Observed Signal · Oct 29, 2026 · earnings · Source: SEC API · Impact: 3.8/5
10-Q Financial Filing Analysis for T. Rowe Price (2026-10-29)
T. Rowe Price Group, Inc. reported its Q3 2026 financial results, posting net revenues of $2,004.9 million, up 5.9% year-over-year from $1,893.5 million in Q3 2025. Net operating income expanded 19.7% to $769.8 million as GAAP operating expenses decreased 1.2% to $1,235.1 million, benefiting from lower restructuring and acquisition-related amortization charges. Consolidated net income attributable to the firm was $612.3 million ($2.79 per diluted share), down 5.2% primarily due to lower non-operating gains of $17.6 million versus $238.4 million in Q3 2025. Ending assets under management (AUM) reached $1,862.7 billion, down $30.7 billion sequentially during Q3 2026 due to net client outflows of $28.3 billion and market depreciation of $2.4 billion.
The report reflects steady active asset management fee generation and discipline in operating costs, counterbalanced by persistent organic net asset outflows ($28.3 billion in Q3) and strategic inorganic expansion into fixed income ETFs and SMAs via F/m Investments.
Track T. Rowe Price Signals & Market Shifts in Real-Time
Polaris7 autonomous intelligence agents track regulatory filings, primary sources, executive changes, and deal flow 24/7. Create your Polaris7 workspace to monitor these entities.
Key Takeaways & Evidence Grounding
- Q3 2026 net revenues reached $2,004.9 million with investment advisory fees increasing 5.8% year-over-year to $1,796.4 million, while net operating income rose 19.7% to $769.8 million.
- AUM stood at $1,862.7 billion at September 30, 2026, contracting by $30.7 billion in the quarter due to net client outflows of $28.3 billion and market depreciation/income of $(2.4) billion.
- In August 2026, T. Rowe Price entered into a definitive agreement to acquire F/m Investments, LLC for approximately $75 million in upfront cash plus up to $50 million in contingent earnout consideration, targeting a Q1 2027 close.
Connected Companies & Entities
1 Entity mappedRelated Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
10-Q Financial Filing Analysis for TPG (2026-11-03)
TPG Inc. reported its third-quarter financial results for the period ended September 30, 2026, with total revenues remaining stable year-over-year at $1.22B, while nine-month revenues increased 12% to $3.56B. Fee-related revenue expanded significantly, driven by a 22% quarterly rise in management fees to $572.7M following capital deployment in flagship vehicles including TPG X, Rise Climate II, and credit strategies. Net income for Q3 2026 grew 32% year-over-year to $263.8M ($99.6M attributable to TPG Inc., or $0.41 diluted EPS), bolstered by $121.0M in net investment gains largely reflecting mark-to-market appreciation on equity holdings in Jackson Financial Inc. Total assets under management reached $345.7B, supported by $15.2B in quarterly capital raised and expanding fee-earning AUM to $189.5B.
10-Q Financial Filing Analysis for Goldman Sachs (2026-11-02)
The Goldman Sachs Group, Inc. reported strong financial results for the third quarter ended September 30, 2026, delivering net revenues of $18.68 billion, up 23.0% year-over-year from $15.18 billion in Q3 2025. Net earnings reached $5.29 billion ($5.12 billion applicable to common shareholders), driving diluted earnings per common share to $17.01 compared to $12.25 in the prior-year quarter. Top-line expansion was led by robust performance across market making ($5.66 billion vs. $3.87 billion), asset and wealth management ($4.10 billion vs. $2.95 billion), and investment banking ($3.23 billion vs. $2.66 billion). Net interest income stood at $3.77 billion against $3.85 billion in Q3 2025. Total assets expanded to $2.18 trillion with annualized ROE and balance sheet growth supported by ongoing capital deployment, including $12.0 billion in nine-month share repurchases and transitioning consumer initiatives.
10-Q Financial Filing Analysis for T. Rowe Price (2026-07-31)
T. Rowe Price reported strong second-quarter 2026 financial results, with net revenues rising 10.7% year-over-year to $1.91 billion and net operating income expanding 13.0% to $540.5 million. Growth was driven by an 11.3% increase in investment advisory fees to $1.74 billion, bolstered by higher market valuations that lifted average Assets Under Management (AUM) by 15.7% to $1.84 trillion. Ending AUM reached $1.89 trillion, supported by $190.2 billion in net market appreciation despite $6.5 billion in net client outflows during the quarter. Operating expenses increased 9.8% to $1.37 billion, largely due to higher compensation expenses tied to market valuation increases on deferred compensation liabilities, partially offset by ongoing cost-discipline initiatives. Net income attributable to T. Rowe Price Group rose 25.1% to $632.0 million ($2.88 diluted EPS). The firm maintained robust liquidity of $6.99 billion across cash and product investments while returning $1.07 billion to shareholders through dividends and share repurchases in the first half of 2026.
Receive all future signals for T. Rowe Price & competitors in your briefing
Never miss material M&A deals, leadership changes, account wins, or product rollouts. Polaris7 monitors 20,000+ primary sources 24/7, delivering verified telemetry directly into your executive briefing.