For Q1 FY2026 ended March 31, 2026, T. Rowe Price reported revenue of $1.857 billion, up 5.3% year-over-year. Net income was $498.2 million, a 1.6% increase, while operating income rose 14.1% to $680.5 million. Diluted EPS grew 3.7% to $2.23. The company held $3.73 billion in cash and $10.78 billion in equity, with no long-term debt.
•Revenue increased 5.3% YoY to $1.857 billion.
•Operating income grew 14.1% to $680.5 million.
•Diluted EPS rose 3.7% to $2.23.
•No long-term debt; cash and equity of $3.73 billion and $10.78 billion, respectively.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
T. Rowe Price is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds.
The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments.
It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million.
Founded in 1937, The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price is based in Baltimore, Maryland, with additional offices in North America, Europe, Asia, Australia.
T. Rowe Price Group, Inc. is a publicly owned investment manager that provides investment advisory services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. The firm launches and manages equity and fixed income mutual funds, investing in public equity and fixed income markets globally. It employs fundamental and quantitative analysis with a bottom-up approach, utilizing in-house and external research. The firm also engages in socially responsible investing, focusing on environmental, social, and governance issues. Additionally, it makes late-stage venture capital investments, typically ranging from $3 million to $5 million.
Where is T. Rowe Price (TROW) listed and in which currency?
T. Rowe Price Group, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol TROW. Its securities are traded in US dollars (USD), as the company is based in the United States and its primary listing is on a US exchange.
What sector and industry does T. Rowe Price (TROW) operate in?
T. Rowe Price operates in the Financial Services sector, specifically within the Asset Management industry. As an asset management firm, it manages investments on behalf of clients, including mutual funds and other investment vehicles, across equity and fixed income markets.
Where is T. Rowe Price (TROW) headquartered and what markets does it serve?
T. Rowe Price is headquartered in Baltimore, Maryland, United States. The firm serves clients globally, with additional offices in North America, Europe, Asia, and Australia. It provides services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions worldwide.
How does T. Rowe Price (TROW) make money?
T. Rowe Price generates revenue primarily through investment advisory fees charged to its clients, which include individuals, institutional investors, retirement plans, financial intermediaries, and institutions. The firm manages equity and fixed income mutual funds, earning fees based on assets under management. It also engages in late-stage venture capital investments, typically investing between $3 million and $5 million per transaction. Additionally, the firm incorporates socially responsible investing criteria, focusing on environmental, social, and governance factors, which may attract specific client segments.