TROW · Q4 FY25 · Oct 1 – Dec 31, 2025
T. Rowe Price Q4 FY25: where the revenue came from and where it went
T. Rowe Price Q4 FY25: revenue $1.9B (+6% year over year). Net profit $0.4B. Largest cohort Asset Management1 $1.7B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 13, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$1.9B
+6% year over year
Operating profit$0.5B
24% margin
Net profit$0.4B
23% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.9 | 100% | +6% |
| Asset Management1 | 1.7 | 89% | +4% |
| Administrative Distribution… | 0.1 | 5% | −1% |
| Operating expenses | −1.5 | 76% | +7pp |
| Operating profit | 0.5 | 24% margin | −7pp |
| Tax | −0.2 | ||
| Net profit | 0.4 | 23% | −1pp |
Older quarters
-
Q3 FY25 9/2025Revenue $1.9B Net margin 34%
-
Q2 FY25 6/2025Revenue $1.7B Net margin 29%
-
Q3 FY24 9/2024Revenue $1.8B Net margin 34%
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