Affiliated Managers Group Operating Expenses Growth & History (AMG)
Affiliated Managers Group's operating expenses was $1.81B for fiscal 2025.
View full Affiliated Managers Group company overviewAffiliated Managers Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.81B | $297.6M | +19.74% |
| 2024 | 2024-12-31 | $1.51B | $11.2M | +0.75% |
| 2023 | 2023-12-31 | $1.50B | −$176.9M | −10.57% |
| 2022 | 2022-12-31 | $1.67B | $42.1M | +2.58% |
| 2021 | 2021-12-31 | $1.63B | $121.6M | +8.05% |
| 2020 | 2020-12-31 | $1.51B | −$109.0M | −6.73% |
| 2019 | 2019-12-31 | $1.62B | −$73.2M | −4.33% |
| 2018 | 2018-12-31 | $1.69B | $87.4M | +5.45% |
| 2017 | 2017-12-31 | $1.60B | $9.4M | +0.59% |
| 2016 | 2016-12-31 | $1.60B | −$54.3M | −3.29% |
| 2015 | 2015-12-31 | $1.65B | −$46.2M | −2.72% |
| 2014 | 2014-12-31 | $1.70B | $141.0M | +9.07% |
| 2013 | 2013-12-31 | $1.55B | $149.6M | +10.65% |
| 2012 | 2012-12-31 | $1.41B | $186.4M | +15.29% |
| 2011 | 2011-12-31 | $1.22B | $234.5M | +23.83% |
| 2010 | 2010-12-31 | $984.2M | $382.3M | +63.52% |
| 2009 | 2009-12-31 | $601.9M | −$189.6M | −23.95% |
| 2008 | 2008-12-31 | $791.5M | — | — |
Affiliated Managers Group quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $486.7M | $74.0M | +17.93% |
| Q1 2026 | 2026-03-31 | $505.9M | $49.0M | +10.72% |
| Q4 2025 | 2025-12-31 | $526.6M | $134.2M | +34.20% |
| Q3 2025 | 2025-09-30 | $409.2M | $34.5M | +9.21% |
| Q2 2025 | 2025-06-30 | $412.7M | $53.3M | +14.83% |
| Q1 2025 | 2025-03-31 | $456.9M | $75.6M | +19.83% |
| Q4 2024 | 2024-12-31 | $392.4M | $8.3M | +2.16% |
| Q3 2024 | 2024-09-30 | $374.7M | $17.3M | +4.84% |
| Q2 2024 | 2024-06-30 | $359.4M | −$15.2M | −4.06% |
| Q1 2024 | 2024-03-31 | $381.3M | $800,000 | +0.21% |
| Q4 2023 | 2023-12-31 | $384.1M | −$68.3M | −15.10% |
| Q3 2023 | 2023-09-30 | $357.4M | −$68.0M | −15.98% |
| Q2 2023 | 2023-06-30 | $374.6M | −$26.0M | −6.49% |
| Q1 2023 | 2023-03-31 | $380.5M | −$14.6M | −3.70% |
| Q4 2022 | 2022-12-31 | $452.4M | −$15.3M | −3.27% |
| Q3 2022 | 2022-09-30 | $425.4M | $30.1M | +7.61% |
| Q2 2022 | 2022-06-30 | $400.6M | $10.7M | +2.74% |
| Q1 2022 | 2022-03-31 | $395.1M | $16.6M | +4.39% |
| Q4 2021 | 2021-12-31 | $467.7M | $81.0M | +20.95% |
| Q3 2021 | 2021-09-30 | $395.3M | $36.1M | +10.05% |
| Q2 2021 | 2021-06-30 | $389.9M | −$19.7M | −4.81% |
| Q1 2021 | 2021-03-31 | $378.5M | $24.2M | +6.83% |
| Q4 2020 | 2020-12-31 | $386.7M | −$58.3M | −13.10% |
| Q3 2020 | 2020-09-30 | $359.2M | −$14.2M | −3.80% |
| Q2 2020 | 2020-06-30 | $409.6M | −$3.0M | −0.73% |
| Q1 2020 | 2020-03-31 | $354.3M | −$33.5M | −8.64% |
| Q4 2019 | 2019-12-31 | $445.0M | $17.6M | +4.12% |
| Q3 2019 | 2019-09-30 | $373.4M | −$48.2M | −11.43% |
| Q2 2019 | 2019-06-30 | $412.6M | $5.0M | +1.23% |
| Q1 2019 | 2019-03-31 | $387.8M | −$47.6M | −10.93% |
| Q4 2018 | 2018-12-31 | $427.4M | −$1.0M | −0.23% |
| Q3 2018 | 2018-09-30 | $421.6M | $32.0M | +8.21% |
| Q2 2018 | 2018-06-30 | $407.6M | $12.7M | +3.22% |
| Q1 2018 | 2018-03-31 | $435.4M | $43.7M | +11.16% |
| Q4 2017 | 2017-12-31 | $428.4M | −$54.2M | −11.23% |
| Q3 2017 | 2017-09-30 | $389.6M | $15.9M | +4.25% |
| Q2 2017 | 2017-06-30 | $394.9M | $22.6M | +6.07% |
| Q1 2017 | 2017-03-31 | $391.7M | $25.1M | +6.85% |
| Q4 2016 | 2016-12-31 | $482.6M | $86.0M | +21.68% |
| Q3 2016 | 2016-09-30 | $373.7M | −$24.2M | −6.08% |
| Q2 2016 | 2016-06-30 | $372.3M | −$79.1M | −17.52% |
| Q1 2016 | 2016-03-31 | $366.6M | −$37.0M | −9.17% |
| Q4 2015 | 2015-12-31 | $396.6M | −$46.0M | −10.39% |
| Q3 2015 | 2015-09-30 | $397.9M | −$18.2M | −4.37% |
| Q2 2015 | 2015-06-30 | $451.4M | $13.5M | +3.08% |
| Q1 2015 | 2015-03-31 | $403.6M | $4.5M | +1.13% |
| Q4 2014 | 2014-12-31 | $442.6M | $1.7M | +0.39% |
| Q3 2014 | 2014-09-30 | $416.1M | $33.6M | +8.78% |
| Q2 2014 | 2014-06-30 | $437.9M | $58.3M | +15.36% |
| Q1 2014 | 2014-03-31 | $399.1M | $47.4M | +13.48% |
| Q4 2013 | 2013-12-31 | $440.9M | $76.9M | +21.13% |
| Q3 2013 | 2013-09-30 | $382.5M | $54.9M | +16.76% |
| Q2 2013 | 2013-06-30 | $379.6M | −$25.0M | −6.18% |
| Q1 2013 | 2013-03-31 | $351.7M | $42.8M | +13.86% |
| Q4 2012 | 2012-12-31 | $364.0M | $56.8M | +18.49% |
| Q3 2012 | 2012-09-30 | $327.6M | $39.8M | +13.83% |
| Q2 2012 | 2012-06-30 | $404.6M | $82.3M | +25.54% |
| Q1 2012 | 2012-03-31 | $308.9M | $7.5M | +2.49% |
| Q4 2011 | 2011-12-31 | $307.2M | $600,000 | +0.20% |
| Q3 2011 | 2011-09-30 | $287.8M | $29.0M | +11.21% |
| Q2 2011 | 2011-06-30 | $322.3M | $86.0M | +36.39% |
| Q1 2011 | 2011-03-31 | $301.4M | $118.9M | +65.15% |
| Q4 2010 | 2010-12-31 | $306.6M | — | — |
| Q3 2010 | 2010-09-30 | $258.8M | $104.4M | +67.59% |
| Q2 2010 | 2010-06-30 | $236.3M | $86.0M | +57.17% |
| Q1 2010 | 2010-03-31 | $182.5M | — | — |
| Q3 2009 | 2009-09-30 | $154.4M | — | — |
| Q2 2009 | 2009-06-30 | $150.3M | — | — |
Affiliated Managers Group operating expenses trends
Over the last five fiscal years, Affiliated Managers Group's operating expenses increased from $1.51B to $1.81B, a change of $295.6M. The latest reported quarter, Q2 2026, shows $486.7M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Affiliated Managers Group source filings ↗