IVZ · 10-Q · 2026Q2 · Full report
Liquidity and Cash Position
Invesco Ltd. · 2026-08-04 · Importance 54 · Surprise 40 · No source text
Cash and cash equivalents declined $122.1 million to $915.4 million at June 30, 2026 from $1,037.5 million at December 31, 2025. Available borrowing capacity under the Revolving Credit Agreement declined to $1,764.0 million from $2,062.3 million, leaving total liquidity sources of $2,679.4 million versus $3,099.8 million. Six-month operating cash flow excluding CIP increased 56.2% to $572.5 million from $366.5 million. Cash held by consolidated investment products was excluded because it was not available to Invesco and CIP debt had no recourse to Invesco.
Key facts
- Investing cash outflows excluding CIP for the six months ended June 30, 2026 included purchases of investments of $124.0 million (six months ended June 30, 2025: $46.8 million) and capital expenditures of $44.7 million (six months ended June 30, 2025: $40.9 million). source
- Sources of liquidity by type at June 30, 2026: Cash and cash equivalents $915.4 million; Available Revolving Credit Agreement $1,764.0 million; Total sources of liquidity by type $2,679.4 million. source
- Investments at June 30, 2026: $1,454.6 million; at December 31, 2025: $1,381.1 million. source
- Cash and cash equivalents decreased by $122.1 million from $1,037.5 million at December 31, 2025 to $915.4 million at June 30, 2026. source
- Of the total seed capital and co-investments as of June 30, 2026: $548.3 million of seed capital and $724.6 million of co-investments; as of December 31, 2025: $477.8 million of seed capital and $688.5 million of co-investments. source
- Total seed capital and co-investments as of June 30, 2026: $1,272.9 million; as of December 31, 2025: $1,166.3 million. source
- Total assets, U.S. GAAP, at June 30, 2026: $27,473.1 million; As Adjusted: $17,467.1 million. source
- Cash and cash equivalents, end of period excluding CIP, for the six months ended June 30, 2026: $915.4 million; for the six months ended June 30, 2025: $922.7 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -0.5% | Investing cash outflows excluding CIP for the six months ended June 30, 2026 included purchases of investments of $124.0 million (six… |
| cash | negative | realized | -0.2% | Investing cash outflows excluding CIP for the six months ended June 30, 2026 included purchases of investments of $124.0 million (six… |
| cash | positive | realized | — | Sources of liquidity by type at June 30, 2026: Cash and cash equivalents $915.4 million; Available Revolving Credit Agreement $1,764.0… |