SEI Investments Co Q2 2026: Revenue $641.6M, EPS $1.59— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.SEI Investments Co reported Q2 2026 results with revenue rising 14.7% to $641.6M, driven by the Stratos acquisition and higher assets under management. However, net income decreased 13.9% to $195.7M, causing diluted EPS to fall to $1.59 from $1.78 in the prior year. The company noted a shift toward separately managed accounts and improved operating margins for Investment Managers despite increased costs.
SEI Investments Co reported second-quarter 2026 results with revenue rising to $641.6M from $559.6M a year earlier, while net income attributable to SEI decreased to $195.7M and diluted EPS fell to $1.59 versus $1.78 in the year-ago quarter.
Financial Highlights
- Revenue was $641.6M, compared with $559.6M in the prior-year quarter; YoY change 14.7%.
- Net income was $195.7M, compared with $227.1M in the prior-year quarter; YoY change (13.9%).
- Diluted EPS was $1.59, compared with $1.78 in the prior-year quarter; YoY change (10.7%).
Business Highlights
- Revenue growth of about 14–15% was driven by higher assets under administration/management and the contribution from the Stratos acquisition.
- Channel and product mix shifted toward separately managed accounts and Strategist programs, with a noted decrease in SEI fund program activity.
- Stratos acquisition added $40.1M of revenue and expanded SEI's advisor network, bringing approximately $41.9B in assets.
- Operational initiatives included SWP client conversions, deployment of the SEI Scope platform and increased capitalized software spending to enhance scale and platform capabilities.
- Investment Managers and Private Banks saw improved operating margins despite higher personnel costs and increased amortization from acquisitions.
Original SEC Filing: SEI INVESTMENTS CO [ SEIC ] - 10-Q - Jul. 27, 2026