PRICE T ROWE GROUP INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: T. Rowe Price delivered solid Q1 FY2026 results with revenue rising 5.3% YoY to $1.86B and operating income surging 14.1% to $680.5M, driven by improved operating leverage and strong cash generation.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue increased 5.3% YoY to $1,857.0M in Q1 FY2026 from $1,763.9M in the prior-year period, likely reflecting higher average assets under management (AUM) and improved market conditions supporting fee income.
Operating margin improved significantly to 36.6% in Q1 FY2026 from 33.8% in Q1 FY2025, a gain of approximately 280 basis points YoY, indicating that revenue growth outpaced expense growth and the firm achieved meaningful operating leverage.
Operating cash flow surged 30.2% YoY to $824.3M, well above net income of $498.2M, reflecting strong cash conversion and non-cash items. This robust cash generation supports the firm's capital return program.
Revenue
$1.86B
++5.28% YoY
EPS (Basic)
$2.23
++3.72% YoY
Operating Income
$680.5M
++14.12% YoY
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