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Net Income per Unit (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Unit [Abstract]  
Summary of Earnings Per Unit, Basic and Diluted
Net income per Unit is derived by reducing net income for the 1.0% general partnership interest and dividing the remaining 99.0% by the weighted average number of limited partnership units outstanding for each period. Diluted net income per Unit is equivalent to net income per Unit, as there are no outstanding instruments that have a dilutive effect.
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in thousands, except per unit amounts)
Net income attributable to AB Unitholders$255,222 $210,467 $550,707 $431,266 
Weighted average limited partnership Units outstanding 294,526 292,064 294,130 292,125 
Net income per AB Unit$0.86 $0.71 $1.85 $1.46