Evercore Inc. reported record financial results for the third quarter ended September 30, 2026, according to an 8-K filing dated October 28, 2026. The firm announced quarterly net revenues of $1.17 billion, a 12% increase from the prior year, and year-to-date net revenues of $3.55 billion, up 38% from 2025. These figures represent the sixth consecutive quarterly revenue record for the company.
On a U.S. GAAP basis, the company reported third-quarter operating income of $242.6 million and diluted earnings per share of $3.93. Year-to-date, operating income reached $719.9 million, and diluted earnings per share totaled $13.49. The firm noted that its year-to-date operating margins increased by 167 basis points on a U.S. GAAP basis and 336 basis points on an adjusted basis compared to 2025.
Evercore advised on several significant transactions during the quarter, including the $24 billion sale of PTC to Schneider Electric, GE Aerospace's $11.75 billion acquisition of Consolidated Precision Products, and easyJet's £5.6 billion sale to Apollo. In its Underwriting business, the firm served as a bookrunner on the $365 million Initial Public Offering of Lycia Therapeutics and Halozyme Therapeutics' $1.3 billion convertible bond offering.
The firm announced the appointment of Nigel Dawn and Naveen Nataraj as Co-Presidents, effective January 1, 2027. Additionally, Hans Vestberg, the former Chairman and CEO of Verizon, joined the firm as a Senior Advisor. Evercore returned $1.0 billion to shareholders during the first nine months of 2026 through dividends and share repurchases, including a quarterly dividend of $0.89 per share.
