Patria Investments (PAX) Change in Taxes (2019 - 2025)

Patria Investments' (PAX) quarterly Change in Taxes came in at $8.4 million in Q4 2025, up 130.09% year-on-year from $3.6 million in Q4 2024, and down 53.93% quarter-over-quarter from $18.2 million in Q3 2025.

Patria Investments (PAX) Change in Taxes (2019 - 2025) Analysis & Trends

Patria Investments' Change in Taxes history runs 7 years deep, the most recent figure standing at $8.4 million for Q4 2025.

  • On a quarterly basis, Change in Taxes rose 130.09% year-over-year to $8.4 million in Q4 2025; TTM through Dec 2025 was $8.4 million, a 130.09% increase from a year earlier, with the FY2025 full-year figure at $8.4 million, up 130.09% from the prior year.
  • Change in Taxes fell to $8.4 million in Q4 2025 per PAX's latest filing, from $18.2 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $18.2 million in Q3 2025 and bottomed at -$5.0 million in Q2 2025.
  • The 5-year median for Change in Taxes is -$47000.0 (2021), against an average of $1.8 million.
  • Across the five-year window, Change in Taxes plunged 107100.0% in 2023 and jumped 1950.16% in 2024, its largest moves.
  • Year by year, Change in Taxes stood at $2.1 million in 2021, then sank by 78.93% to $445000.0 in 2022, then jumped by 320.67% to $1.9 million in 2023, then soared by 94.55% to $3.6 million in 2024, then soared by 130.09% to $8.4 million in 2025.
  • Per Business Quant, the three latest PAX Change in Taxes figures stand at $8.4 million (Q4 2025), $18.2 million (Q3 2025), and -$5.0 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -
3 Blackstone 97.77 Bn 96.72 Bn - -
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn -
5 State Street 51.30 Bn 51.30 Bn - -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 240.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - -
8 Raymond James Financial 32.59 Bn 17.67 Bn - -
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 Patria Investments 1.72 Bn 1.48 Bn - 8.38 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 8.38 Mn
Dec 31, 2025 8.38 Mn
Sep 30, 2025 18.19 Mn
Sep 30, 2025 18.19 Mn
Jun 30, 2025 -4.97 Mn
Jun 30, 2025 -4.97 Mn
Mar 31, 2025 -3.31 Mn
Mar 31, 2025 -3.31 Mn
Dec 31, 2024 3.64 Mn
Dec 31, 2024 3.64 Mn
Sep 30, 2024 17.34 Mn
Sep 30, 2024 17.34 Mn
Jun 30, 2024 -4.92 Mn
Jun 30, 2024 -4.92 Mn
Mar 31, 2024 -1.21 Mn
Mar 31, 2024 -1.21 Mn
Dec 31, 2023 1.87 Mn
Dec 31, 2023 1.87 Mn
Sep 30, 2023 -937,000.00
Sep 30, 2023 -937,000.00