SHARPE
Reported results
- U.S. GAAP basis net revenues were $2,004.9 million for the third quarter of 2026.
- U.S. GAAP basis diluted earnings per common share was $2.79 for Q3 2026.
- Adjusted basis diluted earnings per common share was $2.86 for Q3 2026.
- Ending assets under management (AUM) were $1,862.7 billion at September 30, 2026.
- Net client outflows were $28.3 billion for the third quarter of 2026.
Guidance
- The firm estimates that its effective income tax rate for the full year 2026, on a U.S. GAAP and adjusted basis, will be in the range of 23.5% to 25.5%.
Notes
In Q1 2026, the firm reclassified technology-related professional fees and servicing costs from general, administrative, and other costs to technology, occupancy, and facility costs; prior periods were recast to reflect this change.
Price and volatility reaction
The stock moved +2.5% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -3.8 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 104 | 2026-10-28 |
| Close after release | 106.63 | 2026-10-29 |
| Realised move | +2.5% | close to close |
| 30d ATM IV change | -3.8 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 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.