How does the reported net income of $2.8 million and fee‑related earnings of $28.0 million compare to Bridge’s performance in the prior quarter?
Answer
Based on the information you supplied, Bridge Investment Group Holdings Inc. reported the following figures for the quarter that ended June 30 2025 (its Q2 2025):
Metric | Q2 2025 (reported) |
---|---|
Net income (loss) | $2.8 million (a small profit) |
Fee‑related earnings (to the Operating Company) | $28.0 million |
The question asks how these numbers compare to Bridge’s performance in the prior quarter (i.e., Q1 2025). Unfortunately, the excerpt you provided does not contain any data about the prior quarter—there are no figures for net income (or loss) or fee‑related earnings for Q1 2025 in the text.
Because a direct comparison requires both sets of numbers, we cannot determine whether:
- Net income increased or decreased relative to Q1 2025.
- Fee‑related earnings rose, fell, or held steady versus the previous quarter.
What we can say with certainty from the current release:
- Bridge turned a modest net profit of $2.8 million in Q2 2025, which translates to a per‑share loss of $(0.01) on a basic and diluted basis (i.e., the profit was too small to offset the share‑count dilution effect).
- The Operating Company generated $28.0 million in fee‑related earnings, a figure that is roughly ten times the net income amount for the same period.
To answer the comparison question accurately, you would need the Q1 2025 results—specifically the net income (or loss) and fee‑related earnings reported for that quarter. If you can locate the prior‑quarter press release or earnings filing, you could then place the Q2 2025 numbers side‑by‑side to assess growth, contraction, or stability.
If you obtain those prior‑quarter figures and share them here, I’ll gladly provide a detailed comparative analysis.