T. Rowe Price

Q2 FY2026 EarningsQ2 FY2026 results delivered a beat on adjusted EPS ($2.57 vs. $2.52 expected) despite a slight miss in total revenue ($1.91B vs. $1.92B consensus). Assets Under Management (AUM) reached a record $1.89T, driven by $190.2B in market appreciation, which offset $6.5B in net client outflows. While Multi-asset and Fixed Income segments saw positive traction, the core fundamental active equity business remains under pressure from outflows and fee compression.