Equitable Holdings, Inc. (EQH) FY2026 YTD Q2 P&L / Income Statement

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2026-01-01 to 2026-06-30

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Equitable Holdings, Inc. (EQH) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEOPERATINGPRE-TAXNETNet investment income (loss)Investment management and service feesPolicy charges and fee incomePremiumsOther incomeTotal revenuesRevenue before reconciliation (calculated)Total investment gains (losses), netNet derivative gains (losses)Operating profit (calculated)Total benefits and other deductionsInterest credited to policyholders’ account balancesCompensation and benefitsCommissions and distribution-related paymentsPolicyholders’ benefitsChange in market risk benefits and purchased market risk benefitsAmortization of deferred policy acquisition costsInterest expenseRemeasurement of liability for future policy benefitsOther operating costs and expensesIncome (loss) from continuing operations, before income taxesNet income (loss)Income tax (expense) benefitRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$7.46 BIncome (loss) from continuing operations, before income taxesIncome (loss) fromcontinuing operations,before income taxes$394.00 MOperating profit (calculated)Operating profit(calculated)$394.00 MTotal revenuesTotal revenues$5.89 BNet income (loss)Net income (loss)$378.00 MNet investment income (loss)Net investment income (loss)$2.68 BTotal benefits and other deductionsTotal benefits andother deductions$5.49 BIncome tax (expense) benefitIncome tax(expense) benefit$16.00 MInterest credited to policyholders’ account balancesInterest credited topolicyholders’ account balances$1.60 BInvestment management and service feesInvestment managementand service fees$2.66 BCompensation and benefitsCompensation and benefits$1.27 BPolicy charges and fee incomePolicy charges and fee income$855.00 MCommissions and distribution-related paymentsCommissions anddistribution-related payments$1.12 BPremiumsPremiums$508.00 MPolicyholders’ benefitsPolicyholders’ benefits$820.00 MTotal investment gains (losses), netTotal investmentgains (losses), net−$94.00 MChange in market risk benefits and purchased market risk benefitsChange in market risk benefits andpurchased market risk benefits−$676.00 MOther incomeOther income$758.00 MNet derivative gains (losses)Net derivativegains (losses)−$1.48 BAmortization of deferred policy acquisition costsAmortization of deferredpolicy acquisition costs$423.00 MInterest expenseInterest expense$118.00 MRemeasurement of liability for future policy benefitsRemeasurement of liabilityfor future policy benefits−$6.00 MOther operating costs and expensesOther operatingcosts and expenses$826.00 M
Chart details

Equitable Holdings, Inc. (EQH) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2026-01-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
5,888,000,000 US dollars
Total benefits and other deductions
5,494,000,000 US dollars
Operating profit (calculated)
394,000,000 US dollars
Other income (expense), net (calculated)
0 US dollars
Income (loss) from continuing operations, before income taxes
394,000,000 US dollars
Income tax (expense) benefit
16,000,000 US dollars
Net income (loss)
378,000,000 US dollars
Other income
758,000,000 US dollars
Investment management and service fees
2,655,000,000 US dollars
Net investment income (loss)
2,681,000,000 US dollars
Premiums
508,000,000 US dollars
Policy charges and fee income
855,000,000 US dollars
Commissions and distribution-related payments
1,118,000,000 US dollars
Other operating costs and expenses
826,000,000 US dollars
Compensation and benefits
1,267,000,000 US dollars
Policyholders’ benefits
820,000,000 US dollars
Amortization of deferred policy acquisition costs
423,000,000 US dollars
Interest credited to policyholders’ account balances
1,604,000,000 US dollars
Change in market risk benefits and purchased market risk benefits
negative 676,000,000 US dollars
Remeasurement of liability for future policy benefits
negative 6,000,000 US dollars
Interest expense
118,000,000 US dollars
Revenue before reconciliation (calculated)
7,457,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Total investment gains (losses), net
negative 94,000,000 US dollars. Reported reconciliation to consolidated revenue.
Net derivative gains (losses)
negative 1,475,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to Equitable Holdings, Inc.: $168.00 M; to noncontrolling interests: $210.00 M.
Equitable Holdings, Inc. (EQH) FY2026 YTD Q2 P&L / Income Statement Sankey chart
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Operating margin

6.7%

Operating profit / revenue

Cash conversion

302.1%

Operating cash / net income, same period

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