Filing Flows › Financials › Equitable Holdings (EQH)
Equitable Holdings (EQH) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Equitable Holdings (EQH) Q3 2026 earnings results →
Q3 2026 Revenue up 168% year over year to $3.9B · 29¢ of every $1 of revenue kept as net profit · operating margin 35.8%
Equitable Holdings made $3.9B in Q3 2026 (+168% Y/Y). Operating margin 35.8%, net earnings $1.1B. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $3.9B in Q3 2026, up 168% year over year and up 134% from the previous quarter.
Operating profit was $1.4B, a 35.8% margin (up 128.7 points year over year). Total costs fell 11% while revenue rose 168%. Net earnings were $1.1B. The effective tax rate was 14.6%.
Operating cash flow was $1.6B (up 342% year over year), 138% of net income including minority interests. Working capital and other items added $0.45B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 5, 2026 | $3.9B | +168% | 35.8% | $1.1B | $1.6B |
| Q2 2026 | 10-Q | Aug 6, 2026 | $1.7B | -30% | -29.7% | −$353M | $643M |
| Q1 2026 | 10-Q | May 7, 2026 | $4.2B | -8% | 21.0% | $621M | $499M |
| Q4 2025 | 10-K | Feb 25, 2026 | $3.3B | -9% | 10.5% | $215M | −$154M |
| Q3 2025 | 10-Q | Nov 7, 2025 | $1.4B | -53% | -93.0% | −$1.2B | $369M |
| Q2 2025 | 10-Q | Aug 11, 2025 | $2.4B | -33% | -15.4% | −$283M | $341M |
| Q1 2025 | 10-Q | May 1, 2025 | $4.6B | +105% | 3.8% | $63.0M | $158M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Equitable Holdings
Equitable Holdings, Inc. (NYSE: EQH) is a leading financial services holding company comprised of complementary and well-established businesses, Equitable, AllianceBernstein and Equitable Advisors. Equitable Holdings has $1.2 trillion in assets under management and administration (as of 6/30/2026) and more than 5 million client relationships globally. Founded in 1859, Equitable provides retirement and protection strategies to individuals, families and small businesses. AllianceBernstein is a global investment management firm that offers diversified investment services to institutional investors, individuals and private wealth clients.
In its own words, from its 8-K, filed Aug 4, 2026.
Equitable Holdings against its Insurance Agents, Brokers & Service peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +168% against the peers' median +8%. Operating margin: 35.8% against the peers' median 17.8%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| EQH Equitable Holdings | Q3 2026 | $3.9B | +168% | 35.8% |
| MRSH Marsh & McLennan Companies | Q3 2026 | $6.9B | +8% | 17.7% |
| AON Aon | Q3 2026 | $4.1B | +3% | 19.7% |
| AJG Arthur J. Gallagher | Q3 2026 | $4.0B | +18% | 13.0% |
| WTW Willis Towers Watson | Q3 2026 | $2.5B | +8% | 17.4% |
| BRO Brown & Brown | Q3 FY27 | $1.7B | +7% | 18.6% |
| ERIE Erie Indemnity | Q3 2026 | $1.1B | +0.3% | 19.4% |
| RYAN Ryan Specialty Holdings | Q3 2026 | $790M | +5% | 17.8% |
| BWIN Baldwin Insurance Group | Q2 2026 | $493M | +30% | -1.7% |
Source: Equitable Holdings 10-Q on SEC EDGAR · CIK 1333986 · Insurance Agents, Brokers & Service
Guidance and outlook
13F: who owns EQH and who is buying
More on EQH
- How Equitable Holdings makes money: revenue by segment
- Equitable Holdings next earnings date and what analysts expect
- Equitable Holdings stock forecast, price target and fair value
- Who owns Equitable Holdings stock: holders, funds and Congress trades
- Equitable Holdings guidance and outlook
- Is Equitable Holdings a takeover target? LBO and rumors
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results