XML 15 R4.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Dividend and interest income $ 29,201 $ 36,137 $ 59,671 $ 70,487
Investment gains (losses) 13,505 (7,825) 44,564 (28,363)
Other revenues 32,945 33,912 68,115 64,092
Total revenues 1,183,516 1,104,569 2,398,247 2,202,693
Less: Broker-dealer related interest expense 12,512 15,662 25,517 33,179
Net revenues 1,171,004 1,088,907 2,372,730 2,169,514
Expenses:        
Employee compensation and benefits 471,127 439,554 938,684 860,085
Promotion and servicing:        
Amortization of deferred sales commissions 21,156 21,150 42,651 41,311
Trade execution, marketing, T&E and other 42,082 40,819 82,599 77,332
General and administrative 135,133 148,018 265,524 295,953
Interest on borrowings 7,099 8,463 14,306 15,601
Amortization of intangible assets 11,181 11,288 22,344 22,589
Total expenses 881,852 866,813 1,756,778 1,711,051
Operating income 289,152 222,094 615,952 458,463
Income taxes 16,782 14,806 34,946 29,481
Net income 272,370 207,288 581,006 428,982
Net income (loss) of consolidated entities attributable to non-controlling interests 17,148 (3,179) 30,299 (2,284)
Net income attributable to AB Unitholders $ 255,222 $ 210,467 $ 550,707 $ 431,266
Earnings Per Unit [Abstract]        
Net income per AB Unit - basic (in dollars per share) $ 0.86 $ 0.71 $ 1.85 $ 1.46
Net income per AB Unit - diluted (in dollars per share) $ 0.86 $ 0.71 $ 1.85 $ 1.46
Investment advisory and services fees        
Revenues:        
Revenue subject to contracts with customers $ 906,946 $ 843,978 $ 1,822,160 $ 1,699,090
Distribution revenues        
Revenues:        
Revenue subject to contracts with customers 200,919 198,367 403,737 397,387
Promotion and servicing:        
Distribution-related payments $ 194,074 $ 197,521 $ 390,670 $ 398,180