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Side-by-side financial comparison of Qnity Electronics, Inc. (Q) and T. Rowe Price (TROW). Click either name above to swap in a different company.

T. Rowe Price is the larger business by last-quarter revenue ($1.9B vs $1.3B, roughly 1.4× Qnity Electronics, Inc.). T. Rowe Price runs the higher net margin — 26.1% vs 12.3%, a 13.7% gap on every dollar of revenue. On growth, Qnity Electronics, Inc. posted the faster year-over-year revenue change (10.5% vs -4.0%).

T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers funds, subadvisory services, separate account management, and retirement plans and services for individuals, institutions, and financial intermediaries. The firm has assets under management of more than $1.51 trillion and annual revenues of $6.48 billion as of 2023, placing it 537 on the Fortune 1000 list of the largest U.S. companies.

Q vs TROW — Head-to-Head

Bigger by revenue
TROW
TROW
1.4× larger
TROW
$1.9B
$1.3B
Q
Growing faster (revenue YoY)
Q
Q
+14.5% gap
Q
10.5%
-4.0%
TROW
Higher net margin
TROW
TROW
13.7% more per $
TROW
26.1%
12.3%
Q

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
Q
Q
TROW
TROW
Revenue
$1.3B
$1.9B
Net Profit
$162.0M
$484.1M
Gross Margin
47.0%
Operating Margin
36.6%
Net Margin
12.3%
26.1%
Revenue YoY
10.5%
-4.0%
Net Profit YoY
48.6%
2.7%
EPS (diluted)
$0.72
$2.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
Q
Q
TROW
TROW
Q1 26
$1.3B
$1.9B
Q4 25
$1.9B
Q3 25
$1.3B
$1.9B
Q2 25
$1.7B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.1B
$1.8B
Q2 24
$1.7B
Net Profit
Q
Q
TROW
TROW
Q1 26
$162.0M
$484.1M
Q4 25
$445.3M
Q3 25
$211.0M
$646.1M
Q2 25
$505.2M
Q1 25
$490.5M
Q4 24
$439.9M
Q3 24
$199.0M
$603.0M
Q2 24
$483.4M
Gross Margin
Q
Q
TROW
TROW
Q1 26
47.0%
Q4 25
Q3 25
45.1%
Q2 25
Q1 25
Q4 24
Q3 24
47.0%
Q2 24
Operating Margin
Q
Q
TROW
TROW
Q1 26
36.6%
Q4 25
24.4%
Q3 25
21.3%
34.0%
Q2 25
27.8%
Q1 25
33.8%
Q4 24
31.2%
Q3 24
21.8%
34.4%
Q2 24
32.6%
Net Margin
Q
Q
TROW
TROW
Q1 26
12.3%
26.1%
Q4 25
23.0%
Q3 25
16.5%
34.1%
Q2 25
29.3%
Q1 25
27.8%
Q4 24
24.1%
Q3 24
17.3%
33.8%
Q2 24
27.9%
EPS (diluted)
Q
Q
TROW
TROW
Q1 26
$0.72
$2.23
Q4 25
$1.98
Q3 25
$1.01
$2.87
Q2 25
$2.24
Q1 25
$2.15
Q4 24
$1.91
Q3 24
$0.95
$2.64
Q2 24
$2.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
Q
Q
TROW
TROW
Cash + ST InvestmentsLiquidity on hand
$857.0M
$3.7B
Total DebtLower is stronger
$4.0B
Stockholders' EquityBook value
$7.5B
$974.7M
Total Assets
$14.1B
$14.4B
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
Q
Q
TROW
TROW
Q1 26
$857.0M
$3.7B
Q4 25
$3.4B
Q3 25
$128.0M
$3.6B
Q2 25
$3.1B
Q1 25
$2.8B
Q4 24
$2.6B
Q3 24
$3.2B
Q2 24
$2.7B
Total Debt
Q
Q
TROW
TROW
Q1 26
$4.0B
Q4 25
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
Q
Q
TROW
TROW
Q1 26
$7.5B
$974.7M
Q4 25
$10.9B
Q3 25
$9.1B
$10.8B
Q2 25
$10.6B
Q1 25
$10.4B
Q4 24
$10.3B
Q3 24
$11.1B
$10.2B
Q2 24
$9.9B
Total Assets
Q
Q
TROW
TROW
Q1 26
$14.1B
$14.4B
Q4 25
$14.3B
Q3 25
$12.5B
$14.7B
Q2 25
$14.3B
Q1 25
$14.0B
Q4 24
$13.5B
Q3 24
$13.7B
Q2 24
$13.1B
Debt / Equity
Q
Q
TROW
TROW
Q1 26
0.54×
Q4 25
Q3 25
0.19×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

Q
Q

Segment breakdown not available.

TROW
TROW

Equity$974.7M52%
Multi-asset$509.1M27%
Administrative, distribution, servicing, and other fees$138.4M7%
Fixed income, including money market$111.8M6%
Alternatives$87.4M5%
Capital allocation-based income (1)$28.1M2%
Performance-based advisory fees$7.5M0%

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