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Equitable Holdings EQH UL — Unearned Revenue Liability, Capitalization

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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 eqh:UnearnedRevenueLiabilityCapitalization.

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 / ULSix Months Ended June 30, 2026 / VULSix Months Ended June 30, 2026 / IULSix Months Ended June 30, 2025 / ULSix Months Ended June 30, 2025 / VULSix Months Ended June 30, 2025 / IUL
Balance, beginning of period$112$866$254$114$840$250
Capitalization5771977423
Amortization(4)(29)(9)(4)(27)(8)
Recovery of unearned revenue reserves (1)(3)(41)(13)
Balance, end of period$110$873$251$117$887$265

Item 1. Consolidated Financial Statements

FAQ

What is Equitable Holdings's UL — unearned revenue liability, capitalization?
Equitable Holdings (EQH) reported UL — unearned revenue liability, capitalization of $2M in Q2 2026.
How has Equitable Holdings's UL — unearned revenue liability, capitalization changed year-over-year?
Equitable Holdings's UL — unearned revenue liability, capitalization decreased by 50.0% year-over-year, from $4M to $2M.
What is the long-term trend for Equitable Holdings's UL — unearned revenue liability, capitalization?
Over 3 years (2021 to 2025), Equitable Holdings's UL — unearned revenue liability, capitalization has grown at a -19.6% compound annual growth rate (CAGR), from $25M to $13M.
What does UL — unearned revenue liability, capitalization mean?
This represents the initial deferral of revenue related to Universal Life policies, which is capitalized as a liability and amortized over the life of the policy. It reflects the accounting treatment of front-loaded fees that are earned over time. This metric is vital for understanding the timing of revenue recognition.

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