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TROW · NASDAQ · Asset Management

T. Rowe Price (TROW)

Active investment manager spanning retirement portfolios, public markets, and alternative credit.

$105.32

vs last close+1.15 (+1.10%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	1,671	1,642	1,750	1,733	1,786	1,825	1,764	1,723	1,894	1,934	1,857	1,907
Cost of revenue	784	879	866	822	845	877	842	895	889	105	404	823
Gross profit	886	763	884	912	941	948	922	828	1,005	1,829	1,453	1,084
	305	376	298	347	327	379	326	350	362	1,358	810	544
	267	344	268	303	289	348	297	319	306	1,358	249	544
Selling & marketing	21	44	25	33	21	50	26	30	21	0	18	20
General & administrative	245	300	243	270	268	298	271	289	285	1,358	231	523
Other expenses	39	32	30	44	38	31	29	31	55	0	561	0
Operating income	581	387	587	565	614	568	596	478	643	471	643	541
	3	260	189	80	213	5	71	236	238	142	−11	369
Interest income	0	13	20	14	13	12	19	245	234	143	6	0
Other non-operating income	−39	−32	−30	−44	−38	−31	−29	−31	−55	−142	11	−7
Income before tax	584	647	776	645	826	573	667	714	882	613	632	910
Income tax expense	145	173	182	160	186	156	162	158	195	153	148	214
Net income from continuing operations	439	474	593	485	640	417	505	556	687	461	484	695
Net income	453	438	574	483	603	440	491	505	646	445	498	632
EPS, basic	$1.98	$1.91	$2.50	$2.11	$2.64	$1.93	$2.15	$2.24	$2.88	$1.99	$2.23	$2.88
EPS, diluted	$1.97	$1.90	$2.49	$2.11	$2.64	$1.92	$2.15	$2.24	$2.87	$1.99	$2.23	$2.88
Weighted average shares, basic	224	224	224	223	222	222	222	220	219	224	223	214
Weighted average shares, diluted	225	224	224	224	223	223	223	220	220	224	223	214
EBITDA	586	719	679	796	590	916	689	695	819	676	701	650
Depreciation & amortization	−34	300	63	188	−62	316	64	186	120	63	69	103
EBIT	620	419	617	609	652	600	625	510	699	613	632	547