T. Rowe Price Q2 FY26 EPS rises 28.6% to $2.88; net revenues increase 10.7% to $1.91 billion - TROW News | RalliesT. Rowe Price Q2 FY26 EPS rises 28.6% to $2.88; net revenues increase 10.7% to $1.91 billion
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TROW• Management commentary
- CEO Rob Sharps cited record AUM, positive flows in May and June, and continued expansion in ETFs, SMAs, and strategic partnerships.
Second-quarter results
- T. Rowe Price Q2 2026 net income attributable to shareholders rose 25.1% to $632 million; diluted EPS climbed 28.6% to $2.88.
- Net revenues increased 10.7% to $1.91 billion; operating income rose 13% to $540.5 million.
- Non-operating income jumped to $369.1 million from $235.5 million, driven by higher gains on investments and consolidated investment products.
Assets under management and flows
- Ending AUM rose 12.9% to $1.89 trillion; the quarter included $6.5 billion of net client outflows.
