FINHUB Insights

TROW · Q2 FY25 · Apr 1 – Jun 30, 2025

T. Rowe Price Q2 FY25: where the revenue came from and where it went

T. Rowe Price Q2 FY25: revenue $1.7B (−1% year over year). Net profit $0.5B. Largest cohort Asset Management1 $1.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Aug 1, 2025 10-Q
Sankey diagram of T. Rowe Price's income statement for Q2 FY25: revenue of $1.7 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.7B −1% year over year
Operating profit$0.5B 28% margin
Net profit$0.5B 29% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 1.7 100% −1%
Asset Management1 1.6 94% +0%
Administrative Distribution… 0.1 6% +1%
Compensation and related−042%+0pp
Net operating income−0.528%+0pp
Technology, occupancy, and facility−0.210%+0pp
Net gains on investments−0.210%+0pp
General, administrative, and other−0.16%+0pp
Other−0.214%+0pp
Operating profit0.528% margin−5pp
Tax−0.2
Net profit0.529%+1pp

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters