P10, Inc. (PX) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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PX Revenue Growth
Revenue Breakdown (FY 2025)
PX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
PX Revenue Analysis (2014–2025)
As of May 8, 2026, P10, Inc. (PX) generated trailing twelve-month (TTM) revenue of $8.98 billion, reflecting explosive growth of +10208.9% year-over-year. The most recent quarter (Q4 2025) recorded $8.76 billion in revenue, up 11442.4% sequentially.
Looking at the longer-term picture, PX's 5-year compound annual growth rate (CAGR) stands at +247.2%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $33.99 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows PX's business is primarily driven by Management Fees (96%), Advisory Fees (3%), and Other Revenue Excluding Subscription and Consulting and Referral Fee (1%). With over half of revenue concentrated in Management Fees, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including AMG, STEP, and HLNE. Compare PX vs AMG →
PX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PXCurrent | $9.0B | +10208.9% | +247.2% | 26.3% | |
 AMG | $2.4B | - | - | 31.8% | |
 STEP | $1.2B | - | - | -21.3% | |
 HLNE | $713M | - | - | 44.4% | |
 GCMG | $550M | - | - | 26.9% | |
 ARES | $6.5B | - | - | 27.2% |
PX Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $33.99B | - | $16.60B | 48.8% | $8.92B | 26.3% |
| 2024 | $296.4M | - | $141.1M | 47.6% | $60.6M | 20.4% |
| 2023 | $241.7M | - | $87.4M | 36.2% | $20.9M | 8.7% |
| 2022 | $198.4M | - | $104.1M | 52.5% | $43.4M | 21.9% |
| 2021 | $150.5M | - | $95.8M | 63.6% | $40.3M | 26.8% |
| 2020 | $67.4M | - | $42.8M | 63.6% | $8.7M | 12.9% |
| 2019 | $44.9M | - | $32.6M | 72.5% | $12.8M | 28.5% |
| 2018 | $33.1M | - | $23.7M | 71.6% | $10.9M | 33.0% |
| 2017 | $4.3M | - | $3.5M | 80.1% | $-440,000 | -10.2% |
| 2016 | $10.53B | - | $10.53B | 100.0% | $-1,447,000 | -0.0% |
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Start ComparisonPX — Frequently Asked Questions
Quick answers to the most common questions about buying PX stock.
Is PX's revenue growth accelerating or slowing?
PX revenue is accelerating at +10208.9% year-over-year, exceeding the 5-year CAGR of +247.2%. TTM revenue reached $9.0B. Growth momentum has increased versus prior periods.
What is PX's long-term revenue growth rate?
P10, Inc.'s 5-year revenue CAGR of +247.2% reflects the sustained expansion pattern. Current YoY growth of +10208.9% is above this long-term average.
How is PX's revenue distributed by segment?
PX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.