---
schema_version: "secwatch.filing_event.v1"
accession: "0001333986-25-000043"
form_type: "8-K"
ticker: "EQH"
cik: "0001333986"
company_name: "Equitable Holdings, Inc."
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T20:31:44.636063+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Equitable Holdings Q2 net loss $349M; closes $2B Life reinsurance with RGA

## Summary
- Net loss of $349M ($1.21 per share); Non-GAAP operating earnings $352M ($1.10), adjusted $447M ($1.41) down 8% YoY.
- Closed Individual Life reinsurance with RGA on July 31, generating over $2B value, reducing mortality exposure by 75%.
- Positive net flows: Retirement $1.9B, Wealth Mgmt $2.0B; active net outflows Asset Mgmt $4.8B.
- Returned $318M to shareholders in Q2; combined NAIC RBC ratio over 500% after reinsurance.
- CEO says earnings below expectations but growth momentum; reaffirms 2027 targets ($2B annual cash, 12-15% EPS CAGR).

## SEC filing metadata
- accession: 0001333986-25-000043
- form_type: 8-K
- ticker: EQH
- cik: 0001333986
- company_name: Equitable Holdings, Inc.
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333986/000133398625000043/0001333986-25-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333986/000133398625000043/axaeq-20250805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001333986-25-000043
- JSON: https://secwatch.observer/filing/0001333986-25-000043.json
- Plain text: https://secwatch.observer/filing/0001333986-25-000043.txt

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