SHARPE
Reported results
- Total revenues increased 7.4% to $1.7 billion compared to the third quarter of the prior year.
- Growth of Organic Revenue (non-GAAP) was 1.2%, and growth of Organic Revenue with Contingents (non-GAAP) was 1.5%.
- Income before income taxes was $320 million, with Income Before Income Taxes Margin of 18.6%.
- EBITDAC - Adjusted (non-GAAP) was $597 million, with EBITDAC Margin - Adjusted (non-GAAP) of 34.6%.
- Net income attributable to the Company increased 5.7% to $240 million.
- Diluted net income per share was $0.67, while Diluted Net Income Per Share - Adjusted (non-GAAP) was $1.07.
Price and volatility reaction
The stock moved -5.0% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -4.3 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 71.08 | 2026-10-26 |
| Close after release | 67.55 | 2026-10-27 |
| Realised move | -5.0% | close to close |
| 30d ATM IV change | -4.3 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 2026-10-26 (8-K, Item 2.02). Read the original filing on sec.gov.