--- title: "Evercore | 8-K: FY2026 Q1 Revenue: USD 1.392 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/284550341.md" datetime: "2026-04-29T10:47:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284550341.md) - [en](https://longbridge.com/en/news/284550341.md) - [zh-HK](https://longbridge.com/zh-HK/news/284550341.md) --- # Evercore | 8-K: FY2026 Q1 Revenue: USD 1.392 B Revenue: As of FY2026 Q1, the actual value is USD 1.392 B. EPS: As of FY2026 Q1, the actual value is USD 7.2, beating the estimate of USD 4.785. EBIT: As of FY2026 Q1, the actual value is USD 340.67 M. Evercore Inc. reported record first quarter 2026 revenues and increased its quarterly dividend . #### Net Revenues - **U.S. GAAP Net Revenues**: $1,391.6 million for Q1 2026, representing a 100% increase from $694.8 million in Q1 2025 . - **Adjusted Net Revenues**: $1,401.5 million for Q1 2026, representing a 100% increase from $699.9 million in Q1 2025 . #### Segment Revenue - **Investment Banking & Equities Segment (U.S. GAAP)**: - 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 . - Underwriting Fees: $55,068 thousand in Q1 2026, up 1% from $54,255 thousand in Q1 2025, reflecting an increase in transaction participation . - 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 . - **Investment Banking & Equities Segment (Adjusted)**: - Advisory Fees: $1,244,747 thousand in Q1 2026, up 123% from $557,311 thousand in Q1 2025 . - Underwriting Fees: $55,068 thousand in Q1 2026, up 1% from $54,255 thousand in Q1 2025 . - Commissions and Related Revenue: $62,658 thousand in Q1 2026, up 14% from $55,110 thousand in Q1 2025 . - **Investment Management Segment (U.S. GAAP)**: - 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) . - 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 . - **Investment Management Segment (Adjusted)**: - 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 . - 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 . #### Operational Metrics - **Net Income Attributable to Evercore Inc.**: - U.S. GAAP: $301.2 million in Q1 2026, compared to $146.2 million in Q1 2025 . - Adjusted: $334.7 million in Q1 2026, compared to $154.8 million in Q1 2025 . - **Operating Income**: - U.S. GAAP: $330.7 million in Q1 2026, a 197% increase from $111.2 million in Q1 2025 . - Adjusted: $354.5 million in Q1 2026, a 205% increase from $116.3 million in Q1 2025 . - **Operating Margin**: - U.S. GAAP: 23.8% in Q1 2026, up from 16.0% in Q1 2025 . - Adjusted: 25.3% in Q1 2026, up from 16.6% in Q1 2025 . - **Employee Compensation and Benefits**: - 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 . - Adjusted: $896,984 thousand in Q1 2026, up 95% from $459,825 thousand in Q1 2025 . - **Compensation Ratio**: - U.S. GAAP: 65.0% in Q1 2026, down from 66.2% in Q1 2025 . - Adjusted: 64.0% in Q1 2026, down from 65.7% in Q1 2025 . - **Non-Compensation Costs**: - 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 . - Adjusted: $150,049 thousand in Q1 2026, up 21% from $123,820 thousand in Q1 2025 . - **Effective Tax Rate**: - 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 . - Adjusted: 3.0% in Q1 2026, compared to -39.7% in Q1 2025 . #### Unique Metrics - **Assets Under Management (AUM)**: $15,082 million as of March 31, 2026, a 10% increase from $13,700 million as of March 31, 2025 . - **Number of Fees from Advisory and Underwriting Client Transactions**: 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 . - **Headcount**: Evercore Inc. employed approximately 2,635 people worldwide as of March 31, 2026, up from 2,395 in 2025 . The Investment Banking & Equities Senior Managing Directors headcount increased to 223 as of March 31, 2026, from 197 in 2025 . #### Capital Return - Evercore Inc. increased its quarterly dividend by 6% to $0.89 per share . - 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 . #### Outlook / Guidance 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 . ### Related Stocks - [EVR.US](https://longbridge.com/en/quote/EVR.US.md) ## Related News & Research - [A lot of these sentiment indicators have been 'misleading': Evercore ISI's Julian Emanuel](https://longbridge.com/en/news/286603941.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [GDEV announces results for the first quarter of 2026 | GDEV Stock News](https://longbridge.com/en/news/286909689.md) - [OS Therapies to Announce First Quarter 2026 Financials on Monday, May 18, 2026 | OSTX Stock News](https://longbridge.com/en/news/286607728.md)