T. Rowe Price Group (TROW) Revenue — Quarter Ended Jun 30, 2025
Revenue declined in the current quarter compared with both the immediately preceding quarter and the same quarter one year earlier. The decrease reflects lower investment advisory fees driven by changes in assets under management.
Key takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue declined in the current quarter compared with both the immediately preceding quarter and the same quarter one year earlier. The decrease reflects lower investment advisory fees driven by changes in assets under management.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
-2.3%
Change from the immediately preceding quarter.
Year-over-year
-0.6%
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 |
|---|---|---|
| Sep 30, 2024 | $1.8B | +6.9% |
| Dec 31, 2024 | $1.8B | +11.1% |
| Mar 31, 2025 | $1.8B | +0.8% |
| Jun 30, 2025 | $1.7B | -0.6% |
Revenue performance
The reported revenue decreased from the prior quarter, continuing a reversal from the growth seen in earlier periods of the fiscal year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower. Versus the same quarter one year earlier, revenue also declined, though the year-over-year decrease was smaller than the sequential drop.
What to watch
Monitor future changes in assets under management, as they are the primary driver of revenue fluctuations.