Equitable Holdings Q3 revenue nearly triples to $3.88 billion, swings to profit

what happened

Equitable Holdings posted third-quarter 2026 revenue of $3.88 billion, up 167.7% from $1.45 billion a year earlier. Net income available to shareholders reached $1.11 billion, compared with a loss of $1.33 billion, and diluted earnings per share came in at $4.05 versus minus $4.47. The figures come from a 10-Q summary published by TradingView, which based it on documents filed with the SEC.

In retirement, operating earnings climbed to $432 million from $405 million, with net investment income up $199 million and fee-type revenue up $96 million. Assets under management in asset management ended at $900.4 billion, down $5.1 billion from June 30, as $6.6 billion of net inflows were offset by $11.7 billion of market depreciation. Wealth management operating earnings rose to $75 million from $59 million, and advisory net new assets were $2.7 billion, up $514 million year over year. Stockholders of Equitable and Corebridge approved the merger on July 30; closing is expected by year-end, subject to customary conditions and regulatory approvals.

why it matters

The swing to profit came mainly from smaller market-risk-benefit changes and a shift in derivative results, so investors will watch how these items behave as markets move. Shareholder approval of the Corebridge merger reduces uncertainty for both companies' shares, though the deal still depends on regulatory decisions.

market impact

Equitable and Corebridge shares: strong quarter and merger progress keep investor attention

tags

instruments