Patria Reports First Quarter 2026 Earnings Results

Patria (Nasdaq: PAX) reported unaudited results for Q1 2026 ended March 31, 2026.

Rhea-AI Summary

Patria (Nasdaq: PAX) reported unaudited results for Q1 2026 ended March 31, 2026. Key figures: Fee Related Earnings $50.5M (+19% YoY), Fee‑Earning AUM nearly $46B, $2.1B raised in the quarter, Distributable Earnings $42.4M or $0.27 per share, and net income $2.3M. A quarterly dividend of $0.1625 per share was declared, payable June 11, 2026. Management highlighted fundraising momentum, inaugural bond issuance and diversified long‑duration assets as positioning the firm for growth.

Positive

• Fee Related Earnings of $50.5M (+19% YoY)
• Raised $2.1B of new capital in Q1 2026
• Fee‑Earning AUM nearly $46B
• Declared quarterly dividend of $0.1625 per share

Negative

• Net income attributable to Patria of only $2.3M in Q1 2026

Argus May 7 session

-6.81% close to close Open Argus

Details

News Market Reaction – PAX

On May 7, the day this news came out, PAX closed 6.81% below the previous close.

Data tracked by StockTitan Argus for the May 7 session.

Key Figures

Q1 2026 fundraising: $2.1 billion Fee-Earning AUM: nearly $46 billion FRE YoY growth: 19% +5 more

Q1 2026 fundraising

$2.1 billion

Capital raised in Q1 2026

Fee-Earning AUM

nearly $46 billion

Fee-Earning AUM as of Q1 2026

FRE YoY growth

19%

Year-over-year growth in Fee Related Earnings, Q1 2026 vs Q1 2025

IFRS net income

$2.3 million

Net income attributable to Patria, Q1 2026

Fee Related Earnings

$50.5 million

Q1 2026 FRE (vs. $42.6m in Q1 2025)

FRE margin

54.6%

Fee Related Earnings margin in Q1 2026

Distributable Earnings

$42.4 million

Q1 2026 Distributable Earnings, $0.27 per share

Quarterly dividend

$0.1625 per share

Dividend to record holders on May 18, 2026; payable June 11, 2026

Previous Earnings Reports

5 past events · Latest: Feb 03

Same Type 5 events

1. Feb 03

   Q4 & FY25 earnings

   24h Move

   -4.5%

   Record 2025 fundraising, FEAUM growth, strong FRE and net income metrics.

2. Nov 04

   Q3 2025 earnings

   24h Move

   +3.0%

   AUM above $50B, solid FRE and DE, strong fundraising and dividend.

3. Aug 01

   Q2 2025 earnings

   24h Move

   -4.4%

   Double‑digit FRE growth, $1.3B fundraising, dividend and buyback program.

4. May 02

   Q1 2025 earnings

   24h Move

   -1.2%

   Record $3.2B fundraising, FRE and DE growth, dividend declaration.

5. Feb 12

   Q4 & FY24 earnings

   24h Move

   +4.2%

   Exceeded fundraising target, strong FRE and DE with high margins.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

fee related earnings, fee-earning aum, distributable earnings, forward-looking statements

4 terms

fee related earnings financial

"Patria generated Fee Related Earnings of $50.5 million in Q1 2026..."

Fee related earnings are the predictable revenue a financial firm collects from ongoing client charges such as asset management fees, advisory fees, custody or service fees, and recurring commissions, as opposed to one-off gains from trading or interest income. Investors care because these fees act like a steady subscription, smoothing revenue and making a company's cash flow more reliable and easier to forecast, which reduces risk and supports valuation.

fee-earning aum financial

"grew Fee-Earning AUM to nearly $46 billion, and delivered 19% year-over-year..."

Fee-earning AUM is the portion of a firm’s total assets under management that generates fees paid by clients — for example management or performance fees — rather than assets that are non-fee or administrative. Think of it like the part of a store’s inventory that actually sells and brings in cash; for investors it signals the company’s primary revenue base, how sensitive income is to market moves or client withdrawals, and how scalable future earnings may be.

distributable earnings financial

"Distributable Earnings were $42.4 million for Q1 2026, or $0.27 per share."

Distributable earnings are the portion of a company’s reported profits that management determines is safe to pay out to shareholders after accounting for cash needs, required reserves, and non-cash bookkeeping items. Think of it like the money left in your household budget after paying bills and putting aside savings — it shows what can realistically be handed out as dividends or distributions and helps investors judge how sustainable and reliable future payouts may be.

forward-looking statements regulatory

"This press release may contain forward-looking statements within the meaning of Section 27A..."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GRAND CAYMAN, Cayman Islands, May 07, 2026 (GLOBE NEWSWIRE) -- Patria Investments Limited (Nasdaq:PAX) reported today its unaudited results for the first quarter ended March 31, 2026. The full detailed presentation of Patria's first quarter 2026 results can be accessed on the Shareholders section of Patria’s website at https://ir.patria.com/.

“We delivered a strong start to 2026, driven by continued fundraising momentum, meaningful growth in Fee-Earning AUM, and consistent investment performance across our platform,” said Alex Saigh, Chief Executive Officer of Patria. “We raised $2.1 billion in the quarter, grew Fee-Earning AUM to nearly $46 billion, and delivered 19% year-over-year growth in Fee Related Earnings, keeping us firmly on track to achieve our full year objectives. With increasing global and local investor engagement, a strengthened balance sheet following our inaugural bond issuance, and a highly diversified, long duration asset base, we believe Patria is exceptionally well positioned to capture the opportunities ahead.”

Financial Highlights (reported in $ USD)

IFRS results included $2.3 million of net income attributable to Patria in Q1 2026. Patria generated Fee Related Earnings of $50.5 million in Q1 2026, up 19% from $42.6 million in Q1 2025, with an FRE margin of 54.6%. Distributable Earnings were $42.4 million for Q1 2026, or $0.27 per share.

Dividends

Patria declared a quarterly dividend of $0.1625 per share to record holders of common stock at the close of business on May 18th, 2026. This dividend will be paid on June 11th, 2026.

Conference Call

Patria will host its first quarter 2026 earnings conference call via public webcast on May 7^th, 2026, at 9:00 a.m. ET. To register and join, please use the following link:

https://edge.media-server.com/mmc/p/6u8sf7vo/

For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Patria’s website at https://ir.patria.com/ shortly after the call’s completion.

About Patria

Patria is a global alternative asset management firm focused on the mid-market segment, specializing in resilient sectors across select regions. We are a leading asset manager in Latin America and have a strong presence in Europe through our extensive network of General Partners relationships. Our on-the-ground presence combines investment leaders, sector experts, company managers, and strategic relationships, allowing us to identify compelling investment opportunities accessible only to those with local proficiency. With over 37 years of experience and more than $59 billion in assets under management, we believe we consistently deliver attractive returns through long-term investments, while promoting inclusive and sustainable development in the regions where we operate. Further information is available at www.patria.com.

Asset Classes: Infrastructure, Credit, Real Estate, Private Equity, Solutions (GPMS), and Public Equities

Main sectors: Agribusiness, Power & Energy, Healthcare, Logistics & Transportations, Food & Beverage and Digital & Tech Services

Investment Regions: Latin America, Europe and the U.S.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify these forward-looking statements by the use of words such as “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “could,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words, among others. Forward-looking statements appear in a number of places in this press release and include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update them in light of new information or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances or to reflect the occurrence of unanticipated events. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Further information on these and other factors that could affect our financial results is included in filings we have made and will make with the U.S. Securities and Exchange Commission from time to time, including but not limited to those described under the section entitled “Risk Factors” in our most recent annual report on Form 20-F, as such factors may be updated from time to time in our periodic filings with the United States Securities and Exchange Commission (“SEC”), which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our periodic filings.

Contact

Patria Shareholder Relations
E. PatriaShareholderRelations@patria.com
T. +1 917 769 1611

Media - Burson
E. patria@hillandknowlton.com 
T. +44 20 7113 3468

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Patria's Fee Related Earnings and YoY change in Q1 2026 (PAX)?

Patria reported $50.5M in Fee Related Earnings for Q1 2026, a 19% year‑over‑year increase. According to the company, this reflects higher fee revenue driven by fundraising and growth in fee‑earning AUM.

How much capital did Patria (PAX) raise in Q1 2026 and how large is Fee‑Earning AUM?

Patria raised $2.1B in Q1 2026 and reported Fee‑Earning AUM of nearly $46B. According to the company, fundraising momentum contributed to the AUM growth and fee revenue base.

What dividend did Patria declare for Q2 2026 and when will it be paid (PAX)?

Patria declared a quarterly dividend of $0.1625 per share, with record date May 18, 2026 and payment on June 11, 2026. According to the company, the dividend follows distributable earnings for the quarter.

What was Patria's distributable earnings and EPS equivalent in Q1 2026 (PAX)?

Distributable Earnings were $42.4M, equivalent to $0.27 per share for Q1 2026. According to the company, distributable earnings are the basis for dividend declarations.

Did Patria report net income for Q1 2026 and what was the amount (PAX)?

Patria reported unaudited net income attributable to Patria of $2.3M for Q1 2026. According to the company, reported IFRS net income differs from fee‑related performance metrics disclosed.