T. Rowe Price Group (TROW) Revenue — Quarter Ended Sep 30, 2025
Revenue for the quarter increased compared with the prior quarter and also rose relative to the same quarter a year earlier. The sequential gain reversed a slight decline in the immediately preceding period.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue for the quarter increased compared with the prior quarter and also rose relative to the same quarter a year earlier. The sequential gain reversed a slight decline in the immediately preceding period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
+9.9%
Change from the immediately preceding quarter.
Year-over-year
+6.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.2B
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 |
|---|---|---|
| Dec 31, 2024 | $1.8B | +11.1% |
| Mar 31, 2025 | $1.8B | +0.8% |
| Jun 30, 2025 | $1.7B | -0.6% |
| Sep 30, 2025 | $1.9B | +6.0% |
Revenue performance
The reported revenue direction was positive, marking a notable improvement from the prior quarter's marginal decrease. The year-over-year comparison also showed growth.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased, recovering from a small decline. Versus the same quarter one year earlier, revenue was also higher.
What to watch
Future revenue will continue to depend on changes in assets under management, which are influenced by market fluctuations and client flows.