AMG’s Q2 2026 earnings call drew CEO Jay Horgen, CFO Dava Ritchea, IR VP Patricia Figueroa; analysts included Bill Katz (TD Cowen) and Hector Erazo (Jefferies).
Adjusted EBITDA reached $316 million, up 44% year over year; economic EPS was $8.29, up 54%.
AUM rose to $942 billion; Q2 net inflows totaled $13 billion, including $29 billion into alternatives.
Q3 adjusted EBITDA guidance was set at $315 million-$325 million; economic EPS was seen at $8.43-$8.71 on 26,300,000 shares.
Share repurchases were $189 million in Q2; full-year repurchases were targeted at about $600 million.
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