Equitable Q1 FY26 net income rises to $621 million; revenue slips to $4.23 billion

Equitable Holdings, Inc.

Equitable Holdings, Inc.

EQH

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  • Equitable Holdings posted net income attributable to Holdings of USD 621 million, swinging from USD 63 million a year earlier; diluted EPS rose to USD 2.14 from USD 0.16.
  • Revenue slipped 7.56% to USD 4.23 billion, while income before taxes climbed to USD 887 million from USD 174 million.
  • Non-GAAP operating earnings increased 12.11% to USD 472 million, lifting non-GAAP operating common EPS to USD 1.62 from USD 1.3.
  • Segment operating earnings rose to USD 396 million in Retirement, increased to USD 140 million in Asset Management, climbed to USD 55 million in Wealth Management, while Corporate and Other operating loss narrowed to USD 119 million.
  • Entered an all-stock merger agreement with Corebridge on March 26, 2026, targeting close by end-2026 subject to regulatory and shareholder approvals.


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