Equitable Holdings (EQH) Cost of Revenue (2017 - 2026)
Equitable Holdings (EQH) posted quarterly Cost of Revenue of $385.0 million for Q1 2026, down 49.28% year-over-year from $759.0 million in Q1 2025, and down 17.91% quarter-over-quarter from $469.0 million in Q4 2025.
Equitable Holdings (EQH) Cost of Revenue (2017 - 2026) Analysis & Trends
Equitable Holdings' Cost of Revenue history runs 10 years deep, the most recent figure standing at $385.0 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 49.28% year-over-year to $385.0 million; the TTM figure through Mar 2026 stood at $2.1 billion (down 24.66% YoY), while the FY2025 annual figure was $2.3 billion, down 15.21% from the prior year.
- Cost of Revenue for Q1 2026 stood at $385.0 million, down from $469.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $1.4 billion in Q4 2023, with the low at $385.0 million in Q1 2026.
- The 5-year median for Cost of Revenue is $663.0 million (2024), against an average of $649.5 million.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue surged 107.64% in 2023, then slumped 51.27% in 2024.
- Equitable Holdings' Cost of Revenue stood at $681.0 million in 2022, then soared by 107.64% to $1.4 billion in 2023, then plunged by 51.27% to $689.0 million in 2024, then plunged by 31.93% to $469.0 million in 2025, then dropped by 17.91% to $385.0 million in 2026.
- Business Quant data shows EQH's Cost of Revenue at $385.0 million in Q1 2026, $469.0 million in Q4 2025, and $452.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | - |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | - |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 613.00 Mn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 294.00 Mn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | - |
| 10 | Equitable Holdings | 13.61 Bn | -5.33 Bn | 1.22 Bn | 435.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 435.00 Mn |
| Jun 30, 2026 | 435.00 Mn |
| Mar 31, 2026 | 385.00 Mn |
| Mar 31, 2026 | 385.00 Mn |
| Dec 31, 2025 | 469.00 Mn |
| Dec 31, 2025 | 469.00 Mn |
| Sep 30, 2025 | 452.00 Mn |
| Sep 30, 2025 | 452.00 Mn |
| Jun 30, 2025 | 787.00 Mn |
| Jun 30, 2025 | 787.00 Mn |
| Mar 31, 2025 | 759.00 Mn |
| Mar 31, 2025 | 759.00 Mn |
| Dec 31, 2024 | 689.00 Mn |
| Dec 31, 2024 | 689.00 Mn |
| Sep 30, 2024 | 663.00 Mn |
| Sep 30, 2024 | 663.00 Mn |
| Jun 30, 2024 | 667.00 Mn |
| Jun 30, 2024 | 667.00 Mn |
| Mar 31, 2024 | 677.00 Mn |
| Mar 31, 2024 | 677.00 Mn |