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Equitable Holdings EQH GMxB Legacy — Deferred Sales Inducement Cost, Amortization Expense

Other product segments

GMxB Core
$3M0.0%

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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:DeferredSalesInducementsAmortizationExpense.

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 itemSix Months Ended June 30, 2026 / Retirement / GMx B CoreSix Months Ended June 30, 2026 / Corporate and Other / GMx B LegacySix Months Ended June 30, 2025 / Retirement / GMx B CoreSix Months Ended June 30, 2025 / Corporate and Other / GMx B Legacy
Balance, beginning of period$107$141$117$160
Capitalization11
Amortization(6)(9)(6)(9)
Balance, end of period$102$132$112$151

Item 1. Consolidated Financial Statements

FAQ

What is Equitable Holdings's gmxb legacy — deferred sales inducement cost, amortization expense?
Equitable Holdings (EQH) reported gmxb legacy — deferred sales inducement cost, amortization expense of $5M in Q2 2026.
How has Equitable Holdings's gmxb legacy — deferred sales inducement cost, amortization expense changed year-over-year?
Equitable Holdings's gmxb legacy — deferred sales inducement cost, amortization expense increased by 25.0% year-over-year, from $4M to $5M.
What is the long-term trend for Equitable Holdings's gmxb legacy — deferred sales inducement cost, amortization expense?
Over 3 years (2021 to 2025), Equitable Holdings's gmxb legacy — deferred sales inducement cost, amortization expense has grown at a -7.5% compound annual growth rate (CAGR), from $24M to $19M.
What does gmxb legacy — deferred sales inducement cost, amortization expense mean?
The periodic expense recognized from the amortization of deferred sales inducement costs. This reflects the systematic expensing of customer acquisition incentives over the term of the policy.

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