Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Revenues

Revenues for the years ended December 31, 2025, 2024 and 2023 consisted of the following:

	Years Ended December 31,
	2025			2024			2023
	(in thousands)
Subject to contracts with customers:
Investment advisory and services fees
Base fees		$	3,346,239		$	3,171,175		$	2,830,557
Performance-based fees		185,251			270,964			144,911
Bernstein research services(1)		—			96,222			386,142
Distribution revenues
All-in-management fees		358,877			337,999			284,057
12b-1 fees		63,050			67,611			63,127
Other distribution fees (2)		396,517			321,060			239,079
Other revenues
Shareholder servicing fees		82,771			89,195			83,802
JV related revenues (3)		36,341			37,775			—
Other		13,223			14,317			17,061
		4,482,269			4,406,318			4,048,736
Not subject to contracts with customers:
Dividend and interest income, net of interest expense		77,372			80,800			91,902
Investment (losses) gains		(30,846)			(13,486)			14,206
Other revenues		1,857			1,507			479
		48,383			68,821			106,587
Total net revenues		$	4,530,652		$	4,475,139		$	4,155,323

(1)On April 1, 2024 AB and Societe Generale, a leading European bank, completed their transaction to form a jointly owned equity research provider and cash equity trading partner for institutional investors. AB has deconsolidated the Bernstein Research Services business and contributed the business to the joint venture.

(2)Other distribution fees primarily consists of distribution servicing fees associated with our Japan operations.

(3)We maintain certain service level agreements and recognize revenues associated with these services in connection with our investment in the JVs.