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PX logoP10, Inc.(PX)Earnings, Financials & Key Ratios

PX•NYSE•Banking & Credit
$7.55
$909M mkt cap·47.2× P/E·Price updated May 1, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustryAlternative asset managers
AboutP10, Inc., together with its subsidiaries, operates as a multi-asset class private market solutions provider in the alternative asset management industry in the United States. The company offers private equity, venture capital, private credit, impact investing, and private credit services, as well as primary fund of funds, secondary investment, and direct and co-investments services. It also provides tax credit transaction and consulting services. The company was founded in 1992 and is headquartered in Dallas, Texas.Show more
  • Net Interest Income-$26M-16.6%
  • Total Revenue$296M+22.6%
  • Net Income$19M+362.2%
  • Return on Equity4.61%+377.3%
  • Net Interest Margin-2.93%-11.9%
  • Efficiency Ratio27.16%-1.3%
  • ROA2.2%+355.6%
  • Equity / Assets44.51%-12.7%
  • Book Value per Share3.21-12.2%
  • Tangible BV/Share-1.80-2.4%
  • Debt/Equity0.88+20.6%
Technical→

PX Key Insights

P10, Inc. (PX) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Efficient operations: 27.2% efficiency ratio
  • ✓Well capitalized: 44.5% equity/assets
  • ✓Diversified revenue: 100.0% from non-interest income

✗Weaknesses

  • ✗Weak 3Y average ROE of 3.3%
  • ✗Weak NIM of -2.9%
  • ✗Weak momentum: RS Rating 17 (bottom 17%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

PX Price & Volume

P10, Inc. (PX) stock price & volume — 10-year historical chart

Loading chart...

PX Growth Metrics

P10, Inc. (PX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years19.69%
5 Years45.86%
3 Years25.34%
TTM-

Profit CAGR

10 Years-
5 Years9.39%
3 Years20.2%
TTM24.28%

EPS CAGR

10 Years-
5 Years9.86%
3 Years25.11%
TTM31.4%

Return on Capital

10 Years1.95%
5 Years6.24%
3 Years5.77%
Last Year8.07%

PX Recent Earnings

P10, Inc. (PX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 7/12 qtrs (58%)
Q1 2026Latest
Feb 11, 2026
EPS
$0.30
Est $0.25
+20.0%
Revenue
$8.8B
Est $79M
+10937.8%
Q4 2025
Nov 6, 2025
EPS
$0.24
Est $0.23
+4.3%
Revenue
$76M
Est $79M
-4.4%
Q3 2025
Aug 7, 2025
EPS
$0.23
Est $0.20
+15.0%
Revenue
$73M
Est $75M
-2.7%
Q2 2025
May 8, 2025
EPS
$0.20
Est $0.21
-4.8%
Revenue
$68M
Est $71M
-5.0%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 11, 2026
$0.30vs $0.25+20.0%
$8.8Bvs $79M+10937.8%
Q4 2025Nov 6, 2025
$0.24vs $0.23+4.3%
$76Mvs $79M-4.4%
Q3 2025Aug 7, 2025
$0.23vs $0.20+15.0%
$73Mvs $75M-2.7%
Q2 2025May 8, 2025
$0.20vs $0.21-4.8%
$68Mvs $71M-5.0%
Based on last 12 quarters of dataView full earnings history →

PX Peer Comparison

P10, Inc. (PX) competitors in Alternative asset managers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
AMG logoAMGAffiliated Managers Group, Inc.Direct Competitor8.17B306.0213.4619.83%16.01%0.61
STEP logoSTEPStepStone Group Inc.Direct Competitor2.09B53.63-21.2865.09%-9.85%0.22
HLNE logoHLNEHamilton Lane IncorporatedDirect Competitor4.25B88.9516.4428.73%15.56%0.40
GCMG logoGCMGGCM Grosvenor Inc.Direct Competitor1.6B11.28328.8615.82%8.9%
ARES logoARESAres Management CorporationDirect Competitor40.68B123.8663.1966.55%6.25%1.71
BX logoBXBlackstone Inc.Product Competitor97.7B124.6932.1421.58%14.35%0.61
KKR logoKKRKKR & Co. Inc.Product Competitor89.86B100.7943.07-10.99%3.19%0.67
APO logoAPOApollo Global Management, Inc.Product Competitor74.68B129.5317.8416.03%12.07%0.31

Compare PX vs Peers

P10, Inc. (PX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AMG

Most directly comparable listed peer for PX.

Scale Benchmark

vs BX

Larger-name benchmark to compare PX against a more recognizable public peer.

Peer Set

Compare Top 5

vs AMG, STEP, HLNE, GCMG

PX Income Statement

P10, Inc. (PX) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Net Interest Income000-11.37M-11.72M-22.18M-9.51M-21.87M-25.51M-27.13M
NII Growth %-----3.06%-89.29%57.16%-130.11%-16.63%-46.29%
Net Interest Margin %0%0%0%-5.61%-2.01%-3.28%-1.15%-2.62%-2.93%-2.9%
Interest Income009.88M0000000
Interest Expense190M161M011.37M11.72M22.18M9.51M21.87M25.51M27.13M
Loan Loss Provision-189.66M-160.14M9.39M971K12.81M32.57M84.79M132.41M129.81M123.84M
Non-Interest Income10.53B4.31M23.18M44.9M67.37M150.53M198.36M241.73M296.45M301.31M
Non-Interest Income %100%100%70.12%100%100%100%100%100%100%100%
Total Revenue
10.53B▲ 0%
4.31M▼ 100.0%
33.06M▲ 667.0%
44.9M▲ 35.8%
67.37M▲ 50.0%
150.53M▲ 123.5%
198.36M▲ 31.8%
241.73M▲ 21.9%
296.45M▲ 22.6%
301.31M▲ 0%
Revenue Growth %-2.25%-99.96%667.01%35.83%50.03%123.45%31.77%21.87%22.63%41.71%
Non-Interest Expense1.11M3.89M16.73M19.75M34.15M55.43M60.64M66.53M80.51M87.83M
Efficiency Ratio0.01%90.28%50.62%43.98%50.69%36.82%30.57%27.52%27.16%29.15%
Operating Income
-1.45M▲ 0%
-440K▲ 69.6%
10.89M▲ 2575.9%
12.81M▲ 17.6%
8.69M▼ 32.2%
40.35M▲ 364.3%
43.42M▲ 7.6%
20.92M▼ 51.8%
60.62M▲ 189.8%
62.52M▲ 0%
Operating Margin %-0.01%-10.21%32.95%28.53%12.9%26.8%21.89%8.65%20.45%20.75%
Operating Income Growth %-9.21%69.59%2575.91%17.6%-32.18%364.33%7.63%-51.82%189.76%-
Pretax Income
-1.45M▲ 0%
1.45M▲ 200.1%
17.82M▲ 1131.8%
1.44M▼ 91.9%
-3.03M▼ 310.6%
3.7M▲ 222.0%
35.46M▲ 859.2%
-3.14M▼ 108.9%
28.36M▲ 1003.3%
22.29M▲ 0%
Pretax Margin %-0.01%33.57%53.92%3.2%-4.5%2.46%17.88%-1.3%9.57%7.4%
Income Tax-1.45M-440K6.93M-10.5M-26.84M-7.07M6.06M4.63M8.7M4.66M
Effective Tax Rate %100.07%-30.41%38.88%-729.81%885.42%-191.24%17.1%-147.52%30.66%20.91%
Net Income
-15.87M▲ 0%
-1.43M▲ 91.0%
-2.95M▼ 106.1%
11.94M▲ 505.2%
23.81M▲ 99.4%
10.77M▼ 54.8%
29.21M▲ 171.3%
-7.13M▼ 124.4%
18.7M▲ 362.2%
15.33M▲ 0%
Net Margin %-0.15%-33.18%-8.91%26.59%35.34%7.15%14.72%-2.95%6.31%5.09%
Net Income Growth %-145.64%90.99%-106.08%505.19%99.36%-54.77%171.25%-124.42%362.16%24.28%
Net Income (Continuing)-1.45M481K5.99M11.94M23.81M10.77M29.4M-7.77M19.67M17.63M
EPS (Diluted)
-0.09▲ 0%
-0.04▲ 53.5%
-0.05▼ 9.9%
0.10▲ 319.8%
0.20▲ 100.0%
0.08▼ 59.2%
0.24▲ 193.8%
-0.06▼ 125.6%
0.16▲ 360.6%
0.13▲ 0%
EPS Growth %77.75%53.48%-9.9%319.78%100%-59.15%193.76%-125.58%360.59%31.4%
EPS (Basic)-0.09-0.01-0.010.060.200.100.25-0.060.17-
Diluted Shares Outstanding16.25M34.51M64.78M117.16M117.16M112.33M121.66M116.1M120.38M117.8M

PX Balance Sheet

P10, Inc. (PX) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Cash & Short Term Investments1.57M2.11M8.95M18.71M11.77M40.92M20.02M30.47M67.45M215.28M
Cash & Due from Banks1.57M2.11M8.95M18.71M11.77M40.92M20.02M30.47M67.45M39.99M
Short Term Investments0000000000
Total Investments46M54M-35.61M02.16M1.8M2.32M1.74M2.78M1.42M
Investments Growth %39.39%17.39%-165.94%100%--16.45%28.73%-25.12%60.01%43.26%
Long-Term Investments46M54M-35.61M02.16M1.8M2.32M1.74M2.78M10.22M
Accounts Receivables0339K728K704K2.49M2.85M16.55M20.62M32.31M22.51M
Goodwill & Intangibles3.7B40.19M162.86M152.14M513.72M547.49M658.43M629.23M603.63M672.26M
Goodwill3.12B098.68M97.32M369.98M418.7M506.64M506.04M506.04M558.87M
Intangible Assets583M40.19M64.18M54.81M143.74M128.79M151.79M123.19M97.59M113.39M
PP&E (Net)4K1K46K5.76M7.62M15.77M18.8M20.41M24.32M34.44M
Other Assets-3.75B-120.19M10.85M1.13M3.37M4.76M18.72M29.05M15.14M29.7M
Total Current Assets1.68M64.05M10.16M22.07M17.94M61.24M86.81M116.13M189.87M166.33M
Total Non-Current Assets177K42.1M173.76M180.73M564.48M614.97M739.55M717.95M679.4M769.68M
Total Assets
1.85M▲ 0%
106.16M▲ 5631.9%
183.92M▲ 73.3%
202.8M▲ 10.3%
582.43M▲ 187.2%
676.22M▲ 16.1%
826.36M▲ 22.2%
834.07M▲ 0.9%
869.27M▲ 4.2%
936.01M▲ 0%
Asset Growth %-93.95%5631.91%73.25%10.27%187.19%16.1%22.2%0.93%4.22%32.02%
Return on Assets (ROA)-97.8%-2.65%-2.03%6.18%6.06%1.71%3.89%-0.86%2.2%1.64%
Accounts Payable29K191K80K106K1.1M401K2.58M15.05M30.21M23.53M
Total Debt173K61.6M200K152.42M297.74M228.2M307.78M310.12M340.37M424.07M
Net Debt-1.4M59.49M-8.75M133.71M285.96M187.28M287.76M279.65M272.92M384.08M
Long-Term Debt8.92B85.74M148.81M40.88M31.86M124.58M289.22M200.99M323.09M323.51M
Short-Term Debt164M238M0104.96M258.2M87.91M088.85M-3.31M69.88M
Other Liabilities1.21B07.02M250K199.29M31.24M44.95M52.63M71.94M40.39M
Total Current Liabilities1.67M339K1.86M119.05M283.76M109.53M39.74M135.01M66.76M136.7M
Total Non-Current Liabilities11.34B88.25M155.83M47.71M238.83M171.52M352.73M273.9M415.62M402.52M
Total Liabilities1.67M88.59M151.54M166.76M522.59M281.05M392.48M408.91M482.38M539.22M
Total Equity
182K▲ 0%
17.56M▲ 9550.0%
23.91M▲ 36.1%
36.04M▲ 50.7%
59.84M▲ 66.0%
395.16M▲ 560.4%
433.88M▲ 9.8%
425.16M▼ 2.0%
386.89M▼ 9.0%
396.79M▲ 0%
Equity Growth %-98.66%9550%36.14%50.74%66.04%560.36%9.8%-2.01%-9%-16.77%
Equity / Assets (Capital Ratio)9.83%16.54%13%17.77%10.27%58.44%52.51%50.97%44.51%42.39%
Return on Equity (ROE)-231%-16.12%-14.21%39.84%49.66%4.73%7.05%-1.66%4.61%3.86%
Book Value per Share0.010.510.370.310.513.523.573.663.213.37
Tangible BV per Share-227.71-0.66-2.15-0.99-3.87-1.36-1.85-1.76-1.80-2.34
Common Stock23K89K89K89K63K117K115K116K111K110K
Additional Paid-in Capital306.75M322.95M323.31M323.57M324.31M650.4M628.83M636.07M637.85M663.99M
Retained Earnings-306.32M-305.2M-299.21M-287.35M-264.26M-255.09M-225.88M-233.01M-214.31M-204.26M
Accumulated OCI0000000004.07M
Treasury Stock-273K-273K-273K-273K-273K-273K-9.93M-17.59M-76.65M-119.13M
Preferred Stock0000000000

PX Cash Flow Statement

P10, Inc. (PX) cash flow — operating, investing & free cash flow history

Line itemDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Cash from Operations-7.17M1.03M16.02M16.81M10.67M49.02M61.67M47.69M100.97M100.97M
Operating CF Growth %-354.02%114.42%1449.32%4.95%-36.54%359.45%25.82%-22.68%111.74%1039.58%
Net Income-1.45M481K5.99M11.94M23.81M10.77M29.4M-7.13M19.67M15.33M
Depreciation & Amortization1K1.89M10.89M10.58M15.57M30.7M27.35M29.96M26.56M25.52M
Deferred Taxes13M-3M0-10.91M-30.27M-8.14M3.69M3.76M3.97M471K
Other Non-Cash Items-5.65M1.82M18.01M2.68M2.04M17.63M1.99M2.72M12.48M20.5M
Working Capital Changes-27K325K3.36M2.1M-1.19M-6.87M-19.37M-16.27M7.84M-72.49M
Cash from Investing-3.17M-2.23M-12.79M-655K-214.19M-47.4M-98.59M-2.25M-5.8M-43.51M
Purchase of Investments-228M-12M0000-1.01M000
Sale/Maturity of Investments0000001000K000
Net Investment Activity-228M-12M0000-14K000
Acquisitions-363M-2.23M-12.76M-625K-214.16M-44.69M-95.44M744K0-1.17M
Other Investing-3.16M42M253K00-2.58M-1.68M-1.81M-1.43M1.87M
Cash from Financing-33K1.73M3.62M-5.64M196.84M29.08M22.93M-42.87M-59.11M-6.65M
Dividends Paid-856M-901M000-2.31M-10.52M-15.41M-15.49M-16.11M
Share Repurchases-33K-12M0000-22.36M-18.64M-67.81M-64.53M
Stock Issued04.66M000138M0000
Net Stock Activity-33K-7.34M000138M-22.36M-18.64M-67.81M-64.53M
Debt Issuance (Net)0-1000K1000K-1000K1000K-1000K1000K-825K1000K3M
Other Financing04.66M-288K042.29M-23.04M-21.7M-7.99M-6.03M1.49M
Net Change in Cash
-10.69M▲ 0%
540K▲ 105.1%
6.84M▲ 1167.0%
10.52M▲ 53.7%
-6.68M▼ 163.6%
30.7M▲ 559.4%
-13.99M▼ 145.6%
2.56M▲ 118.3%
36.06M▲ 1305.8%
-22.45M▲ 0%
Exchange Rate Effect-323K1000K0000000-53K
Cash at Beginning12.26M1.57M2.11M8.95M19.47M12.78M43.48M29.49M32.06M34.21M
Cash at End1.57M2.11M8.95M19.47M12.78M43.48M29.49M32.06M68.11M40.82M
Interest Paid00009.7M18.72M6.78M20.1M21.73M25.95M
Income Taxes Paid00001.17M5.04M2.48M1.54M2.54M3.66M
Free Cash Flow
-7.17M▲ 0%
-1.31B▼ 18165.0%
15.99M▲ 101.2%
16.78M▲ 5.0%
10.63M▼ 36.6%
48.86M▲ 359.4%
60.21M▲ 23.2%
46.22M▼ 23.2%
96.59M▲ 109.0%
22.65M▲ 0%
FCF Growth %-353.64%-18165%101.22%4.98%-36.63%359.43%23.22%-23.24%109%-68.11%

PX Banking Ratios

P10, Inc. (PX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201620172018201920202021202220232024TTM
Return on Equity (ROE)-231%-16.12%-14.21%39.84%49.66%4.73%7.05%-1.66%4.61%3.86%
Return on Assets (ROA)-97.8%-2.65%-2.03%6.18%6.06%1.71%3.89%-0.86%2.2%1.64%
Net Interest Margin0%0%0%-5.61%-2.01%-3.28%-1.15%-2.62%-2.93%-2.9%
Efficiency Ratio0.01%90.28%50.62%43.98%50.69%36.82%30.57%27.52%27.16%29.15%
Equity / Assets9.83%16.54%13%17.77%10.27%58.44%52.51%50.97%44.51%42.39%
Book Value / Share0.010.510.370.310.513.523.573.663.213.37
NII Growth-----3.06%-89.29%57.16%-130.11%-16.63%-11.3%
Dividend Payout------36.03%-82.83%105.06%

PX SEC Filings & Documents

P10, Inc. (PX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 23, 2026·SEC

Material company update

Feb 12, 2026·SEC

Material company update

Feb 5, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

FY 2025

May 8, 2025·SEC

PX Frequently Asked Questions

P10, Inc. (PX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

P10, Inc. (PX) grew revenue by 22.6% over the past year. This is strong growth.

Yes, P10, Inc. (PX) is profitable, generating $15.3M in net income for fiscal year 2024 (6.3% net margin).

Dividend & Returns

Yes, P10, Inc. (PX) pays a dividend with a yield of 1.70%. This makes it attractive for income-focused investors.

P10, Inc. (PX) has a return on equity (ROE) of 4.6%. This is below average, suggesting room for improvement.

Industry Metrics

P10, Inc. (PX) has a net interest margin (NIM) of -2.9%. NIM has been under pressure due to interest rate environment.

P10, Inc. (PX) has an efficiency ratio of 27.2%. This is excellent, indicating strong cost control.

Explore More PX

P10, Inc. (PX) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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