FINHUB Insights

TROW · Q3 FY25 · Sep 30, 2025

T. Rowe Price Q3 FY25: where the revenue came from and where it went

T. Rowe Price Q3 FY25: revenue $1.9B (+6% year over year). Net profit $0.6B. Largest cohort Asset Management1 $1.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Sep 30, 2025
Reported
Oct 31, 2025 10-Q
Sankey diagram of T. Rowe Price's income statement for Q3 FY25: revenue of $1.9 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.9B +6% year over year
Operating profit$0.6B 34% margin
Net profit$0.6B 34% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 1.9 100% +6%
Asset Management1 1.7 89% +4%
Administrative Distribution… 0.1 5% −1%
Compensation and related−038%+0pp
Net operating income−0.634%+0pp
Technology, occupancy, and facility−0.210%+0pp
Net gains on investments−0.29%+0pp
General, administrative, and other−0.15%+0pp
Other−0.213%+0pp
Operating profit0.634% margin+0pp
Tax−0.2
Net profit0.634%+0pp
Filing on EDGAR More quarters of TROW

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