NASDAQ$PAX
Patria Investments Limited · Q4 2025 earnings
Q4 2025 earnings · · Before market open · Investor relations
Briefing
Reported strong fourth quarter results driven by higher fee revenues and improved margins.
Patria delivered solid Q4 2025 results with higher management fees, strong fee-related earnings growth, and positive net income, supported by increased FEAUM and fundraising momentum.
- Management fees increased due to higher fee-earning AUM
- Fee Related Earnings margin expanded meaningfully
- Net income attributable to shareholders remained strong
- Quarterly dividend of $0.15 per share was declared
Headline financials
Revenue & EPS history
Patria · Revenue · Quarterly
$133M
Forward guidance
Management expects continued fundraising strength and earnings growth supported by recent acquisitions and platform expansion.
Tailwinds
- Strong fundraising pipeline entering 2026
- Expanded capabilities through recent acquisitions
- Growing fee-earning AUM base
- Improving operating leverage
- Clear strategic focus on core asset classes
Headwinds
- Potential market volatility impacting valuations
- Integration risk from multiple acquisitions
- Foreign exchange fluctuations
- Regulatory uncertainty in certain markets
- Competitive pressure in alternative asset management
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q4 2025
+1.0%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+0.8%
Avg return
30 days after
57%
12 / 21 earnings
Positive
+10.1%
Q4 2022
Best reaction
-6.0%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.8% | -10.7% | — | |
| Q4 2025 | -2.0% | +3.8% | — | |
| 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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