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Side-by-side financial comparison of Excelerate Energy, Inc. (EE) and Victory Capital Holdings, Inc. (VCTR). Click either name above to swap in a different company.

Excelerate Energy, Inc. is the larger business by last-quarter revenue ($433.4M vs $388.0M, roughly 1.1× Victory Capital Holdings, Inc.). Victory Capital Holdings, Inc. runs the higher net margin — 28.9% vs 11.5%, a 17.4% gap on every dollar of revenue. On growth, Victory Capital Holdings, Inc. posted the faster year-over-year revenue change (76.7% vs 37.6%). Over the past eight quarters, Excelerate Energy, Inc.'s revenue compounded faster (53.8% CAGR vs 32.9%).

Excelerate Energy, Inc. is a global leading provider of flexible liquefied natural gas (LNG) solutions, offering floating storage and regasification units, LNG delivery services and integrated infrastructure projects. It serves utility and industrial clients across Europe, Asia, Latin America and the Middle East, supporting markets to achieve accessible low-carbon energy transitions.

Victory Capital Holdings, Inc. is an American financial services company headquartered in San Antonio, Texas that focuses on investment management. Outside the US, it also has investment professionals in London, Hong Kong and Singapore.

EE vs VCTR — Head-to-Head

Bigger by revenue
EE
EE
1.1× larger
EE
$433.4M
$388.0M
VCTR
Growing faster (revenue YoY)
VCTR
VCTR
+39.1% gap
VCTR
76.7%
37.6%
EE
Higher net margin
VCTR
VCTR
17.4% more per $
VCTR
28.9%
11.5%
EE
Faster 2-yr revenue CAGR
EE
EE
Annualised
EE
53.8%
32.9%
VCTR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EE
EE
VCTR
VCTR
Revenue
$433.4M
$388.0M
Net Profit
$50.0M
$112.1M
Gross Margin
Operating Margin
18.9%
41.0%
Net Margin
11.5%
28.9%
Revenue YoY
37.6%
76.7%
Net Profit YoY
-4.1%
80.8%
EPS (diluted)
$0.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EE
EE
VCTR
VCTR
Q1 26
$433.4M
$388.0M
Q4 25
$317.6M
$374.1M
Q3 25
$391.0M
$361.2M
Q2 25
$204.6M
$351.2M
Q1 25
$315.1M
$219.6M
Q4 24
$274.6M
$232.4M
Q3 24
$193.4M
$225.6M
Q2 24
$183.3M
$219.6M
Net Profit
EE
EE
VCTR
VCTR
Q1 26
$50.0M
$112.1M
Q4 25
$112.8M
Q3 25
$96.5M
Q2 25
$58.7M
Q1 25
$62.0M
Q4 24
$76.9M
Q3 24
$82.0M
Q2 24
$74.3M
Operating Margin
EE
EE
VCTR
VCTR
Q1 26
18.9%
41.0%
Q4 25
22.2%
40.9%
Q3 25
22.3%
38.2%
Q2 25
21.2%
26.8%
Q1 25
20.9%
42.3%
Q4 24
21.9%
48.1%
Q3 24
30.9%
53.3%
Q2 24
27.2%
50.4%
Net Margin
EE
EE
VCTR
VCTR
Q1 26
11.5%
28.9%
Q4 25
30.2%
Q3 25
26.7%
Q2 25
16.7%
Q1 25
28.2%
Q4 24
33.1%
Q3 24
36.3%
Q2 24
33.8%
EPS (diluted)
EE
EE
VCTR
VCTR
Q1 26
$0.37
Q4 25
$0.24
$1.33
Q3 25
$0.43
$1.11
Q2 25
$0.15
$0.68
Q1 25
$0.46
$0.96
Q4 24
$0.42
$1.18
Q3 24
$0.35
$1.24
Q2 24
$0.26
$1.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EE
EE
VCTR
VCTR
Cash + ST InvestmentsLiquidity on hand
$540.1M
$75.8M
Total DebtLower is stronger
$23.7M
Stockholders' EquityBook value
$2.3B
$2.4B
Total Assets
$4.1B
$4.1B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EE
EE
VCTR
VCTR
Q1 26
$540.1M
$75.8M
Q4 25
$538.2M
$163.7M
Q3 25
$462.6M
$115.7M
Q2 25
$426.0M
$107.9M
Q1 25
$619.5M
$175.6M
Q4 24
$537.5M
$126.7M
Q3 24
$608.4M
$188.2M
Q2 24
$609.1M
$119.0M
Total Debt
EE
EE
VCTR
VCTR
Q1 26
$23.7M
Q4 25
$936.3M
$970.0M
Q3 25
$942.0M
$972.0M
Q2 25
$946.2M
$965.7M
Q1 25
$322.6M
$964.8M
Q4 24
$333.6M
$963.9M
Q3 24
$345.7M
$982.7M
Q2 24
$356.4M
$981.7M
Stockholders' Equity
EE
EE
VCTR
VCTR
Q1 26
$2.3B
$2.4B
Q4 25
$2.2B
$2.4B
Q3 25
$2.2B
$2.4B
Q2 25
$2.1B
$2.5B
Q1 25
$1.9B
$1.1B
Q4 24
$1.9B
$1.1B
Q3 24
$1.9B
$1.2B
Q2 24
$1.8B
$1.1B
Total Assets
EE
EE
VCTR
VCTR
Q1 26
$4.1B
$4.1B
Q4 25
$4.1B
$4.2B
Q3 25
$4.1B
$4.2B
Q2 25
$4.0B
$4.2B
Q1 25
$2.9B
$2.6B
Q4 24
$2.9B
$2.5B
Q3 24
$2.9B
$2.6B
Q2 24
$2.9B
$2.5B
Debt / Equity
EE
EE
VCTR
VCTR
Q1 26
0.01×
Q4 25
0.42×
0.40×
Q3 25
0.43×
0.41×
Q2 25
0.44×
0.39×
Q1 25
0.17×
0.84×
Q4 24
0.18×
0.86×
Q3 24
0.18×
0.84×
Q2 24
0.19×
0.87×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EE
EE
VCTR
VCTR
Operating Cash FlowLast quarter
$60.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.20×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EE
EE
VCTR
VCTR
Q1 26
$60.0M
Q4 25
$104.4M
$145.1M
Q3 25
$114.9M
$165.9M
Q2 25
$87.1M
$-6.6M
Q1 25
$154.8M
$81.1M
Q4 24
$49.6M
$91.8M
Q3 24
$39.8M
$99.8M
Q2 24
$90.4M
$79.7M
Free Cash Flow
EE
EE
VCTR
VCTR
Q1 26
Q4 25
$144.5M
Q3 25
$164.8M
Q2 25
$-7.5M
Q1 25
$79.5M
Q4 24
$91.7M
Q3 24
$99.4M
Q2 24
$79.5M
FCF Margin
EE
EE
VCTR
VCTR
Q1 26
Q4 25
38.6%
Q3 25
45.6%
Q2 25
-2.1%
Q1 25
36.2%
Q4 24
39.4%
Q3 24
44.0%
Q2 24
36.2%
Capex Intensity
EE
EE
VCTR
VCTR
Q1 26
Q4 25
0.2%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
0.7%
Q4 24
0.1%
Q3 24
0.2%
Q2 24
0.1%
Cash Conversion
EE
EE
VCTR
VCTR
Q1 26
1.20×
Q4 25
1.29×
Q3 25
1.72×
Q2 25
-0.11×
Q1 25
1.31×
Q4 24
1.19×
Q3 24
1.22×
Q2 24
1.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EE
EE

LNG, gas and power$275.2M63%
Terminal services$158.3M37%

VCTR
VCTR

Investment management fees$316.4M82%
Fund administration and distribution fees$71.6M18%

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