AB reports Q4 GAAP EPU $0.90, adjusted $0.96; AUM record $867B

ALLIANCEBERNSTEIN HOLDING L.P.

GAAP diluted EPU $0.90 in Q4 2025 vs $0.94 in Q4 2024; adjusted EPU $0.96 vs $1.05.
Revenue $1.224B, down 2.7% YoY; adjusted revenue $957M, down 1.6%.
Full-year 2025 active net outflows $9.4B, led by $22.5B active equity redemptions.
Active fixed income tax-exempt inflows $11.6B; alternatives/multi-asset inflows $10.6B in 2025.
Cash distribution declared $0.96 per unit, flat with Q4 2024 but down 8.6% YoY.

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