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.

Equitable Holdings, Inc. filed a supplemental disclosure to its joint proxy statement/prospectus regarding its proposed merger with Corebridge Financial, Inc. The filing updates the background of the merger, governance terms, and financial advisor opinions, including updated valuation ranges for Corebridge and Equitable. It also addresses several legal complaints filed by stockholders and demand letters alleging disclosure omissions. Equitable Holdings, Inc. is a financial services company providing insurance and wealth management services.