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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues      
Revenues $ 852,865 $ 906,949 $ 845,268
Operating Expenses      
Employment expenses 400,720 432,587 404,742
Distribution and other asset-based expenses 89,047 96,223 96,802
Change in fair value of contingent consideration (2,214) (5,608) (5,510)
Restructuring expense 693 1,487 824
Depreciation expense 7,992 8,958 5,804
Amortization expense 51,777 56,299 61,027
Total operating expenses 684,185 724,459 693,784
Operating Income (Loss) 168,680 182,490 151,484
Other Income (Expense)      
Other income (expense), net 3,473 2,036 (440)
Total other income (expense), net (18,807) (8,510) 3,681
Interest Income (Expense)      
Total interest income (expense), net 37,376 33,896 31,399
Income (Loss) Before Income Taxes 187,249 207,876 186,564
Income tax expense (benefit) 51,261 55,423 45,088
Net Income (Loss) 135,988 152,453 141,476
Noncontrolling interests 2,408 (30,707) (10,855)
Net Income (Loss) Attributable to Virtus Investment Partners, Inc. $ 138,396 $ 121,746 $ 130,621
Earnings (Loss) per Share—Basic (in dollars per share) $ 20.27 $ 17.19 $ 18.02
Earnings (Loss) per Share—Diluted (in dollars per share) $ 19.97 $ 16.89 $ 17.71
Weighted Average Shares Outstanding—Basic (in shares) 6,829 7,082 7,249
Weighted Average Shares Outstanding—Diluted (in shares) 6,929 7,210 7,375
Consolidated Entity excluding Consolidated Investment Products      
Operating Expenses      
Other operating expenses $ 130,358 $ 127,526 $ 125,871
Other Income (Expense)      
Realized and unrealized gain (loss) on investments, net 5,823 3,914 6,525
Interest Income (Expense)      
Interest expense (21,471) (22,132) (23,431)
Interest and dividend income 12,303 12,488 12,458
Consolidated Investment Products      
Operating Expenses      
Other operating expenses 5,812 6,987 4,224
Other Income (Expense)      
Realized and unrealized gain (loss) on investments, net (28,103) (14,460) (2,404)
Interest Income (Expense)      
Interest expense (140,908) (161,192) (155,335)
Interest and dividend income 187,452 204,732 197,707
Investment management fees      
Revenues      
Revenues 725,039 773,830 711,475
Distribution and service fees      
Revenues      
Revenues 49,579 54,692 56,153
Administration and shareholder service fees      
Revenues      
Revenues 73,275 74,294 73,857
Other income and fees      
Revenues      
Revenues $ 4,972 $ 4,133 $ 3,783