v3.26.3
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Dividend and interest income $ 30,511 $ 35,944 $ 90,182 $ 106,431
Investment (losses) gains (11,454) (2,721) 33,110 (31,084)
Other revenues 32,598 34,253 100,713 98,345
Total revenues 1,238,905 1,152,350 3,637,152 3,355,043
Less: Broker-dealer related interest expense 13,340 15,203 38,857 48,382
Net revenues 1,225,565 1,137,147 3,598,295 3,306,661
Expenses:        
Employee compensation and benefits 564,223 450,793 1,502,907 1,310,878
Promotion and servicing:        
Amortization of deferred sales commissions 19,659 20,872 62,310 62,183
Trade execution, marketing, T&E and other 40,593 36,907 123,192 114,239
General and administrative 145,792 118,203 411,316 414,156
Interest on borrowings 4,929 7,167 19,235 22,768
Amortization of intangible assets 11,150 11,293 33,494 33,882
Total expenses 976,019 853,670 2,732,797 2,564,721
Operating income 249,546 283,477 865,498 741,940
Income taxes 11,191 17,085 46,137 46,566
Net income 238,355 266,392 819,361 695,374
Net (loss) income of consolidated entities attributable to non-controlling interests (18,549) 7,129 11,750 4,845
Net income attributable to AB Unitholders $ 256,904 $ 259,263 $ 807,611 $ 690,529
Earnings Per Unit [Abstract]        
Net income per AB Unit - basic (in dollars per share) $ 0.87 $ 0.88 $ 2.72 $ 2.34
Net income per AB Unit - diluted (in dollars per share) $ 0.87 $ 0.88 $ 2.72 $ 2.34
Investment advisory and services fees        
Revenues:        
Revenue subject to contracts with customers $ 989,970 $ 874,450 $ 2,812,130 $ 2,573,540
Distribution revenues        
Revenues:        
Revenue subject to contracts with customers 197,280 210,424 601,017 607,811
Promotion and servicing:        
Distribution-related payments $ 189,673 $ 208,435 $ 580,343 $ 606,615