Equitable (EQH)
Combines retirement products, financial advice, and AllianceBernstein asset management under one holding company.
$52.83
vs last close+0.63 (+1.20%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,624 | 2,170 | 2,230 | 3,507 | 2,976 | 3,621 | 3,904 | 2,362 | 1,450 | 3,277 | 4,230 | 1,658 |
| Cost of revenue | 1,051 | 1,785 | 782 | 1,759 | 662 | 1,186 | 757 | 1,645 | 1,696 | 391 | 394 | 420 |
| Gross profit | 2,573 | 385 | 1,448 | 1,748 | 2,314 | 2,435 | 3,147 | 717 | −246 | 2,886 | 3,836 | 1,238 |
| 1,098 | 1,202 | 1,229 | 1,067 | 2,325 | 1,238 | 2,973 | 1,080 | 1,102 | 2,542 | 2,949 | 1,731 | |
| 593 | 586 | 620 | 577 | 0 | 673 | 0 | 592 | 601 | 0 | 0 | 0 | |
| General & administrative | 593 | 586 | 620 | 577 | 0 | 673 | 0 | 592 | 601 | 0 | 0 | 0 |
| Other expenses | 505 | 616 | 609 | 490 | 2,325 | 565 | 2,973 | 488 | 501 | 2,542 | 2,949 | 1,731 |
| Operating income | 1,475 | −817 | 219 | 681 | −11 | 1,197 | 174 | −363 | −1,348 | 344 | 887 | −493 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26 | 0 | 0 | 0 |
| Interest expense | 55 | 57 | 57 | 62 | 55 | 52 | 55 | 61 | 61 | 47 | 62 | 56 |
| Other non-operating income | −55 | −57 | −57 | −62 | −55 | −52 | −55 | −61 | −61 | −47 | −62 | −56 |
| Income before tax | 1,475 | −817 | 219 | 681 | −11 | 1,197 | 174 | −363 | −1,348 | 344 | 887 | −493 |
| Income tax expense | 340 | −228 | 24 | 116 | −39 | 182 | 24 | −80 | −133 | 33 | 156 | −140 |
| Net income from continuing operations | 1,135 | −589 | 195 | 565 | 28 | 1,015 | 150 | −283 | −1,215 | 311 | 731 | −353 |
| Net income | 1,064 | −698 | 92 | 428 | −132 | 899 | 63 | −349 | −1,309 | 215 | 621 | −453 |
| EPS, basic | $3.03 | −$2.15 | $0.24 | $1.24 | −$0.46 | $2.80 | $0.16 | −$1.21 | −$4.47 | $0.71 | $2.16 | −$1.67 |
| EPS, diluted | $3.02 | −$2.15 | $0.23 | $1.23 | −$0.46 | $2.76 | $0.16 | −$1.21 | −$4.47 | $0.70 | $2.14 | −$1.67 |
| Weighted average shares, basic | 346 | 337 | 330 | 324 | 318 | 312 | 308 | 303 | 303 | 286 | 281 | 278 |
| Weighted average shares, diluted | 348 | 337 | 333 | 327 | 318 | 317 | 312 | 303 | 303 | 289 | 284 | 278 |
| EBITDA | 1,726 | −524 | 517 | 936 | 256 | 1,469 | 442 | −82 | −1,068 | 611 | 1,173 | −223 |
| Depreciation & amortization | 196 | 236 | 241 | 193 | 212 | 220 | 213 | 220 | 219 | 220 | 224 | 214 |
| EBIT | 1,530 | −760 | 276 | 743 | 44 | 1,249 | 229 | −302 | −1,287 | 391 | 949 | −437 |
