The overall sentiment of the earnings call is positive, with strong fundraising performance, growth in fee-related earnings, and successful strategic acquisitions. Despite some challenges such as the absence of performance-related earnings and potential impacts from U.S. tariffs, the company's diversified growth strategy and robust fundraising provide confidence in achieving future targets.

Company Guidance -

Q3 2025

During the Patria Second Quarter 2025 Earnings Conference Call, the company provided updated fundraising guidance, increasing their initial target by 5% to 10% to a range of $6.3 billion to $6.6 billion, surpassing the original $6 billion goal. This upward revision is attributed to strong fundraising performance across various segments, including credit, infrastructure, real estate, and global private market solutions, with $1.3 billion raised in the second quarter alone. The company also highlighted robust fee-related earnings, reporting $46.1 million for the quarter, marking an 8% sequential and 17% year-over-year growth. Fee-earning assets under management (AUM) increased by 6% sequentially and 20% year-over-year, reaching $48.7 billion. Patria emphasized the significance of organic net inflows, which totaled over $600 million in the second quarter, contributing to a year-to-date annualized organic growth rate of approximately 8%. The company remains confident in achieving its 2025 fee-related earnings target of $200 million to $225 million, or $1.25 to $1.40 per share, reflecting approximately 20% year-over-year growth at the midpoint.

Strong Fundraising Performance

Patria reported solid fundraising of $1.3 billion in Q2 2025, with total fundraising over the first half of the year reaching approximately $4.5 billion, representing 75% of the original $6 billion target for 2025. The company now expects full-year fundraising to be 5% to 10% higher than the initial target, reaching $6.3 billion to $6.6 billion.

Fee-Related Earnings Growth

Fee-related earnings (FRE) were $46.1 million in Q2 2025, representing 8% sequential growth and 17% year-over-year growth. The company remains comfortable with its 2025 FRE target of $200 million to $225 million.

Increase in Fee-Earning AUM

Fee-earning AUM grew 6% sequentially and 20% year-over-year, reaching $37.2 billion. Total AUM reached $48.7 billion, with $600 million of organic net inflows in Q2 2025.

Organic Growth and Diversification

Patria's diversification and expansion of investments and product capabilities are driving robust fundraising and profitable net organic growth. The company reported an annualized organic growth rate of about 8% based on fee-earning AUM.

Strategic Acquisition in Brazil

Acquired seven listed REITs in Brazil, expected to add approximately $600 million of high-margin permanent capital fee-earning AUM.

Patria Investments (PAX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PAX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.29 / -	0.23	―	―	―
Aug 01, 2025	2025 (Q2)	0.28 / 0.24	0.22	9.09% (+0.02)
May 02, 2025	2025 (Q1)	0.25 / 0.23	0.21	9.52% (+0.02)
Feb 12, 2025	2024 (Q4)	0.35 / 0.58	0.47	23.40% (+0.11)
Nov 05, 2024	2024 (Q3)	0.24 / 0.23	0.23	0.00% (0.00)
Aug 01, 2024	2024 (Q2)	0.22 / 0.22	0.3	-26.67% (-0.08)
May 02, 2024	2024 (Q1)	0.30 / 0.21	0.27	-22.22% (-0.06)
Feb 15, 2024	2023 (Q4)	0.33 / 0.47	0.36	30.56% (+0.11)
Nov 07, 2023	2023 (Q3)	0.30 / 0.23	0.2	15.00% (+0.03)
Aug 03, 2023	2023 (Q2)	0.28 / 0.30	0.2	50.00% (+0.10)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PAX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 01, 2025	$13.95	$13.34	-4.37%
May 02, 2025	$10.55	$10.42	-1.23%
Feb 12, 2025	$11.70	$12.18	+4.10%
Nov 05, 2024	$11.41	$11.41	0.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Patria Investments (PAX) report earnings?

Patria Investments (PAX) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Patria Investments (PAX) earnings time?

Patria Investments (PAX) earnings time is at Nov 11, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PAX EPS forecast?

PAX EPS forecast for the fiscal quarter 2025 (Q3) is 0.29.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing