Invesco beats Q2 estimates, driven by record $45 billion ETF inflows

Invesco Ltd. (IVZ) reported second-quarter adjusted earnings of $0.71 per share. Revenue reached $1.82 billion, surpassing analyst expectations.

The company recorded record net long-term inflows of $45.1 billion. This figure represents a 189% increase compared to the same period last year. Total assets under management reached $2.5 trillion.

ETF and index products drove the quarterly performance. The QQQ Trust specifically contributed $13.8 billion in net inflows.

These results arrive as BlackRock and State Street launch competing, lower-cost Nasdaq-100 ETFs. Invesco continues to defend its market position against these new rivals.