---
schema_version: "secwatch.filing_event.v1"
accession: "0001333986-23-000008"
form_type: "8-K"
ticker: "EQH"
cik: "0001333986"
company_name: "Equitable Holdings, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:33:48.627062+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# EQH Q1 GAAP net income $177M ($0.45/shr); adjusted operating earnings $456M ($1.21/shr), down 18% YoY

## Summary
- Non-GAAP operating earnings $364M ($0.96/shr), or $456M ($1.21/shr) after adjusting for notable items; GAAP net income $177M ($0.45/shr).
- Core net inflows of $3.2B across Retirement, Asset and Wealth Management segments; returned $286M to shareholders in Q1.
- HoldCo cash $1.8B net of $520M debt repayment in April 2023; 96% of fixed maturities rated investment grade.
- Q1 adjusted operating EPS up 9% QoQ but down 18% YoY; company cites in-line expectations with equity markets driving fee-based earnings.

## SEC filing metadata
- accession: 0001333986-23-000008
- form_type: 8-K
- ticker: EQH
- cik: 0001333986
- company_name: Equitable Holdings, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333986/000133398623000008/0001333986-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333986/000133398623000008/axaeq-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001333986-23-000008
- JSON: https://secwatch.observer/filing/0001333986-23-000008.json
- Plain text: https://secwatch.observer/filing/0001333986-23-000008.txt

## Key facts
- Earnings Releases
  Equitable Holdings, Inc. reported the first quarter ended March 31, 2023 results: net income $177 million, EPS $0.45.
  - Period: the first quarter ended March 31, 2023
  - Net income: $177 million
  - EPS: $0.45
  - Result: reported results
  source text: Equitable Holdings, Inc. (“EQH”) issued a press release announcing its financial results for the quarter and full year ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333986/000133398623000008/0001333986-23-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.