AllianceBernstein Q3 GAAP revenue up 7.8%, operating income down 12.0%
AllianceBernstein reported third quarter 2026 results. GAAP net revenues rose 7.8% from a year earlier to $1.2 billion, while GAAP operating income fell 12.0% to $250 million and GAAP net income per Unit was flat at $0.79. Adjusted net income per Unit rose 2.3% to $0.88, and the firm reported $6.6 billion of firmwide net inflows.
Key points
- GAAP net revenues of $1.2 billion rose 7.8% year over year; GAAP operating income of $250 million fell 12.0%, and operating margin was 21.9% versus 24.3%.
- Adjusted net income per Unit was $0.88 versus $0.86, up 2.3%; the cash distribution is $0.88 per Unit, payable November 19, 2026, to holders of record on November 6, 2026.
- Firmwide net inflows were $6.6 billion, compared with net outflows of $2.3 billion a year earlier; ending AUM was $900.4 billion, up 4.7% year over year.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.