v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Investment Banking & Equities:        
Other Revenue, Including Interest and Investments $ 38,646 $ 29,134 $ 54,007 $ 40,459
Total Revenues 998,497 838,040 2,398,966 1,537,062
Interest Expense 8,298 4,210 17,189 8,403
Net Revenues 990,199 833,830 2,381,777 1,528,659
Expenses        
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 0 21,315 0
Acquisition and Transition Costs 0 1,637 1,800 1,637
Other Operating Expenses 22,826 12,945 38,474 23,937
Total Expenses 843,623 683,441 1,904,475 1,267,086
Income Before Income from Equity Method Investments and Income Taxes 146,576 150,389 477,302 261,573
Income from Equity Method Investments 1,018 815 2,069 1,694
Income Before Income Taxes 147,594 151,204 479,371 263,267
Provision for Income Taxes 41,094 44,265 50,150 2,538
Net Income 106,500 106,939 429,221 260,729
Net Income Attributable to Noncontrolling Interest 11,223 9,738 32,709 17,344
Net Income Attributable to Evercore Inc. 95,277 97,201 396,512 243,385
Net Income Attributable to Evercore Inc. Common Shareholders $ 95,277 $ 97,201 $ 396,512 $ 243,385
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 38,631 38,715 38,799 38,717
Diluted (in shares) 41,134 41,213 41,491 41,636
Net Income Per Share Attributable to Evercore Inc. Common Shareholders:        
Basic (in dollars per share) $ 2.47 $ 2.51 $ 10.22 $ 6.29
Diluted (in dollars per share) $ 2.32 $ 2.36 $ 9.56 $ 5.85
Investment Banking & Equities        
Investment Banking & Equities:        
Revenue from Contract with Customer $ 936,196 $ 788,222 $ 2,298,661 $ 1,454,936
Net Revenues 966,877 812,171 2,335,627 1,486,703
Expenses        
Employee Compensation and Benefits 627,299 535,447 1,516,453 983,476
Occupancy and Equipment Rental 29,084 26,261 55,522 51,364
Professional Fees 32,198 22,059 59,737 43,203
Travel and Related Expenses 34,903 23,729 62,510 45,540
Technology and Information Services 42,277 35,411 81,236 67,663
Depreciation and Amortization 12,413 6,342 24,699 12,235
Execution, Clearing and Custody Fees 2,556 2,729 5,256 5,612
Special Charges, Including Business Realignment Costs 21,315 0 21,315 0
Acquisition and Transition Costs 0 1,637 1,800 1,637
Other Operating Expenses 22,358 12,605 37,685 23,293
Income Before Income from Equity Method Investments and Income Taxes 142,474 145,951 469,414 252,680
Income from Equity Method Investments 18 11 26 (27)
Income Before Income Taxes 142,492 145,962 469,440 252,653
Investment Banking & Equities | Advisory Fees        
Investment Banking & Equities:        
Revenue from Contract with Customer 775,590 697,744 2,020,329 1,255,093
Investment Banking & Equities | Underwriting Fees        
Investment Banking & Equities:        
Revenue from Contract with Customer 97,071 32,206 152,139 86,461
Investment Banking & Equities | Commissions and Related Revenue        
Investment Banking & Equities:        
Revenue from Contract with Customer 63,535 58,272 126,193 113,382
Investment Management        
Investment Banking & Equities:        
Revenue from Contract with Customer 23,655 20,684 46,298 41,667
Net Revenues 23,322 21,659 46,150 41,956
Expenses        
Employee Compensation and Benefits 14,492 13,164 29,408 24,960
Occupancy and Equipment Rental 642 653 1,269 1,281
Professional Fees 846 1,074 1,662 2,320
Travel and Related Expenses 428 255 692 462
Technology and Information Services 1,684 1,176 3,143 2,291
Depreciation and Amortization 164 108 316 191
Execution, Clearing and Custody Fees 496 451 983 914
Other Operating Expenses 468 340 789 644
Income Before Income from Equity Method Investments and Income Taxes 4,102 4,438 7,888 8,893
Income from Equity Method Investments 1,000 804 2,043 1,721
Income Before Income Taxes 5,102 5,242 9,931 10,614
Investment Management | Asset Management and Administration Fees        
Investment Banking & Equities:        
Revenue from Contract with Customer $ 23,655 $ 20,684 $ 46,298 $ 41,667