Quarterly ResultJul 31, 2026, 07:07 AM
T. Rowe Price Q2 EPS $2.88, AUM $1.9T; Net Revenue +10.7%
AI Summary
T. Rowe Price Group reported strong second quarter 2026 results with diluted EPS of $2.88, a 28.6% increase year-over-year, and record assets under management (AUM) of $1.9 trillion, up 12.9%. Net revenues rose 10.7% to $1.9074 billion. Despite net client outflows of $6.5 billion, the company returned $441 million to stockholders and is expanding its ETF and SMA business. A $6.7 million restructuring charge was incurred for expense management.
Key Highlights
- Diluted EPS was $2.88, up 28.6% from Q2 2025.
- Adjusted diluted EPS reached $2.57, a 14.7% increase YoY.
- Assets under management (AUM) hit a record $1.9 trillion, up 12.9% YoY.
- Net client outflows totaled $6.5 billion for the quarter.
- Net revenues increased 10.7% YoY to $1.9074 billion.
- Net income attributable to T. Rowe Price Group, Inc. was $632.0 million.
- $441 million was returned to stockholders via dividends and repurchases.
- A restructuring charge of $6.7 million was recorded.
Price Impact
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