NASDAQ$PAX

Patria Investments Limited · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Patria Investments Limited reported unaudited Q2 2026 results on July 31, 2026, showing strong growth in fee-related earnings and AUM.

Patria reported Fee-Related Earnings of $57.1 million, up 24% year-over-year, with an FRE margin of 54.0%. Distributable Earnings reached $50.7 million or $0.32 per share. The company raised $2.3 billion in the quarter and declared a quarterly dividend of $0.1625 per share. IFRS net income attributable to Patria was $10.5 million.

  • Fee-Related Earnings grew 24% YoY to $57.1 million with 54.0% margin, supported by Fee-Earning AUM of $48.9 billion (+32% YoY).
  • Distributable Earnings per share rose 31% YoY to $0.32; on track for full-year 2026 FRE guidance of $225-245 million.
  • Fundraising totaled $2.3 billion in Q2, bringing YTD to $4.5 billion; total AUM reached $62.1 billion.
  • Quarterly dividend of $0.1625 per share declared, payable September 14, 2026.

Headline financials

Total Revenue

$106M

Previous: $81.2M+30.4%
EPS (adj)

$0.32

Previous: $0.24+33.3%
FRE Margin

54.0%

Previous: 56.8%-4.9%
Distributable EPS

$0.32

Previous: $0.24+33.3%
Quarterly Dividend per Share

$0.16

Previous: $0.15+8.3%
Distributable Earnings

$50.7M

No prior period
Capital Raised (Q2)

$2.3B

No prior period
Total AUM

$62.1B

No prior period
Fee-Earning AUM

$48.9B

No prior period
Fee-Related Earnings

$57.1M

No prior period
Net Income

$10.5M

Previous: $12.9M-18.6%
Operating Income

$57.1M

Previous: $46.1M+23.9%

Revenue & EPS history

Patria · Revenue · Quarterly

$106M

Q2 2026+30.4%vs Q2 2025
Beat estimate in 6 of 12 quarters(50%)
ActualEstimate

Forward guidance

On track to achieve full-year 2026 FRE guidance of $225 to $245 million ($1.42 to $1.54 per share).

Tailwinds

  • Strong fundraising momentum with $4.5B YTD, on pace to exceed full-year target.
  • Diversified platform and permanent capital vehicles supporting resilient earnings.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.0%

Avg return

Earnings day

+1.7%

Avg return

5 days after

-0.2%

Avg return

30 days after

57%

12 / 21 earnings

Positive

+10.1%

Q4 2022

Best reaction

-6.0%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-1.8%-10.7%-13.8%
Q4 2025-2.0%+3.8%-7.1%
Q3 2025+3.1%+1.6%+6.3%
Q2 2025-4.3%-1.4%-2.9%
Q1 2025-1.6%+3.0%+19.3%
Q4 2024+4.2%+5.8%-6.0%
Q3 2024+4.1%+2.6%+3.5%
Q1 2024-4.7%-3.7%-2.9%
Q4 2023+8.8%+9.3%+2.3%
Q3 2023+2.0%+3.5%+5.6%
Q2 2023+1.4%+1.7%-3.1%
Q1 2023-0.5%+3.2%+7.5%
Q4 2022+10.1%+8.7%-4.1%
Q3 2022-1.2%-2.4%-4.8%
Q2 2022-4.5%-4.4%-7.7%
Q1 2022+1.8%+12.8%+3.0%
Q4 2021+0.3%-3.2%-8.3%
Q3 2021+4.7%+0.9%-7.7%
Q2 2021+3.5%+4.4%+14.4%
Q1 2021+3.2%+9.4%+16.5%
Q4 2020-6.0%-10.3%-15.0%
Q3 2020
Q2 2020
Q1 2020
Q4 2019

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