SEI Investments (SEIC) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 14.4% YoY to $662.0M; adjusted operating income increased 24.9% to $208.5M and adjusted diluted EPS rose 24.2% to $1.64.

• Q3 sales events totaled $46.8M; YTD sales events reached $157.4M, exceeding the prior full-year record.

• Broad-based growth, deeper client relationships and demand for enterprise transformation supported performance.

Financial highlights

• GAAP operating income was $198.0M, up 23.8% YoY; net income attributable to SEI was $168.3M vs. $164.2M, and diluted EPS was $1.38 vs. $1.30.

• Adjusted net income was $200.0M vs. $166.2M; adjusted diluted EPS was $1.64 vs. $1.32.

• 9M revenue increased 14% to $1.926B; GAAP operating income rose 26% to $584.5M and adjusted operating income rose 28% to $614.1M.

• 9M net income attributable to SEI was $538.4M vs. $542.8M; GAAP diluted EPS was $4.37 vs. $4.25, while adjusted diluted EPS was $4.73 vs. $3.71.

• Q3 expenses increased 11% YoY to $464.0M; 9M operating cash flow rose to $565.3M from $481.3M.

Outlook and guidance

• Strong pipelines and client engagement supported confidence into Q4 and early 2027, with opportunities across wealth, retirement, outsourcing and enterprise services.

• Q4 share repurchases are expected to be similar to Q3; the additional $800M authorization supports activity into 2027.

• Retail transfer agency and fund administration revenue is expected to exceed a $10M run rate by end-2027; management said the target may prove light.

• ETF assets reached $9B from $3B-$4B last year; management sees potential to double again next year.