The investment management company Invesco announced business results for the second quarter of 2026 that exceeded expectations. During the reporting period, Invesco recorded adjusted earnings of USD 322.3 million, or 71 cents per share, which was significantly above the Zacks Consensus estimate of 67 cents per share. Adjusted net revenues for the quarter ended 30 June 2026 amounted to USD 1.83 billion, representing an increase of over 20 per cent compared to USD 1.52 billion in the same period last year.
Andrew Schlossberg, President and CEO of Invesco, expressed optimism during the company's conference call: “We have built significant momentum so far in 2026 as we continue to execute on our strategic priorities.” He highlighted that Invesco's broad product range and global reach resonate with clients as they navigate increasingly complex market conditions.
The company reported assets under management (AUM) of USD 2.5 trillion at the end of the second quarter, an increase of 14.4 per cent compared to the second quarter of 2025. Particularly noteworthy is Invesco's QQQ fund, an exchange-traded fund (ETF) privately managed by the company, which recorded net inflows of USD 13.8 billion. Schlossberg emphasised that in the first half of 2026, the QQQ's AUM grew by 20 per cent, and strong organic net new money was generated in the second quarter.
The CEO added: “We see significant opportunities to further expand this flagship product with competitive advantages, not only here in the United States, where adoption is incredibly strong, but also in other international markets.” The QQQ fund is now secondary listed on the stock exchanges in Hong Kong and Tokyo, where it has generated USD 10 billion in AUM to date. Schlossberg sees further expansion opportunities for the QQQ's client base and the company's entire ETF range, which has a volume of over USD 1.25 trillion.
In the second quarter, Invesco recorded positive net inflows of USD 1.4 billion in private real estate investments, corresponding to an annualised organic growth rate of 8 per cent. Schlossberg attributed these results to the INCREF, a real estate financing fund for US wealth management clients, which continued to grow in size and assets under management, including leverage. The fund now totals over USD 6 billion.
Schlossberg noted that this fund was only launched a few years ago and is another example of Invesco's distinct investment talent, product innovation, and strong distribution teams working together to drive growth. Overall, the company is generating “significant operating leverage” and “improving margins,” according to the CEO, and he highly anticipates the continuation of this positive development. “We will remain focused on our clearly defined growth strategy, with an emphasis on relentless execution, client-centric innovation, and the teamwork we exhibit across our entire firm,” Schlossberg concluded.
