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P10 Reports Second Quarter 2025 Earnings Results
P10P10(US:PX) Globenewswireยท2025-08-07 10:30

Core Insights - P10, Inc. reported record organic fundraising and deployments exceeding $1.9 billion in gross new fee-paying assets under management (AUM) [1] - Fee-paying AUM grew by 21% year over year, reaching $28.9 billion following the acquisition of Qualitas Funds [1][4] - The company achieved a total revenue of $72.7 million, reflecting a 2% increase year over year [9] Financial Highlights - Fee-related revenue was $72.7 million, a 6% increase year over year [9] - GAAP net income decreased to $4.2 million from $7.4 million in the prior year, representing a 43% decline [9][16] - Adjusted net income was $26.7 million, down from $28.8 million in the previous year, a decrease of 7% [9][16] Shareholder Returns - The company repurchased 2,501,083 shares at an average price of $10.49 per share, with approximately $2.3 million remaining under the share repurchase authorization [5] - A quarterly cash dividend of $0.0375 per share was declared, payable on September 19, 2025 [6] Strategic Initiatives - P10's strategies focused on capital formation, global expansion, and cross-platform collaboration, resulting in nearly $3 billion increase in gross fee-paying AUM during the quarter [4] - The company emphasizes its focus on the middle and lower-middle market, which is expected to drive long-term demand for its solutions [4]