Oct 29, 7:05 AM ET
T. Rowe Price reported third-quarter 2026 results on October 29, 2026. Net revenues rose 5.9% from a year earlier to $2.0 billion, while GAAP diluted earnings per share fell to $2.79 from $2.87 and adjusted diluted EPS rose to $2.86 from $2.81. Assets under management fell $30.7 billion in the quarter to $1.9 trillion, driven by $28.3 billion of net client outflows, which matters to shareholders because it signals pressure on future fee revenue.
- Net revenues of $2,004.9 million, up 5.9% from Q3 2025 and 5.1% from Q2 2026.
- Diluted EPS of $2.79 (GAAP) versus $2.87 a year earlier; adjusted diluted EPS of $2.86 versus $2.81.
- Net client outflows of $28.3 billion; ending AUM of $1,862.7 billion, down from $1,893.4 billion at June 30, 2026.
- Full-year 2026 effective income tax rate estimated at 23.5% to 25.5%, on both U.S. GAAP and adjusted bases.
Read the filing on SEC.gov ↗
Jul 31, 7:03 AM ET
T. Rowe Price reported second-quarter 2026 results on July 31, 2026. Net revenues rose 10.7% from a year earlier to $1.9 billion, and diluted EPS was $2.88, up from $2.24, while adjusted diluted EPS was $2.57. The firm also recorded net client outflows of $6.5 billion in the quarter, and its effective fee rate excluding performance fees fell to 38.1 basis points.
- Net revenues of $1,907.4 million, up 10.7% from Q2 2025 and 2.7% from Q1 2026
- Diluted EPS of $2.88 (U.S. GAAP) versus $2.24 a year earlier; adjusted diluted EPS of $2.57
- Ending assets under management of $1.9 trillion at June 30, 2026, with net client outflows of $6.5 billion in the quarter
- Operating expenses rose 9.8% to $1,366.9 million, including a $6.7 million restructuring charge
Read the filing on SEC.gov ↗
May 18, 4:00 PM ET
T. Rowe Price's board approved Eric Veiel's appointment as president on May 15, 2026, and the firm announced the change on May 18. Rob Sharps remains chair and chief executive officer, and Veiel keeps his role as co-head of Global Investments and chief investment officer. The filing describes a leadership reshuffle within the firm rather than a change at the top.
- Eric Veiel named president; the press release says the appointment is effective June 1, 2026, while the 8-K states effective immediately
- Sébastien Page becomes co-head of Global Investments and chief investment officer, effective June 1, 2026
- Wyatt Lee becomes head of Global Multi-Asset effective October 1, 2026, and joins the Management Committee January 1, 2027
- Rob Sharps remains chair and chief executive officer
Read the filing on SEC.gov ↗
Apr 30, 7:02 AM ET
T. Rowe Price reported first-quarter 2026 results with net revenues of $1,857.0 million, up 5.3% from a year earlier, and diluted EPS of $2.23, up from $2.15. Assets under management fell to $1.7 trillion, and the firm recorded net client outflows of $13.7 billion, which shareholders may view as a concern for future fee revenue.
- Net revenues of $1,857.0 million (up 5.3% year over year) and net income attributable to the firm of $498.2 million (up 1.6%)
- Diluted EPS of $2.23 versus $2.15 in Q1 2025; adjusted diluted EPS of $2.52, up 13.0%
- Ending AUM of $1,709.7 billion, down from $1,775.6 billion at December 31, 2025, with net client outflows of $13.7 billion
- Returned $629 million to stockholders through the quarterly dividend and stock repurchases
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
