Evercore Inc.

EVR 10-Q · Q1 2026

EVR Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue (Q)
Show Product Lines breakouts
Advisory Fees · Investment Banking & Equities 1,244,739 557,349 +123.3%
Asset Management1 · Investment Management 22,643 20,983 +7.9%
Commissions and Related Revenue · Investment Banking & Equities 62,658 55,110 +13.7%
Underwriting Fees · Investment Banking & Equities 55,068 54,255 +1.5%
Wealth Management · Investment Management 22,643 20,983 +7.9%
Show Business Segments breakouts
Investment Banking & Equities 1,362,465 666,714 +104.4%
Investment Management 22,643 20,983 +7.9%
Other Income 15,361 11,325 +35.6%
Revenue 1,400,469 699,022 +100.3%
Interest Expense 8,891 4,193 +112.0%
Revenues Net Of Interest Expense 1,391,578 694,829 +100.3%
Show Business Segments breakouts
Investment Banking & Equities 1,368,750 674,532 +102.9%
Investment Management 22,828 20,297 +12.5%
Labor And Related Expense 904,070 459,825 +96.6%
Show Business Segments breakouts
Investment Banking & Equities 889,154 448,029 +98.5%
Investment Management 14,916 11,796 +26.4%
Occupancy Net 27,065 25,731 +5.2%
Show Business Segments breakouts
Investment Banking & Equities 26,438 25,103 +5.3%
Investment Management 627 628 -0.2%
Professional Fees 28,355 22,390 +26.6%
Show Business Segments breakouts
Investment Banking & Equities 27,539 21,144 +30.2%
Investment Management 816 1,246 -34.5%
Travel And Entertainment Expense 27,871 22,018 +26.6%
Show Business Segments breakouts
Investment Banking & Equities 27,607 21,811 +26.6%
Investment Management 264 207 +27.5%
Communications And Information Technology 40,418 33,367 +21.1%
Show Business Segments breakouts
Investment Banking & Equities 38,959 32,252 +20.8%
Investment Management 1,459 1,115 +30.9%
Depreciation And Amortization 12,438 5,976 +108.1%
Show Business Segments breakouts
Investment Banking & Equities 12,286 5,893 +108.5%
Investment Management 152 83 +83.1%
Floor Brokerage Exchange And Clearance Fees 3,187 3,346 -4.8%
Show Business Segments breakouts
Investment Banking & Equities 2,700 2,883 -6.3%
Investment Management 487 463 +5.2%
Business Combination Acquisition Related Costs 1,800
Show Business Segments breakouts
Investment Banking & Equities 1,800
Other Cost And Expense Operating 15,648 10,992 +42.4%
Show Business Segments breakouts
Investment Banking & Equities 15,327 10,688 +43.4%
Investment Management 321 304 +5.6%
Operating Expenses 1,060,852 583,645 +81.8%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 330,726 111,184 +197.5%
Show Business Segments breakouts
Investment Banking & Equities 326,940 106,729 +206.3%
Investment Management 3,786 4,455 -15.0%
Income Loss From Equity Method Investments 1,051 879 +19.6%
Show Business Segments breakouts
Investment Banking & Equities 8 -38 +121.1%
Investment Management 1,043 917 +13.7%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Atalanta Sosnoff 1,043 917 +13.7%
Seneca Evercore 8 -38 +121.1%
Income Before Taxes 331,777 112,063 +196.1%
Show Business Segments breakouts
Investment Banking & Equities 326,948 106,691 +206.4%
Investment Management 4,829 5,372 -10.1%
Income Tax Expense (Benefit) 9,056 -41,727 +121.7%
Net Income 322,721 153,790 +109.8%
Show Equity Components breakouts
Noncontrolling Interest 21,486 7,606 +182.5%
Retained Earnings 301,235 146,184 +106.1%
Net Income Loss Attributable To Noncontrolling Interest 21,486 7,606 +182.5%
Show Equity Components breakouts
Noncontrolling Interest 21,486 7,606 +182.5%
Net Income 301,235 146,184 +106.1%
Income Loss From Continuing Operations 301,235 146,184 +106.1%
Wtd Avg Shares (Basic) 38,969 38,718 +0.6%
Show Statement Class Of Stock breakouts
Common Class A 38,969 38,718 +0.6%
Wtd Avg Shares (Diluted) 41,850 42,058 -0.5%
Show Statement Class Of Stock breakouts
Common Class A 41,850 42,058 -0.5%
EPS (Basic) 7.73 3.78 +104.5%
Show Statement Class Of Stock breakouts
Common Class A 7.73 3.78 +104.5%
EPS (Diluted) 7.2 3.48 +106.9%
Show Statement Class Of Stock breakouts
Common Class A 7.2 3.48 +106.9%
Interest Expense (Q)
Show Ownership breakouts
Evercore Wealth Management ("EWM") 113
Comprehensive Income 291,164 154,031 +89.0%
Net Income Loss Available To Common Stockholders Basic (Q)
Show Statement Class Of Stock breakouts
Common Class A 301,235 146,184 +106.1%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 985,987 552,954 +78.3%
Short-Term Investments 1,035,030 811,459 +27.6%
Accounts Receivable Net 546,568 469,147 +16.5%
Other Receivables Net Current 74,661 37,856 +97.2%
Other Assets Current 168,311 174,638 -3.6%
Total Current Assets 2,810,557 2,046,054 +37.4%
Non-Current Assets
Deferred Tax Assets 307,412 282,470 +8.8%
Operating Lease Right-of-Use Assets 448,973 445,606 +0.8%
Property, Plant & Equipment 187,075 161,204 +16.0%
Goodwill 227,412 125,996 +80.5%
Other Non-Current Assets 290,232 192,880 +50.5%
Total Assets 4,314,273 3,271,115 +31.9%
Show Business Segments breakouts
Investment Banking & Equities 4,186,844 3,178,276 +31.7%
Investment Management 127,429 92,839 +37.3%
Show Geography breakouts
Americas 2,570,493 2,714,896 -5.3%
Asia Pacific 66,270 52,921 +25.2%
EMEA 1,677,510 503,298 +233.3%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 1,327 1,434 -7.5%
Variable Interest Entity Primary Beneficiary 1,133,162 477,865 +137.1%
Other Assets
Investments 16,741 16,905 -1.0%
Intangible Assets Net Excluding Goodwill 25,871
Amounts Due Pursuant To Tax Receivable Agreements 60,450 53,616 +12.7%
Current Liabilities
Accrued Employee Benefits Current 653,329 316,383 +106.5%
Accounts Payable And Accrued Liabilities Current 39,061 41,375 -5.6%
Other Liabilities Current (Q)
Show Related Party Transactions By Related Party breakouts
Nonrelated Party 54,085 38,701 +39.8%
Related Party 200,489 86,295 +132.3%
Operating Lease Liability Current 61,111 58,735 +4.0%
Taxes Payable Current 8,025 2,017 +297.9%
Total Current Liabilities 1,016,100 629,404 +61.4%
Deferred Revenue (Current) 22,648 6,676 +239.2%
Non-Current Liabilities
Operating Lease Liabilities 497,434 499,595 -0.4%
Deferred Tax Liabilities 4,056
Other Non-Current Liabilities 107,883 47,688 +126.2%
Total Liabilities 2,225,672 1,519,460 +46.5%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary 342,720 149,003 +130.0%
Long-Term Debt (Q)
Show Debt Instrument breakouts
Evercore Inc. 3.33% Series H Senior Notes · Senior Notes 32,878 32,096 +2.4%
Evercore Inc. 4.34% Series E Senior Notes · Senior Notes 74,715 74,638 +0.1%
Evercore Inc. 4.44% Series F Senior Notes · Senior Notes 59,696 59,647 +0.1%
Evercore Inc. 4.54% Series G Senior Notes · Senior Notes 39,761 39,735 +0.1%
Evercore Inc. 4.61% Series J Senior Notes · Senior Notes 66,338 66,107 +0.3%
Evercore Inc. 5.17% Series K Senior Notes · Senior Notes 124,710
Evercore Inc. 5.47% Series L Senior Notes · Senior Notes 124,696
Evercore Inc. 5.58% Series D Senior Notes · Senior Notes 16,955 16,934 +0.1%
Other Liabilities
Long Term Notes Payable 539,749 289,157 +86.7%
Show Long-Term Debt Type breakouts
Senior Notes 539,749 289,157 +86.7%
Stockholders' Equity
Common Stock (Q)
Show Statement Class Of Stock breakouts
Common Class A 897 869 +3.2%
Additional Paid-In Capital 4,141,883 3,596,161 +15.2%
Accumulated Other Comprehensive Income -23,199 -28,210 +17.8%
Retained Earnings 2,846,337 2,245,124 +26.8%
Treasury Stock Common Value -5,183,832 -4,307,384 -20.3%
Total Stockholders' Equity 1,782,086 1,506,560 +18.3%
Minority Interest 306,515 245,095 +25.1%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 2,088,601 1,751,655 +19.2%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -23,199 -28,210 +17.8%
Additional Paid In Capital 4,141,883 3,596,161 +15.2%
Common Stock · Common Class A 897 869 +3.2%
Noncontrolling Interest 306,515 245,095 +25.1%
Retained Earnings 2,846,337 2,245,124 +26.8%
Treasury Stock Common -5,183,832 -4,307,384 -20.3%
Total Liabilities & Equity 4,314,273 3,271,115 +31.9%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Gain Loss On Investments 8,573 7,120 +20.4%
Income Loss From Equity Method Investments Net Of Dividends Or Distributions 85 87 -2.3%
Stock-Based Compensation 195,777 148,425 +31.9%
Operating Lease Right Of Use Asset Amortization Expense 14,003 12,209 +14.7%
Depreciation Amortization And Accretion Net 13,706 2,565 +434.3%
Provision For Doubtful Accounts -97 2,590 -103.7%
Increase Decrease In Deferred Income Taxes -1,054 791 -233.2%
Increase Decrease In Trading Securities 5,734 6,443 -11.0%
Change in Accounts Receivable 7,100 -47,143 +115.1%
Increase Decrease In Accounts Receivable Related Parties -11,827 -4,160 -184.3%
Increase Decrease In Other Operating Assets 48,995 -51,284 +195.5%
Increase Decrease In Employee Related Liabilities -756,376 -752,903 -0.5%
Increase Decrease In Accounts Payable And Accrued Liabilities -7,006 9,308 -175.3%
Increase Decrease In Accounts Payable Related Parties 21,632 35,727 -39.5%
Increase Decrease In Accrued Income Taxes Payable -7,917 -2,764 -186.4%
Increase Decrease In Other Operating Liabilities -79,912 -70,454 -13.4%
Net Cash from Operations -225,863 -549,653 +58.9%
Investing Activities
Proceeds From Sale And Maturity Of Marketable Securities 1,440,079 1,043,959 +37.9%
Payments To Acquire Marketable Securities -749,409 -395,187 -89.6%
Proceeds From Sale And Maturity Of Other Investments 40,578 49,434 -17.9%
Payments To Acquire Restricted Certificates Of Deposit -203,618
Payments To Acquire Productive Assets -3,103 -19,660 +84.2%
Net Cash from Investing 524,527 679,761 -22.8%
Financing Activities
Payments Of Dividends Minority Interest -11,633 -8,365 -39.1%
Payments Relatedto Tax Receivable Agreement -667 -597 -11.7%
Maturities Of Senior Debt -48,000
Payments For Repurchase Of Common Stock And Partnership Units -621,349 -405,674 -53.2%
Payments Of Dividends Common Stock -49,790 -46,452 -7.2%
Net Cash from Financing -731,439 -460,857 -58.7%
Supplemental
Interest Paid 1,797 1,790 +0.4%
Income Taxes Paid 43,470 27,107 +60.4%
Accrued Dividends 3,723 3,763 -1.1%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents -7,273 11,382 -163.9%
Net Change in Cash -440,048 -319,367 -37.8%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 996,092 562,740 +77.0%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

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