T. Rowe Price Group (TROW) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter was lower than the immediately preceding quarter. Compared with the same quarter one year earlier, revenue was slightly higher.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter was lower than the immediately preceding quarter. Compared with the same quarter one year earlier, revenue was slightly higher.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
-3.3%
Change from the immediately preceding quarter.
Year-over-year
+0.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $1.7B | +7.6% |
| Sep 30, 2024 | $1.8B | +6.9% |
| Dec 31, 2024 | $1.8B | +11.1% |
| Mar 31, 2025 | $1.8B | +0.8% |
Revenue performance
The reported revenue declined from the prior quarter, reflecting a sequential decrease. On a year-over-year basis, revenue showed a modest increase.
Quarterly comparison
Revenue in the current quarter was down compared to the immediately preceding quarter. However, it was up relative to the same quarter one year earlier.
What to watch
Future revenue will continue to depend on changes in total assets under management and market conditions.