<span item_type="fundamental" item_id="ace627be3154be163608152f0358e08b" counter_id="ST/US/EVR" env="prod"></span><span item_type="announcement" item_id="642797028149821697" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 1.392 B.</p><p>EPS: As of FY2026 Q1, the actual value is USD 7.2, beating the estimate of USD 4.785.</p><p>EBIT: As of FY2026 Q1, the actual value is USD 340.67 M.</p><p></p><p>Evercore Inc. reported record first quarter 2026 revenues and increased its quarterly dividend <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1360901/000162828026028098/earningsrelease1q26.htm"></span>.</p><h4>Net Revenues</h4><ul><li><strong>U.S. GAAP Net Revenues</strong>: $1,391.6 million for Q1 2026, representing a 100% increase from $694.8 million in Q1 2025 .</li><li><strong>Adjusted Net Revenues</strong>: $1,401.5 million for Q1 2026, representing a 100% increase from $699.9 million in Q1 2025 .</li></ul><h4>Segment Revenue</h4><ul><li><strong>Investment Banking &amp; Equities Segment (U.S. GAAP)</strong>:<ul><li>Advisory Fees: $1,244,739 thousand in Q1 2026, up 123% from $557,349 thousand in Q1 2025, driven by higher revenue from large transactions and an increase in the number of advisory fees earned .</li><li>Underwriting Fees: $55,068 thousand in Q1 2026, up 1% from $54,255 thousand in Q1 2025, reflecting an increase in transaction participation .</li><li>Commissions and Related Revenue: $62,658 thousand in Q1 2026, up 14% from $55,110 thousand in Q1 2025, primarily due to higher trading commissions from increased trading volume .</li></ul></li><li><strong>Investment Banking &amp; Equities Segment (Adjusted)</strong>:<ul><li>Advisory Fees: $1,244,747 thousand in Q1 2026, up 123% from $557,311 thousand in Q1 2025 .</li><li>Underwriting Fees: $55,068 thousand in Q1 2026, up 1% from $54,255 thousand in Q1 2025 .</li><li>Commissions and Related Revenue: $62,658 thousand in Q1 2026, up 14% from $55,110 thousand in Q1 2025 .</li></ul></li><li><strong>Investment Management Segment (U.S. GAAP)</strong>:<ul><li>Asset Management and Administration Fees: $22,643 thousand in Q1 2026, up 8% from $20,983 thousand in Q1 2025, driven by increased fees from Wealth Management clients and a 10% increase in associated Assets Under Management (AUM) .</li><li>Other Revenue, net (consolidated): $6,470 thousand in Q1 2026, down 9% from $7,132 thousand in Q1 2025, primarily due to increased interest expense partially offset by higher interest income .</li></ul></li><li><strong>Investment Management Segment (Adjusted)</strong>:<ul><li>Asset Management and Administration Fees: $23,686 thousand in Q1 2026, up 8% from $21,900 thousand in Q1 2025, driven by higher fees from Wealth Management clients, a 10% increase in AUM, and a 14% increase in equity in earnings of affiliates .</li><li>Other Revenue, net (consolidated): $15,361 thousand in Q1 2026, up 36% from $11,325 thousand in Q1 2025, primarily due to higher interest income .</li></ul></li></ul><h4>Operational Metrics</h4><ul><li><strong>Net Income Attributable to Evercore Inc.</strong>:<ul><li>U.S. GAAP: $301.2 million in Q1 2026, compared to $146.2 million in Q1 2025 .</li><li>Adjusted: $334.7 million in Q1 2026, compared to $154.8 million in Q1 2025 .</li></ul></li><li><strong>Operating Income</strong>:<ul><li>U.S. GAAP: $330.7 million in Q1 2026, a 197% increase from $111.2 million in Q1 2025 .</li><li>Adjusted: $354.5 million in Q1 2026, a 205% increase from $116.3 million in Q1 2025 .</li></ul></li><li><strong>Operating Margin</strong>:<ul><li>U.S. GAAP: 23.8% in Q1 2026, up from 16.0% in Q1 2025 .</li><li>Adjusted: 25.3% in Q1 2026, up from 16.6% in Q1 2025 .</li></ul></li><li><strong>Employee Compensation and Benefits</strong>:<ul><li>U.S. GAAP: $904,070 thousand in Q1 2026, up 97% from $459,825 thousand in Q1 2025, reflecting a higher accrual for incentive compensation, higher base salaries, and higher amortization of prior period deferred compensation awards .</li><li>Adjusted: $896,984 thousand in Q1 2026, up 95% from $459,825 thousand in Q1 2025 .</li></ul></li><li><strong>Compensation Ratio</strong>:<ul><li>U.S. GAAP: 65.0% in Q1 2026, down from 66.2% in Q1 2025 .</li><li>Adjusted: 64.0% in Q1 2026, down from 65.7% in Q1 2025 .</li></ul></li><li><strong>Non-Compensation Costs</strong>:<ul><li>U.S. GAAP: $156,782 thousand in Q1 2026, up 27% from $123,820 thousand in Q1 2025, driven by increases in technology and information services, depreciation and amortization, professional fees, and travel expenses .</li><li>Adjusted: $150,049 thousand in Q1 2026, up 21% from $123,820 thousand in Q1 2025 .</li></ul></li><li><strong>Effective Tax Rate</strong>:<ul><li>U.S. GAAP: 2.7% in Q1 2026, compared to -37.2% in Q1 2025, impacted by a tax benefit related to the appreciation in the firm’s share price upon vesting of employee share-based awards .</li><li>Adjusted: 3.0% in Q1 2026, compared to -39.7% in Q1 2025 .</li></ul></li></ul><h4>Unique Metrics</h4><ul><li><strong>Assets Under Management (AUM)</strong>: $15,082 million as of March 31, 2026, a 10% increase from $13,700 million as of March 31, 2025 .</li><li><strong>Number of Fees from Advisory and Underwriting Client Transactions</strong>: 313 in Q1 2026, up 32% from 238 in Q1 2025 . Transactions with fees of at least $1 million increased 54% to 148 in Q1 2026 from 96 in Q1 2025 .</li><li><strong>Headcount</strong>: Evercore Inc. employed approximately 2,635 people worldwide as of March 31, 2026, up from 2,395 in 2025 . The Investment Banking &amp; Equities Senior Managing Directors headcount increased to 223 as of March 31, 2026, from 197 in 2025 .</li></ul><h4>Capital Return</h4><ul><li>Evercore Inc. increased its quarterly dividend by 6% to $0.89 per share .</li><li>The company returned $673.3 million to shareholders during the quarter through dividends and repurchases of 1.9 million shares at an average price of $322.00 .</li></ul><h4>Outlook / Guidance</h4><p>Evercore Inc. did not provide explicit forward-looking guidance or an outlook section in this report, beyond general statements about continued focus on serving clients and building on the strength of its franchise .</p>

Evercore | 8-K: FY2026 Q1 Revenue: USD 1.392 B