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
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
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.7 | 100% | −1% |
| Asset Management1 | 1.6 | 94% | +0% |
| Administrative Distribution… | 0.1 | 6% | +1% |
| Compensation and related | −0 | 42% | +0pp |
| Net operating income | −0.5 | 28% | +0pp |
| Technology, occupancy, and facility | −0.2 | 10% | +0pp |
| Net gains on investments | −0.2 | 10% | +0pp |
| General, administrative, and other | −0.1 | 6% | +0pp |
| Other | −0.2 | 14% | +0pp |
| Operating profit | 0.5 | 28% margin | −5pp |
| Tax | −0.2 | ||
| Net profit | 0.5 | 29% | +1pp |
Older quarters
-
Q4 FY25 12/2025Revenue $1.9B Net margin 23%
-
Q3 FY25 9/2025Revenue $1.9B Net margin 34%
-
Q3 FY24 9/2024Revenue $1.8B Net margin 34%
New results in your inbox
When a big company reports, you get the diagram before anyone has time to comment on it. No spam, one-click unsubscribe.