P10 Inc. Reports Q1 2025 Results: Revenue Up 2%, Adjusted Net Income Down, EPS Steady at $0.04

Reuters
05-08
P10 Inc. Reports Q1 2025 Results: Revenue Up 2%, Adjusted Net Income Down, EPS Steady at $0.04

P10 Inc., a leading private markets solutions provider, reported its financial results for the first quarter ending March 31, 2025. The company achieved a record fundraising and deployment of over $1.4 billion in gross new fee-paying assets under management (AUM). Revenue for the quarter increased by 2% year over year, reaching $67.7 million, while fee-related revenue rose by 4% to $67.6 million. The company's fee-paying AUM saw a significant increase of 10% year over year, totaling $26.3 billion. However, GAAP net income decreased to $4.7 million from $5.2 million in the prior year. Adjusted net income also declined, registering $23.5 million compared to $25.4 million in the previous year. The fully diluted GAAP earnings per share $(EPS)$ remained consistent with the prior year at $0.04, while the fully diluted adjusted net income per share was slightly lower at $0.20, compared to $0.21 the previous year. Significant business updates include the completion of the acquisition of Qualitas Funds, which expands P10's global presence. Additionally, the company's board declared a quarterly cash dividend of $0.0375 per share on Class A and Class B common stock, reflecting a 7% increase. The company also repurchased 1,215,106 shares at an average price of $12.31 per share, leaving approximately $28.5 million available under the repurchase authorization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. P10 Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-066394), on May 08, 2025, and is solely responsible for the information contained therein.

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