Growth Metrics

Equitable Holdings (EQH) Operating Expenses (2017 - 2026)

Equitable Holdings has reported Operating Expenses over the past 9 years, most recently at $2.9 billion for Q4 2025.

  • For Q4 2025, Operating Expenses rose 20.8% year-over-year to $2.9 billion; the TTM value through Dec 2025 reached $12.9 billion, up 24.24%, while the annual FY2025 figure was $12.9 billion, 24.24% up from the prior year.
  • Operating Expenses for Q4 2025 was $2.9 billion at Equitable Holdings, up from $2.8 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $4.4 billion in Q1 2025 and troughed at -$3.3 billion in Q4 2021.
  • A 5-year average of $2.4 billion and a median of $2.7 billion in 2021 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: crashed 231.93% in 2021 and later surged 150.04% in 2022.
  • Year by year, Operating Expenses stood at -$3.3 billion in 2021, then skyrocketed by 150.04% to $1.7 billion in 2022, then soared by 74.57% to $2.9 billion in 2023, then dropped by 16.96% to $2.4 billion in 2024, then grew by 20.8% to $2.9 billion in 2025.
  • Business Quant data shows Operating Expenses for EQH at $2.9 billion in Q4 2025, $2.8 billion in Q3 2025, and $2.7 billion in Q2 2025.