Invesco Ltd Financials
Invesco Ltd (IVZ) reported $6.9B in revenue over the twelve months to Jun 30, 2026, up 12.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Invesco’s dominant mechanic is cash generation staying positive while reported earnings swing sharply and the balance sheet absorbs financing changes.
From FY2023 through FY2025, free cash flow remained positive at$1.14B ,$1.12B , and$1.44B , even as net income moved from a$334M loss to a$538M profit and back to a$175M loss. That gap means cash conversion is more stable than accounting earnings; the data support non-cash or working-capital effects, but do not identify which.
Revenue increased from
Debt increased from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Invesco Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Invesco Ltd has an operating margin of -10.9%, meaning the company loses $11 on every $100 of revenue. This results in a profitability score of 28/100. This is down from 13.7% the prior year.
Invesco Ltd's revenue grew 5.1% year-over-year to $6.4B, a solid pace of expansion. This earns a growth score of 53/100.
Invesco Ltd carries a low D/E ratio of 0.15, meaning only $0.15 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 77/100, indicating a strong balance sheet with room for future borrowing.
Not available for Invesco Ltd, and counted as zero in the overall score.
Invesco Ltd converts 22.6% of revenue into free cash flow ($1.4B). This strong cash generation earns a score of 87/100.
Not available for Invesco Ltd, and counted as zero in the overall score.
Invesco Ltd passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Invesco Ltd reported a net loss of $174.8M while generating $1.5B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Invesco Ltd reported an operating loss of $695.7M against $82.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Invesco Ltd generated $6.4B in revenue in fiscal year 2025. This represents an increase of 5.1% from the prior year.
Invesco Ltd's EBITDA was -$539.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 153.4% from the prior year.
Invesco Ltd reported -$174.8M in net income in fiscal year 2025. This represents a decrease of 132.5% from the prior year.
Cash & Balance Sheet
Invesco Ltd generated $1.4B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 28.6% from the prior year.
Invesco Ltd held $1.0B in cash against $1.8B in long-term debt as of fiscal year 2025.
Invesco Ltd paid $0.83 per share in dividends in fiscal year 2025.
Margins & Returns
Invesco Ltd's operating margin was -10.9% in fiscal year 2025, reflecting core business profitability. This is down 24.6 percentage points from the prior year.
Invesco Ltd's net profit margin was -2.7% in fiscal year 2025, showing the share of revenue converted to profit. This is down 11.6 percentage points from the prior year.
Invesco Ltd's ROE was -1.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 5.1 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Invesco Ltd spent $123.6M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 55.9% from the prior year.
Invesco Ltd invested $84.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 22.0% from the prior year.
Not reported for fiscal year 2025.
IVZ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8B+4.6% | $1.7B+3.1% | $1.7B+3.1% | $1.6B+8.2% | $1.5B-0.9% | $1.5B-4.0% | $1.6B+5.1% | $1.5B |
| SG&A Expenses | $133.5M-9.2% | $147.1M-1.1% | $148.7M-1.7% | $151.3M+8.7% | $139.2M+1.4% | $137.3M+1.7% | $135.0M-4.1% | $140.8M |
| Operating Income | $364.2M+9.3% | $333.2M+122.9% | -$1.5B-638.2% | $270.9M+26.5% | $214.2M-22.8% | $277.3M-11.0% | $311.7M+210.1% | $100.5M |
| Interest Expense | $23.6M-2.9% | $24.3M+5.7% | $23.0M-10.5% | $25.7M+24.2% | $20.7M+58.0% | $13.1M+5.6% | $12.4M-7.5% | $13.4M |
| Income Tax | $116.5M+43.6% | $81.1M+123.2% | -$349.5M-3503.1% | -$9.7M-112.6% | $77.0M-0.8% | $77.6M-1.4% | $78.7M+89.6% | $41.5M |
| Net Income | $338.9M+54.7% | $219.1M+124.4% | -$899.7M-352.4% | $356.4M+80.5% | $197.4M+15.4% | $171.1M-18.3% | $209.3M+280.5% | $55.0M |
| EPS (Diluted) | $0.76+49.0% | $0.51+119.5% | -$2.61 | $0.66+2300.0% | -$0.03-107.9% | $0.38-17.4% | $0.46+283.3% | $0.12 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
IVZ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $27.5B+2.4% | $26.8B-1.0% | $27.1B-4.7% | $28.4B-0.2% | $28.5B+1.3% | $28.1B+4.2% | $27.0B-1.8% | $27.5B |
| Cash & Equivalents | $915.4M+13.4% | $806.9M-22.2% | $1.0B+6.6% | $973.1M+5.5% | $922.7M+12.3% | $821.7M-16.7% | $986.5M-5.6% | $1.0B |
| Accounts Receivable | $805.5M-11.6% | $911.1M+3.0% | $884.7M+9.2% | $810.5M+8.5% | $747.1M-6.0% | $794.6M+7.3% | $740.8M+4.2% | $710.8M |
| Goodwill | $8.4B-0.2% | $8.4B-0.7% | $8.5B+0.2% | $8.5B-1.4% | $8.6B+2.5% | $8.4B+0.7% | $8.3B-4.7% | $8.7B |
| Total Liabilities | $14.0B+3.2% | $13.6B-3.7% | $14.1B+3.2% | $13.6B+0.8% | $13.5B+9.6% | $12.4B+9.0% | $11.3B-2.2% | $11.6B |
| Long-Term Debt | $1.6B-17.4% | $2.0B+7.8% | $1.8B+12.3% | $1.6B-13.8% | $1.9B+95.3% | $964.8M+8.3% | $890.6M0.0% | $890.3M |
| Total Equity | $12.5B+1.8% | $12.3B+0.2% | $12.2B-12.7% | $14.0B+1.0% | $13.9B-5.6% | $14.7B+1.0% | $14.6B-1.3% | $14.8B |
| Retained Earnings | $6.3B+4.1% | $6.0B+2.3% | $5.9B-17.9% | $7.2B+3.0% | $7.0B-1.5% | $7.1B+1.1% | $7.0B+1.7% | $6.9B |
Not reported in any period shown, so not listed: Current Assets, Inventory, Current Liabilities.
IVZ Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $734.2M+245.3% | $212.6M-53.4% | $455.8M-24.8% | $606.2M+10.6% | $547.9M+747.6% | -$84.6M-126.7% | $316.9M-27.7% | $438.4M |
| Capital Expenditures | $30.5M+114.8% | $14.2M-39.8% | $23.6M+19.2% | $19.8M+13.1% | $17.5M-25.2% | $23.4M+234.3% | -$7.0M-75.4% | $28.4M |
| Free Cash Flow | $703.7M+254.7% | $198.4M-54.1% | $432.2M-26.3% | $586.4M+10.6% | $530.4M+591.1% | -$108.0M-134.8% | $309.9M-24.4% | $410.0M |
| Investing Cash Flow | -$705.5M+3.8% | -$733.2M-108.2% | -$352.2M-38.2% | -$254.8M+7.5% | -$275.4M-199.3% | -$92.0M-444.4% | -$16.9M-160.6% | $27.9M |
| Financing Cash Flow | -$120.6M-144.5% | $271.3M-23.8% | $356.1M+214.8% | -$310.1M+57.2% | -$724.8M-236.9% | $529.3M+234.9% | -$392.5M+4.1% | -$409.1M |
| Dividends Paid | $96.8M+1.6% | $95.3M+0.7% | $94.6M-0.4% | $95.0M-0.2% | $95.2M+2.9% | $92.5M-0.3% | $92.8M-2.6% | $95.3M |
| Share Buybacks | $50.4M-27.2% | $69.2M+168.2% | $25.8M-11.6% | $29.2M+14.5% | $25.5M-40.8% | $43.1M+65.8% | $26.0M-13.9% | $30.2M |
IVZ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 20.0%+0.9pp | 19.1%+105.3pp | -86.2%-102.7pp | 16.5%+2.4pp | 14.1%-4.0pp | 18.1%-1.4pp | 19.6%+12.9pp | 6.6% |
| Net Margin | 18.6%+6.0pp | 12.6%+65.7pp | -53.2%-74.9pp | 21.7%+8.7pp | 13.0%+1.8pp | 11.2%-1.9pp | 13.1%+9.5pp | 3.6% |
| Return on Equity | 2.7%+0.9pp | 1.8%+9.1pp | -7.4%-9.9pp | 2.5%+1.1pp | 1.4%+0.3pp | 1.2%-0.3pp | 1.4%+1.1pp | 0.4% |
| Return on Assets | 1.2%+0.4pp | 0.8%+4.1pp | -3.3%-4.6pp | 1.3%+0.6pp | 0.7%+0.1pp | 0.6%-0.2pp | 0.8%+0.6pp | 0.2% |
| Debt-to-Equity | 0.130.0x | 0.160.0x | 0.150.0x | 0.120.0x | 0.14+0.1x | 0.070.0x | 0.060.0x | 0.06 |
| FCF Margin | 38.6%+27.2pp | 11.4%-14.2pp | 25.5%-10.2pp | 35.8%+0.8pp | 35.0%+42.1pp | -7.1%-26.5pp | 19.4%-7.6pp | 27.1% |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio.
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Where Invesco Ltd Ranks
Frequently Asked Questions
What is Invesco Ltd's annual revenue?
Invesco Ltd (IVZ) reported $6.4B in total revenue for fiscal year 2025. This represents a 5.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Invesco Ltd's revenue growing?
Invesco Ltd (IVZ) revenue grew by 5.1% year-over-year, from $6.1B to $6.4B in fiscal year 2025.
Is Invesco Ltd profitable?
No, Invesco Ltd (IVZ) reported a net income of -$174.8M in fiscal year 2025, with a net profit margin of -2.7%.
What is Invesco Ltd's EBITDA?
Invesco Ltd (IVZ) had EBITDA of -$539.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Invesco Ltd have?
As of fiscal year 2025, Invesco Ltd (IVZ) had $1.0B in cash and equivalents against $1.8B in long-term debt.
What is Invesco Ltd's operating margin?
Invesco Ltd (IVZ) had an operating margin of -10.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Invesco Ltd's net profit margin?
Invesco Ltd (IVZ) had a net profit margin of -2.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Invesco Ltd pay dividends?
Yes, Invesco Ltd (IVZ) paid $0.83 per share in dividends during fiscal year 2025.
What is Invesco Ltd's return on equity (ROE)?
Invesco Ltd (IVZ) has a return on equity of -1.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Invesco Ltd's free cash flow?
Invesco Ltd (IVZ) generated $1.4B in free cash flow during fiscal year 2025. This represents a 28.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Invesco Ltd's operating cash flow?
Invesco Ltd (IVZ) generated $1.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Invesco Ltd's total assets?
Invesco Ltd (IVZ) had $27.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Invesco Ltd's capital expenditures?
Invesco Ltd (IVZ) invested $84.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Invesco Ltd's debt-to-equity ratio?
Invesco Ltd (IVZ) had a debt-to-equity ratio of 0.15 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Invesco Ltd's return on assets (ROA)?
Invesco Ltd (IVZ) had a return on assets of -0.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Invesco Ltd's Piotroski F-Score?
Invesco Ltd (IVZ) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Invesco Ltd's earnings high quality?
Invesco Ltd (IVZ) reported a net loss of $174.8M while generating $1.5B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Invesco Ltd cover its interest payments?
Invesco Ltd (IVZ) reported an operating loss of $695.7M against $82.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Invesco Ltd?
Invesco Ltd (IVZ) scores 41 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.