of - $14.5 billion, and Multi-Asset & Fixed Income with net outflows of - $1.5 billion. - For the first half of 2026, Private Markets had net inflows of $12.0 billion, Liquid Alternatives had net inflows of $45.8 billion, Equities had net outflows of - $23.6 billion, and Multi-Asset & Fixed Income had net inflows of $1.3 billion. - Alternative Strategies recorded approximately $29 billion in net inflows for Q2 2026 and approximately $58 billion for the first half of 2026. #### Consolidated Revenue - Consolidated Revenue was $640.7 million for Q2 2026, up from $493.2 million for Q2 2025. - For the first half of 2026, consolidated revenue was $1,185.6 million, compared to $989.8 million for the first half of 2025. #### Total Consolidated Expenses - Total Consolidated Expenses were $486.7 million for Q2 2026, compared to $412.7 million for Q2 2025. - For the first half of 2026, total consolidated expenses were $992.6 million, compared to $869.6 million for the first half of 2025. - Compensation and related expenses were $316.1 million for Q2 2026 and $603.2 million for H1 2026, compared to $263.7 million for Q2 2025 and $494.1 million for H1 2025, respectively. - Selling, general and administrative expenses were $107.4 million for Q2 2026 and $214.7 million for H1 2026, compared to $95.7 million for Q2 2025 and $190.4 million for H1 2025, respectively. - Interest expense was $40.5 million for Q2 2026 and $78.9 million for H1 2026, compared to $34.5 million for Q2 2025 and $68.6 million for H1 2025, respectively. #### Profitability Metrics - Net Income (controlling interest) was $185.9 million for Q2 2026, a significant increase from $84.3 million for Q2 2025. - For the first half of 2026, net income (controlling interest) was $296.3 million, up from $156.6 million for the first half of 2025. - Adjusted EBITDA (controlling interest) was $316.0 million for Q2 2026, an increase of 44% year-over-year from $219.7 million for Q2 2025. - For the first half of 2026, Adjusted EBITDA (controlling interest) was $633.3 million, compared to $447.9 million for the first half of 2025. - Economic Net Income (controlling interest) was $221.4 million for Q2 2026, compared to $159.2 million for Q2 2025. - For the first half of 2026, Economic net income (controlling interest) was $446.1 million, compared to $317.9 million for the first half of 2025. #### Capital Management - Common Stock Repurchases amounted to $189 million in Q2 2026, bringing total repurchases for the first half of the year to $375 million. - The Board of Directors authorized and declared a quarterly cash dividend of $0.01 per share of common stock, payable on August 24, 2026, to stockholders of record as of August 10, 2026. #### Outlook / Guidance Affiliated Managers Group, Inc. anticipates increasing opportunities for growth investments in new and existing Affiliates to expand its participation in areas of secular demand and enhance long-term prospects. The company believes its strong business, increasing cash flow generation, flexible capital position, and competitive advantages uniquely position it to capitalize on growth opportunities. This is expected to drive durable earnings growth and create meaningful long-term shareholder value. ### Related Stocks - [AMG.US](https://longbridge.com/en/quote/AMG.US.md) ## Related News & Research - [Affiliated Managers Group (AMG) Just Gave Investors Something To Think About](https://longbridge.com/en/news/296006830.md) - [Auddia partners with AMG Corp to make Discovr Radio label’s exclusive digital release channel](https://longbridge.com/en/news/296094986.md) - [Is Wall Street Bullish or Bearish on Cummins Stock?](https://longbridge.com/en/news/296615233.md) - [AMG National Trust Bank Buys New Stake in FedEx Corporation $FDX](https://longbridge.com/en/news/296067934.md) - [Atlanta Braves Stock Sees Short Interest Triple: How Investors Are Betting for MLB Lockout](https://longbridge.com/en/news/296639549.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**