T. Rowe Price reported solid financial results in Q2 2025, with EPS increasing to $2.24 on revenues of $1.72 billion. Although total net outflows reached $14.9 billion, primarily from U.S. equities, fixed income and alternative strategies saw positive inflows. Operating expenses increased, impacting operating income margins slightly.
EPS rose to $2.24, driven by stable revenue performance.
Net revenues slightly decreased to $1.72 billion, influenced by lower advisory fees.
Significant net outflows of $14.9 billion, concentrated in U.S. equity assets.
Fixed income and alternatives attracted positive net inflows, offsetting some equity losses.
The company expects continued challenges from equity outflows but anticipates growth opportunities in fixed income and alternatives.