Symbols

PAX

Patria Investments·NASDAQ

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PAX fundamentals

PAX Q4 2025 Earnings

Patria Investments (PAX) released its earnings on Feb 3, 2026: revenue was 123.79M (YoY -21.25%), beat estimates; EPS was 0.5 (YoY -13.79%), beat estimates.

Revenue / YoY

123.79M

-21.25%

EPS / YoY

0.5

-13.79%

Report date

Feb 3, 2026

PAX Earnings Call Summary for Q4,2025

$7.7B Fundraising Record: Exceeds 2025 target by 30%, driven by credit (+$1.8B) and GPMS (+$2B).
FRE Growth: $202.5M (+19% YoY).
Acquisition Expansion: Solis and WP Global add $5.7B AUM.
Energy Trading Leadership: Tria to become Brazil's top energy trader.
Tax Rate: 10% guidance.
Performance Fees: $62M realized, $20M expected 2026.
Share Buyback: 7M authorized repurchase.
Real Estate Scale: Brazil REITs leader with $5.7B AUM.
Litigation Resolution: 85% of disputes closed.
Private Markets: WP Global acquisition.
Interest Rate Sensitivity: Lower rates boost REITs.
M&A Costs: $20-25M quarterly.
Energy Trading Expansion: Raizen Power acquisition.
FRE Margin: 59% in 2025.
Performance Fees Pipeline: $250M unrealized.
Share Buyback: 7M authorized.
Tax Guidance: 10% rate.
Private Equity Valuation: Independent appraisals.
Litigation Resolution: 85% disputes closed.
GPMS AUM: $11.6B pro forma.
Credit AUM: $12.1B credit.
Share Repurchase: 3M additional.
Energy Trading: Tria expansion.
Tax Rate: 10% guidance.
Real Estate AUM: $5.7B REITs.
Litigation: 85% resolved.
M&A Costs: $20-25M qtr.
Energy Trading: Tria leadership.
Tax Rate: 10% guidance.
Performance Fees: $62M realized.
Share Buyback: 7M authorized.
Energy Trading: Tria acquisition.
Tax Rate: 10%.

Earnings

EPS

Revenue

Revenue & Expenses

PAX has released its 2025 Q4 earnings report, with revenue of 133.20M, reflecting a YoY change of -15.27%, and net profit of 35.60M, showing a YoY change of -35.86%. The Sankey diagram below clearly presents PAX's revenue sources and cost distribution.

Key Indicators

Patria Investments (PAX) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

Patria Investments (PAX)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.

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Breakdown

Balance Sheet

Patria Investments (PAX)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.

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Breakdown

Cash Flow

Patria Investments (PAX)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.

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