Equitable Holdings (EQH-PA) Cost of Revenue (2017 - 2026)

Equitable Holdings' Cost of Revenue history runs 10 years deep, the most recent figure standing at $402.0 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 47.04% year-over-year to $402.0 million; the TTM figure through Mar 2026 stood at $2.0 billion (down 36.75% YoY), while the FY2025 annual figure was $2.4 billion, down 11.16% from the prior year.
• Cost of Revenue was $402.0 million for Q1 2026 at Equitable Holdings, up from $397.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $1.3 billion in Q4 2024 to a low of -$210.0 million in Q4 2023.
• Historically, Cost of Revenue has averaged $590.9 million across 5 years, with a median of $496.0 million in 2022.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue slumped 119.3% in 2023, then jumped 724.29% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $1.1 billion in 2022, then sank by 119.3% to -$210.0 million in 2023, then soared by 724.29% to $1.3 billion in 2024, then sank by 69.72% to $397.0 million in 2025, then advanced by 1.26% to $402.0 million in 2026.
• The last three Cost of Revenue figures came in at $402.0 million (Q1 2026), $397.0 million (Q4 2025), and $452.0 million (Q3 2025), per Business Quant data.