T. Rowe Price Group (NASDAQ: TROW) lifts Q2 EPS as AUM nears $1.9T

T. Rowe Price Group reported strong Q2 2026 results, with net revenues increasing 10.7% to $1,907.4 million and diluted EPS rising to $2.88, up 28.6% year-over-year. The company's assets under management (AUM) reached $1,893.4 billion, driven by market appreciation despite net cash outflows. Operating expenses increased by 9.8%, including a restructuring charge, but the operating margin improved to 28.3%.