T. Rowe Price Group, Inc. (TROW) Revenue by Segment
T. Rowe Price revenue by segment at a glance
In Q2 fiscal 2026 (the quarter ended June 30, 2026), T. Rowe Price's largest product or service was Asset Management, with $1.74 billion or 91% of revenue, up 11.3% from a year earlier. Next: Administrative, Distribution, Servicing and Other Fee Revenue (8%), Capital Allocation Based Income (1%) and Performance-Based Advisory Fees (under 1%).
By customer type, Sponsored Mutual Funds In U S brought in 63%, Subadvised Funds, Separate Accounts, Collective Investment Trusts, And Other Investment Products brought in 35% and Other Clients brought in 1% of revenue in Q3 fiscal 2021.
The fastest-growing product or service from a year earlier was Asset Management (+11.3%).
From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q1 fiscal 2017.
T. Rowe Price Group, Inc.
Revenue breakdown
Fiscal quarters, from company filings
T. Rowe Price revenue by product or service, last 4 quarters
| Product or service | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Asset Management | $1.7B | $1.7B | $1.7B | $1.6B | 91% |
| Administrative, Distribution, Servicing and Other Fee Revenue | $144.2M | $138.4M | $146.4M | $149.7M | 8% |
| Capital Allocation Based Income | $11.9M | $28.1M | $42.0M | – | 1% |
| Performance-Based Advisory Fees | $6.5M | $7.5M | $6.4M | $6.4M | under 1% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
T. Rowe Price revenue by customer type, last 4 quarters
| Customer type | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Sponsored Mutual Funds In U S | – | – | – | – | 63% |
| Subadvised Funds, Separate Accounts, Collective Investment Trusts, And Other Investment Products | – | – | – | – | 35% |
| Other Clients | – | – | – | – | 1% |
In USD, fiscal quarters as reported; share = part of Q3 FY21 revenue.
Questions and answers
Which product or service makes the most money for T. Rowe Price?
Asset Management: $1.74 billion, or 91% of revenue, in Q2 fiscal 2026.
What are T. Rowe Price's main products and services?
By revenue in Q2 fiscal 2026: Asset Management (91%), Administrative, Distribution, Servicing and Other Fee Revenue (8%), Capital Allocation Based Income (1%) and Performance-Based Advisory Fees (under 1%).
