Patria Investments (PAX) Financial Statements & Analysis

Patria Investments (PAX) Income Statement

Patria Investments reported revenue of $381.73M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 2.0% from $374.20M a year earlier. Net income was $85.65M, up 19.2% year over year, a net margin of 22.4%. Gross margin was 100.0% and operating margin 26.9%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $111.29M, up 34.9% from the same quarter a year earlier.

Patria Investments Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Patria Investments Limited income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	381.73	374.20	327.62	258.88	235.52	115.02	123.49	105.67
Cost of Revenue	148.88	50.49	124.75	103.86	79.84	10.63	43.19	41.41
Gross Profit	381.73	323.72	327.62	258.88	235.52	104.39	80.30	64.26
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	49.96	120.89	38.38	30.47	13.99	29.30	12.90	16.44
Operating Expenses	279.09	157.82	207.94	164.54	113.66	37.18	15.48	17.72
Operating Income	102.64	165.90	119.67	94.34	121.86	67.21	64.83	46.54
Other Income/Expense
Interest Income	17.42	0.00	8.99	0.00	0.00	0.00	0.94	0.03
Interest Expense	-39.00	11.40	-1.24	-1.81	-1.02	0.87	0.00	0.21
Other Income/Expense	-10.38	-79.91	-1.67	8.12	-0.29	-2.23	-0.37	-0.08
Income
Income Before Tax	92.27	85.99	118.00	102.45	121.57	64.98	64.45	46.46
Income Tax Expense	1.72	10.31	-2.82	8.35	0.38	3.14	3.51	1.99
Net Income	85.65	71.88	120.82	94.10	121.19	62.21	58.54	43.67
Net Income - Continuous Operations	90.55	71.88	120.82	94.10	122.48	62.21	58.54	43.67
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	182.35	133.22	164.64	124.87	141.76	73.53	73.65	53.86
EBIT	142.21	156.78	141.34	106.48	134.37	-	-	-
Depreciation & Amortization	39.84	35.82	23.31	18.39	7.39	7.69	8.28	7.20
Earnings Per Share
Basic EPS	1.00	-	1.00	1.00	1.00	-	-	-
Diluted EPS	1.00	-	1.00	1.00	1.00	-	-	-
Basic Shares Outstanding	159.64	153.59	148.21	147.22	135.98	133.65	133.65	117.00
Diluted Shares Outstanding	160.76	153.59	148.68	147.23	135.98	133.65	133.65	117.00

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Patria Investments Financial Statements

What was Patria Investments's revenue in fiscal 2025?

Patria Investments reported revenue of $381.73M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 2.0% from $374.20M a year earlier.

Is Patria Investments profitable?

Yes. Patria Investments earned net income of $85.65M in fiscal 2025, a net margin of 22.4%. In fiscal 2024 it earned $71.88M.

What is Patria Investments's operating margin?

Patria Investments's operating income was $102.64M on revenue of $381.73M in fiscal 2025, an operating margin of 26.9%, compared with 44.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition