AI brief of an SEC Form 8-K · T. Rowe Price (TROW)
T. Rowe Price Q3 2026 revenue rose 5.9%, GAAP EPS fell to $2.79 from $2.87
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.
Key points
- 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.
The filing
CompanyT. Rowe Price (TROW)
Form8-K, current report
Filed with the SECOct 29, 2026, 7:05 AM ET
Accession number0001113169-26-000003
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.