PAX delivered a solid operational beat with key metrics (FRE, Distributable EPS, AUM, fundraising) all showing strong growth. Traders should watch for initial pop and consider taking profits quickly, as the maintained guidance and lack of explicit revenue disclosure may limit sustained upside.
Price Chart
Executive Summary
Patria Investments reported Q2 2026 Distributable EPS of $0.32, beating the $0.29 consensus by ~10%, driven by 24% YoY growth in Fee-Related Earnings to $57.1M and $2.3B in quarterly fundraising. The company maintained its full-year FRE guidance of $225-245M, signaling confidence, though the stock has historically reacted poorly to positive earnings surprises.
Key Financial Metrics
Key Facts
- Distributable EPS of $0.32 beat consensus of $0.29 by ~10%
- Fee-Related Earnings (FRE) of $57.1M, up 24% YoY and 13% sequentially
- FRE margin of 54.0%
- Fee-Earning AUM of $48.9B, up 32% YoY and 7% sequentially
- Quarterly fundraising of $2.3B, bringing YTD total to $4.5B
- Full-year 2026 FRE guidance maintained at $225-245M ($1.42-$1.54 per share)
- Quarterly dividend declared at $0.1625 per share
Financial Impact
Distributable EPS beat consensus by ~10%, FRE up 24% YoY, strong fundraising momentum
Risk Factors
- Revenue not explicitly reported; reliance on fee income and AUM growth
- Latin America exposure introduces geopolitical and currency risk
- Guidance maintained, not raised, limiting upside catalyst
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3336661 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 4d ago | Press Release | $11.90 | awaiting T+5 | — | $9.69 (−18.57%) |
Oct 7, 2026 19d ago | 6-K | $11.11 $11.50 | ▲ +3.51% | ▲ +4.49% | $9.69 (−12.78%) |
Oct 5, 2026 20d ago | 6-K | $11.20 $11.64 | ▲ +3.88% | ▲ +4.02% | $9.69 (−13.48%) |
Jul 31, 2026 12w ago | 6-K | $10.82 $11.53 | ▲ +6.56% | ▲ +3.05% | $9.69 (−10.44%) |
Jul 31, 2026 12w ago | Press Release | $10.82 $11.53 | ▲ +6.56% | ▲ +3.05% | $9.69 (−10.44%) |
Jun 5, 2026 20w ago | Insider Buy | $11.40 $11.58 | ▲ +1.58% | ▼ −0.53% | $9.69 (−15.00%) |
May 6, 2026 24w ago | Press Release | $12.92 | awaiting T+5 | — | $9.69 (−25.00%) |
US Market Status
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