v3.26.1
Income Taxes
 6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
AB Holding is a publicly-traded partnership ("PTP") for federal tax purposes and, accordingly, is not subject to federal or state corporate income taxes. However, AB Holding is subject to the 4.0% New York City Unincorporated Business Tax (“UBT”), net of credits for UBT paid by AB, and to a 3.5% federal tax on partnership gross income from the active conduct of a trade or business. AB Holding’s partnership gross income is derived from its interest in AB.

AB Holding’s federal income tax is computed by multiplying certain AB qualifying revenues by AB Holding’s ownership interest in AB, multiplied by the 3.5% tax rate. Certain AB qualifying revenues are primarily U.S. investment advisory fees. AB Holding Units in AB’s consolidated rabbi trust are not considered outstanding for purposes of calculating AB Holding’s ownership interest in AB.
Three Months Ended
June 30,		Six Months Ended
June 30,
20262025% Change20262025% Change
(in thousands)(in thousands)
Net income attributable to AB Unitholders$255,222 $210,467 21.3%$550,707 $431,266 27.7%
Multiplied by: weighted average equity ownership interest31.3%37.5%31.3%37.5%
Equity in net income attributable to AB Unitholders$79,997 $78,830 1.5 $172,252 $161,583 6.6 
AB qualifying revenues$768,039 $711,826 7.9 $1,540,569 $1,412,596 9.1 
Multiplied by: weighted average equity ownership interest for calculating tax30.0%33.6%27.7%34.1%
Multiplied by: federal tax3.5%3.5%3.5%3.5%
Federal income taxes8,059 8,383 14,926 16,869 
State income taxes221 199 371 432 
Total income taxes$8,280 $8,582 (3.5%)$15,297 $17,301 (11.6%)
Effective tax rate10.4 %10.9 %8.9 %10.7 %

In order to preserve AB Holding’s status as a PTP for federal income tax purposes, management ensures that AB Holding does not directly or indirectly (through AB) enter into a substantial new line of business. If AB Holding were to lose or surrender its status as a PTP, it would be subject to corporate income tax, which would reduce materially AB Holding’s net income and its quarterly distributions to AB Holding Unitholders.