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Equitable Holdings (EQH) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Equitable Holdings (EQH) reported revenue of $1.7B for the second quarter 2026 (Q2 2026), -30% from a year earlier and -61% from the quarter before. Operating margin was -29.7%, net loss $353M (21.3% of revenue).

Revenue$1.7B
Year over year-30%
Quarter over quarter-61%
Operating margin-29.7%
Net earnings−$353M

Equitable Holdings, Q2 2026: revenue $1.7B (-30% year over year), operating margin -29.7%, net loss $353M, operating cash flow $643M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.7B-61%-30%
Operating profit−$493M-156%—
Net earnings−$353M-157%—
Operating cash flow$643M+29%+89%

What changed

Revenue was $1.7B in Q2 2026, down 30% year over year and down 61% from the previous quarter.

Operating costs exceeded revenue by $0.49B, an operating margin of -29.7%. Total costs fell 21% while revenue fell 30%. The quarter ended with a net loss of $0.35B, after a profit of $0.73B the previous quarter.

Operating cash flow was $0.64B (up 89% year over year). Working capital and other items added $1.0B.

Questions

What was Equitable Holdings' revenue in the second quarter 2026?

Equitable Holdings (EQH) reported revenue of $1.7B for the second quarter 2026 (Q2 2026), -30% from a year earlier and -61% from the quarter before.

Was Equitable Holdings profitable in the second quarter 2026?

Operating loss was $493M (-29.7% of revenue) and net loss $353M.

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Source: Equitable Holdings 10-Q on SEC EDGAR.