Patria Reports Third Quarter 2026 Earnings Results
Fundraising effectively reached the full-year target one quarter early, while Fee-Related Earnings per share rose 16% year to date.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Patria Investments (PAX) reported $7.2 million in unaudited net income attributable to Patria for the third quarter ended September 30, 2026. Fee-Related Earnings, an earnings measure tied to management fees, rose 7% to $52.8 million from $49.5 million a year earlier, with a 53.7% margin. Distributable Earnings were $46.9 million, or $0.30 per share.
Fundraising reached $2.4 billion in the quarter and $6.9 billion year to date. Patria said it effectively reached its full-year fundraising target one quarter early and remained confident in delivering its 2026 guidance and progressing toward its 2027 targets. Fee-Related Earnings per share increased 16% year to date, while pending fee-earning assets under management totaled $4.8 billion. A quarterly dividend of $0.1625 per share is payable December 11, 2026, to common shareholders of record at the close of business November 13, 2026.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointFee-Related Earnings rose 7% to $52.8 million in Q3 2026 from $49.5 million in Q3 2025.
- Moderate pointFundraising reached $6.9 billion year to date, effectively meeting the full-year target one quarter early, Patria said.
- Moderate pointFee-Related Earnings per share increased 16% year to date.
- Moderate pointDistributable Earnings reached $46.9 million, or $0.30 per share, in Q3 2026.
- Moderate pointPending fee-earning assets under management totaled $4.8 billion.
4 minor points
- Minor pointIFRS net income attributable to Patria was $7.2 million in Q3 2026.
- Minor pointFee-Related Earnings margin was 53.7% in Q3 2026.
- Minor pointOver 85% of fee-earning assets were in funds at or above benchmarks since inception, excluding separately managed accounts and third-party managed funds.
- Minor point. Forward-looking: it has not happened yet and may not happen.2026 guidance and 2027 targets remain objectives Patria expressed confidence in delivering and progressing toward, respectively.
Negative
- None.
Key Figures
- Quarterly fundraising
- $2.4 billion
- Q3 2026
- Year-to-date fundraising
- $6.9 billion
- Through Q3 2026; full-year target reached one quarter ahead of schedule
- Fee-Related Earnings
- $52.8 million
- Q3 2026; up 7% from Q3 2025
- FRE margin
- 53.7%
- Q3 2026
- Distributable Earnings
- $46.9 million
- Q3 2026
- Distributable Earnings per share
- $0.30 per share
- Q3 2026
- Quarterly dividend
- $0.1625 per share
- Declared for common stockholders
- Fee-Related Earnings per share growth
- 16%
- Year to date
Previous Earnings Reports
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Fee-related and distributable earnings provide prior-quarter benchmarks for current reported metrics.
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Same-quarter FRE and distributable earnings establish year-over-year comparison baselines.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
ifrs technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
GRAND CAYMAN, Cayman Islands, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Patria Investments Limited (Nasdaq:PAX) reported today its unaudited results for the third quarter ended September 30, 2026. The full detailed presentation of Patria's third quarter 2026 results can be accessed on the Shareholders section of Patria’s website at https://ir.patria.com/.
“Our third quarter results demonstrate the strength and resilience of Patria’s increasingly diversified platform. We raised
“Our differentiated investment performance, with over
Financial Highlights (reported in $ USD)
IFRS results included
Dividends
Patria declared a quarterly dividend of
Conference Call
Patria will host its third quarter 2026 earnings conference call via public webcast on November 3rd, 2026, at 9:00 a.m. ET. To register and join, please use the following link:
https://edge.media-server.com/mmc/p/m9aemh23/lan/en/
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
Asset Classes: Infrastructure, Credit, Real Estate, Private Equity, Solutions (GPMS), and Public Equities
Main sectors: Agribusiness, Power & Energy, Healthcare, Logistics & Transportation, 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
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 Investments' Q3 2026 earnings?
Patria reported $7.2 million in unaudited IFRS net income attributable to Patria for Q3 2026. Fee-Related Earnings were $52.8 million, up 7% from $49.5 million in Q3 2025. Distributable Earnings were $46.9 million, or $0.30 per share.
How much is Patria's quarterly dividend and when will it be paid?
Patria declared a quarterly dividend of $0.1625 per share, payable on December 11, 2026. Common shareholders must be holders of record at the close of business on November 13, 2026.