P10, Inc.
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
RPC$9.82-1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 1. Consolidated Statements of Operations
Consolidated Statements of Operations
(Unaudited, in thousands except per share amounts)
| For the Three MonthsEnded September 30, | For the Nine MonthsEnded September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| REVENUES | ||||
| Management and advisory fees | $74,316 | $72,595 | $212,567 | $206,192 |
| Other revenue | 1,613 | 1,648 | 3,733 | 5,242 |
| Total revenues | 75,929 | 74,243 | 216,300 | 211,434 |
| OPERATING EXPENSES | ||||
| Compensation and benefits | 42,321 | 42,531 | 111,546 | 115,893 |
| Professional fees | 6,483 | 9,169 | 19,741 | 16,472 |
| General, administrative and other | 9,055 | 6,606 | 24,704 | 19,680 |
| Contingent consideration expense | 1,175 | 39 | 2,284 | 160 |
| Amortization of intangibles | 6,195 | 6,437 | 17,663 | 19,312 |
| Strategic alliance expense | — | 635 | 703 | 2,153 |
| Total operating expenses | 65,229 | 65,417 | 176,641 | 173,670 |
| INCOME FROM OPERATIONS | 10,700 | 8,826 | 39,659 | 37,764 |
| OTHER (EXPENSE)/INCOME | ||||
| Interest expense, net | (6,987) | (6,692) | (20,203) | (18,583) |
| Other (loss)/income | 371 | 454 | (4,831) | 1,516 |
| Total other (expense) | (6,616) | (6,238) | (25,034) | (17,067) |
| Income before income taxes | 4,084 | 2,588 | 14,625 | 20,697 |
| Income tax expense | (1,051) | (1,255) | (2,696) | (6,731) |
| NET INCOME | $3,033 | $1,333 | $11,929 | $13,966 |
| Less: net (income)/loss attributable to noncontrolling interests | (888) | 73 | (1,879) | (546) |
| NET INCOME ATTRIBUTABLE TO P10 | $2,145 | $1,406 | $10,050 | $13,420 |
| Earnings per share | ||||
| Basic earnings per share | $0.02 | $0.01 | $0.09 | $0.12 |
| Diluted earnings per share | $0.02 | $0.01 | $0.09 | $0.12 |
| Weighted average shares outstanding, basic | 109,933 | 111,374 | 110,612 | 112,954 |
| Weighted average shares outstanding, diluted | 117,802 | 119,276 | 118,508 | 120,738 |
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