Partners Group stock gains 1.30 percent as H1 results reset outlook

Published on 09/28/2026 at 13:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Partners Group stock was at CHF 608.80 on September 28, 2026, up 1.30 percent in SIX trading. H1 revenue fell 7.00 percent, while management income rose 6.00 percent.

Partners Group Boardroom in Zug CH0024608827 mit Bergblick, langer Holztisch und digitale Tablets, Illustration mit AI erstellt.

Partners Group stock (ISIN CH0024608827) was trading at CHF 608.80 on the SIX Swiss Exchange on September 28, 2026, up 1.30 percent at 9:28 a.m. CEST. The market is weighing the September 1, 2026, half-year report, which showed stronger recurring fee income but lower performance income.

Recurring income moves higher

According to FT on September 1, 2026, management income reached CHF 905.0 million in H1 2026, up 6.00 percent in reported currency and 12.00 percent in constant currency from H1 2025. Fundraising reached USD 16 billion, bringing assets under management to USD 186 billion as of June 30, 2026.

The recurring revenue trend contrasts with the broader income statement. H1 revenue fell 7.00 percent to CHF 1,121.0 million from CHF 1,210.0 million, while EBITDA declined 9.00 percent to CHF 706.0 million and the EBITDA margin eased to 63.00 percent from 64.00 percent.

Performance income remains the pressure point

Performance income dropped 39.00 percent to CHF 216.0 million from CHF 355.0 million in H1 2025, reducing its share of total revenue to 19.00 percent from 29.00 percent. Net income fell 13.00 percent to CHF 502.0 million from CHF 578.0 million, according to MarketScreener on September 1, 2026.

Partners Group confirmed full-year 2026 guidance for USD 26 billion to USD 32 billion in gross new client demand. The company also expects performance income to represent 20.00 percent to 25.00 percent of full-year revenue, below its mid- to long-term guidance range of 25.00 percent to 40.00 percent, according to FT.

Next dates are already scheduled

The shareholder calendar lists an AuM update for January 13, 2027, followed by full-year financial results on March 16, 2027. The dates and the SIX Swiss Exchange listing are shown on Partners Group's shareholder page.

For investors, the central trade-off is visible in the H1 figures: management income grew 6.00 percent in reported currency, but performance income and net income fell 39.00 percent and 13.00 percent. The September 28, 2026, SIX price of CHF 608.80 therefore sits alongside a business with solid fundraising and more variable near-term earnings.