Artisan Partners Reports Q3 2026 Results with Increased Earnings Despite AUM Decline
Artisan Partners (APAM) reported third-quarter results characterized by a significant decline in Assets Under Management (AUM), which fell to $169 billion. This 8% sequential decrease was driven primarily by $10.6 billion in net client outflows, including two discrete events involving a team wind-down and a large global value client rebalancing. Despite the reduction in assets, the firm saw improved profitability with adjusted earnings per share rising to $1.03 from $0.98 in the previous quarter. Revenue grew 4% year-over-year to $313 million, supported by an expanded adjusted operating margin of 35.5%. The company is seeing strategic growth in its credit and alternative segments, which now represent 15% of total firm assets.
Tickers: $APAM
Topics: Adjusted EPS Assets Under Management Dividends Net Client Outflows Revenue
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