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Equitable Holdings EQH GMxB Core — Net amount at risk

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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:PolicyholderAccountBalanceNetAmountAtRisk.

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 / SCS (1)Retirement / EQUI-VEST IndividualRetirement / EQUI-VEST GroupRetirement / MomentumCorporate and Other / Universal LifeCorporate and Other / Variable Universal LifeCorporate and Other / GMx B Legacy
Benefit payments(241)(23)(34)(1)(79)(20)(8)
Net transfers from (to) Separate Account(56)6,47310153(19)1765
Interest credited (2)26,0882617551061086
Other (4)1
Balance, end of period$(70)$90,076$1,738$10,905$438$4,868$5,288$216
Weighted-average crediting rate1.84%N/A2.99%2.66%2.30%3.85%3.67%2.78%
Net amount at risk (3)$2,799$3$94$6$30,087$116,980$13,628
Cash surrender value$160$85,864$1,733$10,857$438$3,266$3,247$401

Item 1. Consolidated Financial Statements

FAQ

What is Equitable Holdings's gmxb core — net amount at risk?
Equitable Holdings (EQH) reported gmxb core — net amount at risk of $2.8B in Q2 2026.
How has Equitable Holdings's gmxb core — net amount at risk changed year-over-year?
Equitable Holdings's gmxb core — net amount at risk decreased by 5.2% year-over-year, from $2.95B to $2.8B.
What is the long-term trend for Equitable Holdings's gmxb core — net amount at risk?
Over 3 years (2022 to 2025), Equitable Holdings's gmxb core — net amount at risk has grown at a -1.5% compound annual growth rate (CAGR), from $12.29B to $11.72B.
What does gmxb core — net amount at risk mean?
The difference between the guaranteed benefit amount and the current account value, representing the company's potential exposure if all policyholders were to exercise their guarantees immediately. It is a fundamental measure of downside risk for variable annuity products.

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