Reported results
- Preliminary net income was $380.1 million, or $0.72 per diluted share, for the quarter ended September 30, 2026.
- Total operating revenues were $2,434.9 million for the quarter ended September 30, 2026.
- Preliminary operating income was $355.8 million for the quarter ended September 30, 2026.
- Preliminary adjusted net income (non-GAAP) was $493.4 million, or $0.94 preliminary adjusted diluted earnings per share (non-GAAP), for the quarter ended September 30, 2026.
- Preliminary adjusted operating income (non-GAAP) was $598.6 million for the quarter ended September 30, 2026.
Notes
Beginning in fiscal year 2026, non-fee generating uncalled capital commitments are reflected in long-term inflows in the period committed, and prior periods have not been revised. Effective January 1, 2026, Asia-Pacific includes India, and prior periods have been revised to reflect the current presentation.
Price and volatility reaction
The stock moved +4.7% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -4.8 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 32.21 | 2026-11-05 |
| Close after release | 33.73 | 2026-11-06 |
| Realised move | +4.7% | close to close |
| 30d ATM IV change | -4.8 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.
