AI English summary of an SEC filing — figures as filed
T. Rowe Price TROWT. Rowe Price said net revenues for the 3 months ended Q3 2025 were $1,893.5 million, up 6.0% from Q3 2024. Net income attributable to the parent on a U.S. GAAP basis was $646.1 million, and diluted earnings per share were $2.87.
Key points
AI summaryT. Rowe Price said net revenues for the 3 months ended Q3 2025 were $1,893.5 million, up 6.0% from Q3 2024. Net income attributable to the parent on a U.S. GAAP basis was $646.1 million, and diluted earnings per share were $2.87.
The company said assets under management at the end of Q3 2025 were $1,767.2 billion ($1.77 trillion), and net client outflows during the quarter totaled $7.9 billion. Net market appreciation and income were $89.1 billion.
T. Rowe Price said the restructuring charge of $28.5 million in Q3 2025 was incurred in connection with the July workforce action and consisted primarily of severance and other compensation costs. Total operating expenses were $1,250.3 million, and adjusted operating expenses were $1,134.4 million.
The company said operating cash flows for the 9 months ended September 30 on a consolidated basis were $1,772.1 million, and cash and cash equivalents as of Q3 were $3,683.9 million. It returned $442 million to stockholders in 2025 from the recurring quarterly dividend and stock repurchases.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Net revenues of $1,893.5 million and net income of $646.1 million in Q3
T. Rowe Price said net revenues for the 3 months ended Q3 2025 were $1,893.5 million, up 6.0% from Q3 2024. Net income attributable to the parent on a U.S. GAAP basis was $646.1 million, and diluted earnings per share were $2.87.
Source · Based on the filing body and exhibits
Assets under management of $1.77 trillion and net client outflows of $7.9 billion
The company said assets under management at the end of Q3 2025 were $1,767.2 billion ($1.77 trillion), and net client outflows during the quarter totaled $7.9 billion. Net market appreciation and income were $89.1 billion.
Source · Based on the filing body and exhibits
Restructuring charge of $28.5 million in Q3 and operating expenses
T. Rowe Price said the restructuring charge of $28.5 million in Q3 2025 was incurred in connection with the July workforce action and consisted primarily of severance and other compensation costs. Total operating expenses were $1,250.3 million, and adjusted operating expenses were $1,134.4 million.
Source · Based on the filing body and exhibits
Operating cash flows of $1,772.1 million for the 9 months and stockholder returns of $442 million
The company said operating cash flows for the 9 months ended September 30 on a consolidated basis were $1,772.1 million, and cash and cash equivalents as of Q3 were $3,683.9 million. It returned $442 million to stockholders in 2025 from the recurring quarterly dividend and stock repurchases.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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