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Evercore EVR Travel And Entertainment Expense
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Where this comes from
Reported directly by Evercore in its filing.
Tagged under the XBRL concept us-gaap:TravelAndEntertainmentExpense.
The source filing: Evercore’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:07 PM EDT
- Fiscal quarter
- Q4 FY2026
- Calendar quarter
- Q4 2026
- Accession
- 0001628280-26-053320
| Line item | For the Three Months Ended June 30, 2026 | For the Three Months Ended June 30, 2025 | For the Six Months Ended June 30, 2026 | For the Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Employee Compensation and Benefits | 641,791 | 548,611 | 1,545,861 | 1,008,436 |
| Occupancy and Equipment Rental | 29,726 | 26,914 | 56,791 | 52,645 |
| Professional Fees | 33,044 | 23,133 | 61,399 | 45,523 |
| Travel and Related Expenses | 35,331 | 23,984 | 63,202 | 46,002 |
| Technology and Information Services | 43,961 | 36,587 | 84,379 | 69,954 |
| Depreciation and Amortization | 12,577 | 6,450 | 25,015 | 12,426 |
| Execution, Clearing and Custody Fees | 3,052 | 3,180 | 6,239 | 6,526 |
| Special Charges, Including Business Realignment Costs | 21,315 | — | 21,315 | — |
Item 1. Financial Statements
FAQ
- What is Evercore's travel and entertainment expense?
- Evercore (EVR) reported travel and entertainment expense of $35.33M in Q2 2026.
- How has Evercore's travel and entertainment expense changed year-over-year?
- Evercore's travel and entertainment expense increased by 47.3% year-over-year, from $23.98M to $35.33M.
- What is the long-term trend for Evercore's travel and entertainment expense?
- Over 4 years (2021 to 2025), Evercore's travel and entertainment expense has grown at a 45.3% compound annual growth rate (CAGR), from $21.48M to $95.61M.
- What does travel and entertainment expense mean?
- This covers costs related to business travel, client meetings, and entertainment necessary to maintain client relationships and secure new business. In the relationship-driven investment banking industry, this is a critical investment in business development. It is highly correlated with the level of client-facing activity and deal-making efforts.
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