Earnings ·
Equitable Holdings reported a net loss of $453 million, or $1.68 per share, for the quarter ended June 30, 2026…
EQHEquitable Holdings, Inc.
Equitable Holdings reported a net loss of $453 million, or $1.68 per share, for the quarter ended June 30, 2026, compared to a net loss of $349 million in the prior year period. Non-GAAP operating earnings were $488 million, or $1.70 per share, up from $352 million and $1.10 per share respectively in the second quarter of 2025. Adjusting for notable items, non-GAAP operating earnings reached $501 million, or $1.75 per share. The company returned $449 million to shareholders during the quarter, comprising $83 million in quarterly cash dividends and $366 million in share repurchases. Total assets under management and administration grew 10% year-over-year to a record $1.2 trillion. Shareholders approved the merger with Corebridge Financial on July 30, which is expected to close by year-end 2026. Equitable Holdings operates as a financial services holding company providing retirement strategies, wealth management, and investment advisory services.