Patria Investments Ltd (PAX)
Patria Investments Ltd reported revenue of $374.2M in fiscal 2023, up 14.2% from a year earlier. Net income was $71.9M, a net margin of 19.2%. Operating cash flow minus capital spending left $142.3M of free cash flow in fiscal 2023. At December 31, 2024 it held $33.4M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 30, 2026.
What Patria Investments Ltd does
Patria Investments Ltd is registered with the SEC under industry code SIC 6282 (Investment Advice). Its shares trade on NASDAQ under the ticker PAX.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2023 | $374.2M | $71.9M | $0.47 | $142.3M |
| 2023 | $327.6M | $118.4M | $0.80 | $150.9M |
| 2022 | $258.9M | $93M | $0.63 | $75.6M |
| 2021 | $235.5M | $122.5M | $0.90 | $106M |
| 2020 | $115M | $62.2M | $0.53 | $52.5M |
| 2020 | $123.2M | $58.5M | $0.53 | $44.3M |
Latest SEC filings
What Patria Investments Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 4, 2026Passive stake changed SCHEDULE 13G/A
- August 12, 2026Passive stake changed SCHEDULE 13G/A
- July 31, 2026
- July 28, 2026
- June 15, 2026
- May 15, 2026Passive stake changed SCHEDULE 13G/A
- May 15, 2026Passive stake changed SCHEDULE 13G/A
- May 14, 2026Passive stake changed SCHEDULE 13G/A
- May 7, 2026
- April 30, 2026Annual report (foreign issuer) 20-F · period to December 31, 2025
Questions about PAX
What does Patria Investments Ltd do?
Patria Investments Ltd is registered with the SEC under industry code SIC 6282 (Investment Advice). Its shares trade on NASDAQ under the ticker PAX.
Is Patria Investments Ltd profitable?
Yes. In fiscal 2023 it reported net income of $71.9M on revenue of $374.2M, a net margin of 19.2%.
How much revenue does Patria Investments Ltd make?
In fiscal 2023 Patria Investments Ltd reported revenue of $374.2M. That is 14.2% more than a year earlier.
When did Patria Investments Ltd last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 30, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the passive stake changed from September 4, 2026.
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Follow PAX: get an email when it filesWhere the numbers come from
Financial figures are the values Patria Investments Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.