T. Rowe Price Q1 diluted EPS rises to $2.23 as net revenues climb 5.3%
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.
Key points
- 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
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2026.
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.