Equitable Holdings EQH
NYSE EQH
$52.58 +0.49 (+0.95%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Equitable Holdings (EQH) posted Operating Expenses of $2.2 billion for Q2 2026, down 35.66% on a QoQ basis from $3.3 billion in Q1 2026, and down 21.06% year-over-year from $2.7 billion in Q2 2025.

Analysis

Equitable Holdings (EQH) Operating Expenses (2017 - 2026) Analysis & Trends

Equitable Holdings has reported Operating Expenses for 10 years, with the latest figure at $2.2 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 21.06% year-over-year to $2.2 billion in Q2 2026; TTM through Jun 2026 was $11.2 billion, a 11.19% decrease from a year earlier, with the FY2025 full-year figure at $12.9 billion, up 24.24% from the prior year.
  • Operating Expenses was $2.2 billion for Q2 2026 at Equitable Holdings, down from $3.3 billion in the prior quarter.
  • The five-year high for Operating Expenses was $4.4 billion in Q1 2025, with the low at $1.7 billion in Q4 2022.
  • Average Operating Expenses over 5 years is $2.7 billion, with a median of $2.8 billion recorded in 2025.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 150.04% in 2022, then slumped 46.59% in 2023.
  • Over 5 years, Operating Expenses stood at $1.7 billion in 2022, then surged by 74.57% to $2.9 billion in 2023, then fell by 16.96% to $2.4 billion in 2024, then rose by 20.8% to $2.9 billion in 2025, then declined by 26.66% to $2.2 billion in 2026.
  • The last three Operating Expenses figures came in at $2.2 billion (Q2 2026), $3.3 billion (Q1 2026), and $2.9 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Metlife 62.16 Bn 34.84 Bn 7.82 Bn 18.12 Bn
2 Manulife Financial 24.69 Bn 25.90 Bn - -208.93 Mn
3 Equitable Holdings 14.62 Bn -4.31 Bn 1.22 Bn 2.15 Bn
4 Jackson Financial 9.71 Bn 3.72 Bn - 687.00 Mn
5 Corebridge Financial 9.48 Bn -296.14 Bn 2.79 Bn 3.86 Bn
6 Primerica 9.02 Bn 8.38 Bn 717.74 Mn 606.85 Mn
7 Sun Life Financial 8.56 Bn 3.96 Bn - 1.71 Bn
8 Brookfield Wealth Solutions 8.52 Bn -4.26 Bn 1.92 Bn -558.00 Mn
9 Lincoln National 8.41 Bn -3.27 Bn 2.62 Bn 2.90 Bn
10 Prudential Financial 5.23 Bn -26.69 Bn 7.91 Bn 14.48 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.15 Bn
Mar 31, 2026 3.34 Bn
Dec 31, 2025 2.93 Bn
Sep 30, 2025 2.80 Bn
Jun 30, 2025 2.73 Bn
Mar 31, 2025 4.40 Bn
Dec 31, 2024 2.43 Bn
Sep 30, 2024 3.08 Bn
Jun 30, 2024 2.83 Bn
Mar 31, 2024 2.01 Bn
Dec 31, 2023 2.92 Bn
Sep 30, 2023 2.18 Bn
Jun 30, 2023 1.82 Bn
Mar 31, 2023 2.82 Bn
Dec 31, 2022 1.68 Bn
Sep 30, 2022 2.17 Bn
Jun 30, 2022 3.42 Bn
Mar 31, 2022 2.41 Bn
Dec 31, 2021 -3.35 Bn
Sep 30, 2021 2.69 Bn