Acadian (AAMI) Q4 2025 Earnings Call Transcript

Image source: The Motley Fool.

Thursday, Feb. 5, 2026 astatine 11 a.m. ET

• President and Chief Executive Officer — Kelly Ann Young

• Chief Financial Officer — Scott Hynes

• Director of Investor Relations — Melody Huang

Need a punctuation from a Motley Fool analyst? Email [email protected]

Melody Huang: Good morning, and invited to Acadian Asset Management Inc. Conference telephone to sermon our results for the 4th fourth ended December 31, 2025. Before we statesman the presentation, delight enactment that we whitethorn marque forward-looking statements astir our concern and fiscal performance. Each forward-looking connection is taxable to risks and uncertainties that could origin existent results to disagree materially from those projected. Additional accusation regarding these risks and uncertainties appears successful our SEC filings, including the Form 8-Ks filed contiguous containing the net release, our 2024 Form 10-K, and our Form Thank you for 2025.

Any forward-looking statements that we marque connected this telephone are based connected assumptions arsenic of today, and we undertake nary work to update them arsenic of caller accusation oregon aboriginal events. We whitethorn besides notation definite non-GAAP fiscal measures. Information astir immoderate non-GAAP measures referenced, including the reconciliation of those measures to GAAP measures, tin beryllium recovered connected our website, on with the slides that we volition usage arsenic portion of today's discussion. Finally, thing herein shall beryllium deemed to beryllium an connection oregon solicitation to bargain immoderate concern product. Kelly Young, our President and Chief Executive Officer, volition pb the call. And present I'm pleased to crook the telephone implicit to Kelly.

Kelly Ann Young: Thanks, Melody. Good morning, everyone, and acknowledgment for joining america today. I'm delighted to stock our Q4 2025 and full-year 2025 results with you. I'm pleased to item that we delivered breakthrough results crossed assets nether absorption and profitability. We ended Q4 2025 connected different precocious note. Our US GAAP nett income attributable to controlling involvement was down 18%, and EPS was down 14% compared to the twelvemonth anterior owed to accrued non-cash expenses, representing changes successful the valuation of Acadian LLC equity and nett interest. Our ENI diluted EPS of $1.32 was up 2%, driven by stock repurchases, the highest level of quarterly ENI EPS successful the firm's history. Our adjusted EBITDA was up 1%.

We realized $5.4 cardinal of affirmative nett lawsuit currency flows successful Q4 2025, 3% of opening play AUM, driven by enhanced extensions arsenic good arsenic emerging markets equity. And finally, AUM surged to $177.5 cardinal arsenic of December 31, 2025, making different grounds precocious for Acadian.