Equitable Holdings posts Q2 net loss of $453 million; operating EPS rises to $1.70
Equitable Holdings reported a second-quarter 2026 net loss of $453 million, or $1.68 per share, wider than the $349 million loss a year earlier. Non-GAAP operating earnings rose to $488 million, or $1.70 per share, from $352 million, or $1.10 per share, in the prior-year quarter. Shareholders approved the merger with Corebridge Financial on July 30, and the company expects it to close by year-end 2026.
Key points
- Net loss attributable to Holdings was $453 million, or $1.68 per share, versus a $349 million loss, or $1.21 per share, in Q2 2025.
- Non-GAAP operating earnings were $488 million, or $1.70 per share, up from $352 million, or $1.10 per share; excluding notable items, they were $501 million, or $1.75 per share.
- The company returned $449 million to shareholders in the quarter, including $366 million of share repurchases and $83 million of dividends.
- Shareholders approved the Corebridge Financial merger on July 30, 2026; closing is expected by year-end 2026, subject to regulatory approvals.
The filing
Written by AI on Nov 8, 2026, 1:12 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 August 04, 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.