SEI Investments Posts 20% EPS Gain, 13% Revenue Growth in Q1 2026
SEI Investments delivered 20% EPS growth to $1.40 in Q1 2026 as revenues rose 13% to $622 million and operating income climbed 21% to $189 million, driving a 30% operating margin. Net sales events reached a record $67.2 million, including $57.1 million recurring, and buybacks totaled $208 million.
1. Financial Results Overview
SEI Investments reported Q1 2026 U.S. GAAP revenue of $622.2 million, up 13% year-over-year, and operating income of $189.5 million, a 21% increase that drove operating margin to 30% from 28%. Diluted EPS rose 20% to $1.40, while adjusted EPS improved 21% to $1.44 with an adjusted operating margin of 32%.
2. Segment Sales Momentum
Net sales events totaled a record $67.2 million, including $57.1 million of recurring sales, led by a $50.5 million contribution from Investment Managers. Private Banking sales events reached $6.5 million, and Investment Advisors contributed $7.0 million, reflecting strong demand for ETFs, SMAs and custody solutions. Institutional Investors recorded a negative $2.9 million due to a client annuitization.
3. Share Repurchases & Outlook
SEI repurchased 2.6 million shares for $208.3 million in the quarter, supporting capital return and margin targets. Leadership highlighted progress in AI and automation investments and broad-based client momentum across outsourcing, technology services and asset management as drivers of scalable growth. The company affirmed its strategy to leverage professional services to sustain earnings and margin expansion.