Reported results
- Q3 2026 net income was $111.9 million, compared to $104.1 million for Q3 2025.
- Q3 2026 earnings per diluted share was $1.50, compared to $1.34 for Q3 2025.
- Total revenue for Q3 2026 was $507,329 thousand, up 8% from $469,446 thousand for Q3 2025.
- Operating income for Q3 2026 was $153,307 thousand, compared to $129,452 thousand for Q3 2025.
- Total managed assets were $884.4 billion at Sept. 30, 2026.
- Total operating expenses for Q3 2026 were $354,022 thousand, up 4% from $339,994 thousand for Q3 2025.
Notes
Effective October 1, 2025, a Separate Account was reclassified from Multi-Asset to Equity.
Price and volatility reaction
The stock moved +0.8% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -3.2 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 58.01 | 2026-10-29 |
| Close after release | 58.48 | 2026-10-30 |
| Realised move | +0.8% | close to close |
| 30d ATM IV change | -3.2 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 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.
