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Equitable Holdings EQH GMxB Core — Investment performance

Other product segments

EG
$4.32B+68.1%
VUL
$2.57B+63.0%
EI
$624M+50.4%
Momentum
$588M+43.8%
IE
$517M+51.2%

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Other financials

Income statement

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Revenue$1.7B-29.8%
Net income-$453.0M-29.8%
EPS (diluted)-$1.68-38.8%

Balance sheet

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Cash & equivalents$17.2B+14.9%
Total debt$3.8B-11.4%
Total equity-$785.0M-168%
Total assets$334.66B+10.4%

Cash flow

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Operating cash flow$643.0M+88.6%

Valuation

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Market cap$14B-9.3%
Enterprise value$658.75M-86.3%
P/S1.3×+0.2×

Profitability

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Net margin-5.9%

Returns & leverage

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Return on equity-42%
Debt / equity14.1×+12.3×

Where this comes from

Reported directly by Equitable Holdings in its filing.

Tagged under the XBRL concept us-gaap:SeparateAccountLiabilityIncreaseDecreaseFromInvestedPerformance.

The source filing: Equitable Holdings’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 2:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001333986-26-000040
Line itemRetirement / GMx B CoreRetirement / EQUI-VEST IndividualRetirement / Investment EdgeRetirement / EQUI-VEST GroupRetirement / MomentumCorporate and Other / VULCorporate and Other / GMx B Legacy
Policy charges(255)(2)(9)(13)(294)(245)
Surrenders and withdrawals(2,009)(270)(341)(1,557)(503)(308)(1,579)
Benefit payments(136)(32)(25)(40)(6)(122)(317)
Investment performance (1)2,0994373983,3364691,9062,318
Net transfers from (to) General Account56(10)(910)(153)19(176)(6)
Other charges (2)3(103)
Balance, end of period$31,314$5,004$5,655$36,618$5,436$22,066$28,369
Cash surrender value$30,479$4,975$5,575$36,293$5,430$21,494$28,179

Item 1. Consolidated Financial Statements

FAQ

What is Equitable Holdings's gmxb core — investment performance?
Equitable Holdings (EQH) reported gmxb core — investment performance of $2.71B in Q2 2026.
How has Equitable Holdings's gmxb core — investment performance changed year-over-year?
Equitable Holdings's gmxb core — investment performance increased by 89.1% year-over-year, from $1.44B to $2.71B.
What is the long-term trend for Equitable Holdings's gmxb core — investment performance?
Over 2 years (2021 to 2025), Equitable Holdings's gmxb core — investment performance has grown at a -10.0% compound annual growth rate (CAGR), from $3.57B to $2.89B.
What does gmxb core — investment performance mean?
Represents the net investment gains or losses generated by the assets underlying the GMxB (Guaranteed Minimum Benefits) product segment. This metric reflects the market-driven performance of the investment portfolio supporting these specific insurance guarantees.

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