Filing Flows › Evercore (EVR) › Q2 2026 › vs Q1 2026
Evercore (EVR) Q2 2026 vs Q1 2026 (quarter over quarter)
Evercore's revenue fell $402M (-29%) from $1.4B in Q1 2026 to $998M in Q2 2026. Operating margin 14.8% against 23.7% (-8.9 pts).
Evercore, Q2 2026: revenue $998M (+19% year over year), operating margin 14.8%, net earnings $95.3M, operating cash flow $526M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 14.8% | 23.7% | -8.9 pts |
| Net margin | 9.5% | 21.5% | -12.0 pts |
| Free cash flow margin | 51.6% | -16.3% | +67.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $998M | $1.4B | −$402M | -29% |
| Operating profit | $148M | $332M | −$184M | -56% |
| Costs & expenses | $851M | $1.1B | −$218M | -20% |
| Pre-tax earnings | $148M | $332M | −$184M | -56% |
| Net earnings | $95.3M | $301M | −$206M | -68% |
| Minority interests | $11.2M | $21.5M | −$10.3M | -48% |
| Income tax | $41.1M | $9.1M | $32.0M | +354% |
| Depreciation & amortization | $6.2M | $13.7M | −$7.5M | -55% |
| Share-based compensation | $220M | $196M | $23.8M | +12% |
| Working capital & other | $204M | −$737M | $941M | — |
| Operating cash flow | $526M | −$226M | $751M | — |
| Free cash flow (OCF − capex) | $515M | −$229M | $744M | — |
| Capital expenditures | $10.7M | $3.1M | $7.6M | +246% |
Questions
How much did Evercore's revenue grow quarter over quarter in Q2 2026?
Evercore's revenue fell $402M (-29%) from $1.4B in Q1 2026 to $998M in Q2 2026. Operating margin 14.8% against 23.7% (-8.9 pts).