Artisan Partners Q2: Revenue Climbs 9% to $308M, EPS Hits $1.11; U.S. Value Team to Wind Down

summarizeSummary

Artisan Partners posted Q2 2026 revenue of $307.9M (+9% YoY) and EPS of $1.11, but also disclosed $10.5B in net outflows and the wind-down of its U.S. Value team.

check_boxKey Events · Earnings and Guidance · APAM

• Q2 Revenue and Earnings Growth

  Driven by higher average AUM, revenue rose 9% to $307.9M, while net income attributable to APAM increased 20% to $80.8M, or $1.11 per diluted share.

• Net Client Outflows of $10.5B

  Net outflows were driven by $11.5B in equity strategy redemptions—including $6.4B from U.S. Value client terminations—partially offset by $1.0B in credit/alternative inflows.

• U.S. Value Team Wind-Down

  Following the loss of two large mandates, the company is winding down the U.S. Value team's business, a process expected to complete in Q3 2026.

• Dividend Increase

  A quarterly dividend of $0.80 per share was declared, up from $0.77 in the prior quarter, payable August 31, 2026.

auto_awesomeAnalysis · APAM · Finance

Artisan Partners delivered solid Q2 results, with revenue climbing 9% year-over-year to $307.9 million, fueled by a 9% increase in average AUM. Net income attributable to APAM jumped 20% to $80.8 million, or $1.11 per share. The quarter, however, was marked by $10.5 billion in net client outflows—concentrated in equity strategies—and the decision to wind down the U.S. Value team after losing two large mandates. That wind-down is expected to complete in Q3 2026. The company also declared a $0.80 quarterly dividend, up from $0.77 in the prior quarter. While the earnings beat and dividend increase are positive, the outflows and team closure introduce uncertainty about near-term AUM stability.