Form 8-K

8-K — Evercore Inc.

Accession: 0001628280-26-050373

Filed: 2026-07-29

Period: 2026-07-29

CIK: 0001360901

SIC: 6282 (INVESTMENT ADVICE)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — evr-20260729.htm (Primary)

EX-99.1 (earningsrelease2q26.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: evr-20260729.htm · Sequence: 1

evr-20260729

0001360901false00013609012026-07-292026-07-29

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________

FORM 8-K

____________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 29, 2026

EVERCORE INC.

(Exact name of registrant as specified in its charter)

Delaware 001-32975 20-4748747

(State or Other Jurisdiction of

Incorporation) (Commission File Number) (I.R.S. Employer

Identification No.)

55 East 52nd Street

New York, New York 10055

(Address of principal executive offices) (Zip Code)

(212) 857-3100

(Registrant's telephone number, including area code)

NOT APPLICABLE

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol Name of each exchange on which registered

Class A Common Stock, par value $0.01 per share EVR New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under the Exchange Act (17 CFR 240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition

On July 29, 2026, Evercore Inc. issued a press release announcing financial results for its second quarter ended June 30, 2026.

A copy of the press release is attached hereto as Exhibit 99.1. All information in the press release is furnished but not filed.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

99.1

Press release of Evercore Inc. dated July 29, 2026.

101 The cover page information is formatted in Inline XBRL

104 Cover Page Interactive Data is formatted in Inline XBRL (and contained in Exhibit 101)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EVERCORE INC.

Date: July 29, 2026 /s/ Tim LaLonde

By: Tim LaLonde

Title: Chief Financial Officer

EX-99.1

Filename: earningsrelease2q26.htm · Sequence: 2

Document

Exhibit 99.1

E V E R C O R E

EVERCORE REPORTS SECOND QUARTER 2026 RESULTS;

QUARTERLY DIVIDEND OF $0.89 PER SHARE

Second Quarter Results Year to Date Results

U.S. GAAP Adjusted U.S. GAAP Adjusted

Q2 2026 Q2 2025 Q2 2026 Q2 2025 YTD 2026 YTD 2025 YTD 2026 YTD 2025

Net Revenues ($ mm) $ 990.2 $ 833.8 $ 999.5 $ 838.9 $ 2,381.8 $ 1,528.7 $ 2,401.0 $ 1,538.8

Operating Income ($ mm) $ 146.6 $ 150.4 $ 189.7 $ 157.1 $ 477.3 $ 261.6 $ 544.2 $ 273.3

Net Income Attributable to Evercore Inc. ($ mm) $ 95.3 $ 97.2 $ 127.1 $ 105.4 $ 396.5 $ 243.4 $ 461.8 $ 260.2

Diluted Earnings Per Share $ 2.32 $ 2.36 $ 2.91 $ 2.42 $ 9.56 $ 5.85 $ 10.48 $ 5.92

Compensation Ratio 64.8 % 65.8 % 63.5 % 65.4 % 64.9 % 66.0 % 63.8 % 65.5 %

Operating Margin 14.8 % 18.0 % 19.0 % 18.7 % 20.0 % 17.1 % 22.7 % 17.8 %

Business and Financial

Highlights g

Record Second Quarter and First Half Net Revenues were $1.0 billion and $2.4 billion, respectively, on both a U.S. GAAP and an Adjusted basis. Second Quarter and First Half 2026 Net Revenues increased 19% and 56%, respectively, on both a U.S. GAAP and an Adjusted basis versus 2025

Second Quarter and First Half Operating Income were $146.6 million and $477.3 million, respectively, on a U.S. GAAP basis and $189.7 million and $544.2 million, respectively, on an Adjusted basis. First Half Operating Margins of 20.0% and 22.7% on a U.S. GAAP and an Adjusted basis, respectively, increased 293 and 490 basis points, respectively, versus 2025

g Our North America Strategic Advisory, Private Funds Group, and Equities businesses each delivered record second quarter revenues, while our Underwriting and Wealth Management businesses each delivered their best quarters on record

g Evercore advised on a number of notable and complex transactions, including:

g Arcosa’s $8.5 billion sale to CRH

g Iridium Communications’s $8.0 billion sale to Rocket Lab

g National Grid’s $1.75 billion investment in Joulent

g Victoria’s Secret on its successful proxy fight against BBRC

g In our Underwriting business, Evercore served as a Lead or Active Bookrunner on a number of notable transactions, including:

g Active bookrunner on Parabilis Medicine’s $771 million IPO, the largest biotechnology IPO of all time

g Lead left bookrunner on Red Cat’s $259 million follow-on offering

g Our Private Funds Group ranked #1 in Private Equity International’s (“PEI”) 2025 Placement Agent Ranking

Talent g As of June 30, 2026, our Investment Banking franchise has 188 Senior Managing Directors (SMDs), inclusive of the recent joiners and commits mentioned below

g Four Investment Banking SMDs have joined Evercore since our last earnings call; Chris Connelly in our Industrials Investment Banking Group, Clay McCoy in Private Capital Advisory, Dennis Cornell in our Private Capital Markets Group and Eric Rabinowitz in our Healthcare Investment Banking Group

g Since our last earnings call, seven additional Investment Banking SMDs have committed to join Evercore, in key areas including Restructuring in the U.S. and Europe, Healthcare, Chemicals and Equity Capital Markets, as well as two new hires based in our Frankfurt office

Capital Return g Quarterly dividend of $0.89 per share

g Returned $822.9 million to shareholders during the first six months of 2026 through dividends and repurchases of 2.3 million shares at an average price of $324.60

NEW YORK, July 29, 2026 – Evercore Inc. (NYSE: EVR) today announced its results for the second quarter ended June 30, 2026.

LEADERSHIP COMMENTARY

John S. Weinberg, Chairman and Chief Executive Officer, "We saw broad-based strength across nearly every business this quarter, reflecting strong client engagement and the benefits of our long-term strategy. We continue to invest in our business and remain focused on creating long-term value for our shareholders."

Roger C. Altman, Founder and Senior Chairman, "We delivered record second quarter revenues, capping off the strongest first half in our history. These results underscore the greater breadth and competitive strength of our Firm."

Evercore's quarterly results may fluctuate significantly due to the timing and amount of transaction fees earned, as well as other factors. Accordingly, financial results in any particular quarter may not be representative of future results over a longer period of time.

Business Segments:

Evercore's business results are categorized into two segments: Investment Banking & Equities and Investment Management. Investment Banking & Equities includes providing advice to clients on mergers, acquisitions, divestitures and other strategic corporate transactions, as well as services related to securities underwriting, private placement services and commissions for agency-based equity trading services and equity research. Investment Management includes Wealth Management and interests in private equity funds which are not managed by the Company, as well as advising third-party investors through affiliates. See pages A-2 to A-8 for further information and reconciliations of these segment results to our U.S. GAAP consolidated results.

Non-GAAP Measures:

Throughout this release certain information is presented on an adjusted basis, which is a non-GAAP measure. Adjusted results begin with information prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"), and then those results are adjusted to exclude certain items and reflect the conversion of certain Evercore LP Units into Class A shares. Evercore believes that the disclosed adjusted measures and any adjustments thereto, when presented in conjunction with comparable U.S. GAAP measures, are useful to investors to compare Evercore's results across several periods and facilitate an understanding of Evercore's operating results. Evercore uses these measures to evaluate its operating performance, as well as the performance of individual employees. These measures should not be considered a substitute for, or superior to, measures of financial performance prepared in accordance with U.S. GAAP.

Evercore's Adjusted Net Income Attributable to Evercore Inc. for the three and six months ended June 30, 2026 was higher than U.S. GAAP principally as a result of the exclusion of the following expenses:

•Acquisition-related compensation charges, reflecting expenses associated with awards granted in conjunction with the Company's acquisition of Robey Warshaw

•Acquisition and Transition Costs, including costs incurred for the impairment of a lease related to the acquisition of Robey Warshaw

•Expenses associated with the amortization of intangible assets and interest cost related to deferred acquisition consideration from the acquisition of Robey Warshaw

•Expense, or reversal of expense, associated with the changes in fair value of contingent consideration issued to the sellers of Robey Warshaw

•Special Charges, Including Business Realignment Costs, reflecting an estimated loss provision for non-U.S. employment taxes for prior periods

Evercore's Adjusted Diluted Shares Outstanding for the three and six months ended June 30, 2026 were higher than U.S. GAAP primarily as a result of the inclusion of Evercore LP Units.

Further details of these adjustments, as well as an explanation of similar amounts for the three and six months ended June 30, 2025 are included in pages A-2 to A-8.

Selected Financial Data – U.S. GAAP Results

The following is a discussion of Evercore's consolidated results on a U.S. GAAP basis. See pages A-4 to A-6 for our business segment results.

Net Revenues

U.S. GAAP

Three Months Ended Six Months Ended

June 30, 2026 June 30, 2025 %

Change June 30, 2026 June 30, 2025 %

Change

(dollars in thousands)

Investment Banking & Equities:

Advisory Fees $ 775,590 $ 697,744 11 % $ 2,020,329 $ 1,255,093 61 %

Underwriting Fees 97,071 32,206 201 % 152,139 86,461 76 %

Commissions and Related Revenue 63,535 58,272 9 % 126,193 113,382 11 %

Investment Management:

Asset Management and Administration Fees 23,655 20,684 14 % 46,298 41,667 11 %

Other Revenue, net 30,348 24,924 22 % 36,818 32,056 15 %

Net Revenues $ 990,199 $ 833,830 19 % $ 2,381,777 $ 1,528,659 56 %

Three Months Ended Six Months Ended

June 30, 2026 June 30, 2025 %

Change June 30, 2026 June 30, 2025 %

Change

Total Number of Fees from Advisory and Underwriting Client Transactions(1)

296 245 21 % 494 386 28 %

Total Number of Fees of at Least $1 million from Advisory and Underwriting Client Transactions(1)

132 111 19 % 280 206 36 %

Total Number of Underwriting Transactions(1)

26 13 100 % 49 27 81 %

Total Number of Underwriting Transactions as a Bookrunner(1)

26 13 100 % 47 25 88 %

1. Includes Equity and Debt Underwriting Transactions.

As of June 30,

2026 2025 %

Change

Assets Under Management ($ mm)(1)

$ 16,225 $ 14,478 12 %

1. Assets Under Management reflect end of period amounts from our consolidated Wealth Management business.

Advisory Fees – Second quarter Advisory Fees increased $77.8 million, or 11%, year-over-year, and year-to-date Advisory Fees increased $765.2 million, or 61%, year-over-year, reflecting an increase in revenue earned from large transactions and an increase in the number of advisory fees earned during 2026.

Underwriting Fees – Second quarter Underwriting Fees increased $64.9 million, or 201%, year-over-year, and year-to-date Underwriting Fees increased $65.7 million, or 76%, year-over-year, reflecting an increase in the number of transactions we participated in during 2026.

Commissions and Related Revenue – Second quarter Commissions and Related Revenue increased $5.3 million, or 9%, year-over-year, and year-to-date Commissions and Related Revenue increased $12.8 million, or 11%, year-over-year, primarily reflecting higher trading commissions driven by increased trading volume during 2026.

Asset Management and Administration Fees – Second quarter Asset Management and Administration Fees increased $3.0 million, or 14%, year-over-year, driven by an increase in fees from Wealth

Management clients, as associated AUM increased 12%, from market appreciation and net inflows. Year-to-date Asset Management and Administration Fees increased $4.6 million, or 11%, year-over-year, driven by an increase in fees from Wealth Management clients, as associated AUM increased 12%, from market appreciation and net inflows.

Other Revenue, net – Second quarter Other Revenue, net, increased $5.4 million, or 22%, year-over-year, primarily reflecting higher performance of our investment funds portfolio, as well as higher interest income resulting from higher average balances in interest-bearing assets, partially offset by an increase in interest expense related to the issuance of new senior notes in July 2025. Year-to-date Other Revenue, net, increased $4.8 million, or 15%, year-over-year, primarily reflecting higher interest income resulting from higher average balances in interest-bearing assets, as well as higher performance of our investment funds portfolio, partially offset by an increase in interest expense related to the issuance of new senior notes in July 2025. The investment funds portfolio is used as an economic hedge against our deferred cash compensation program.

Expenses

U.S. GAAP

Three Months Ended Six Months Ended

June 30, 2026 June 30, 2025 %

Change June 30, 2026 June 30, 2025 %

Change

(dollars in thousands)

Employee Compensation and Benefits $ 641,791 $ 548,611 17 % $ 1,545,861 $ 1,008,436 53 %

Compensation Ratio 64.8 % 65.8 % 64.9 % 66.0 %

Non-Compensation Costs $ 180,517 $ 134,830 34 % $ 337,299 $ 258,650 30 %

Non-Compensation Ratio 18.2 % 16.2 % 14.2 % 16.9 %

Special Charges, Including Business Realignment Costs $ 21,315 $ — NM $ 21,315 $ — NM

Employee Compensation and Benefits – Second quarter Employee Compensation and Benefits increased $93.2 million, or 17%, year-over-year, reflecting a compensation ratio of 64.8% for the second quarter of 2026 versus 65.8% for the prior year period. The increase in Employee Compensation and Benefits compared to the prior year period principally reflects higher amortization of prior period deferred compensation awards, higher base salaries and a higher accrual for incentive compensation. Employee Compensation and Benefits for the second quarter of 2026 also includes $7.1 million of costs related to awards granted in conjunction with the acquisition of Robey Warshaw. The Compensation Ratio was also impacted by higher net revenues, as described above, during the current year period compared to the prior year period. Year-to-date Employee Compensation and Benefits increased $537.4 million, or 53%, year-over-year, reflecting a year-to-date compensation ratio of 64.9% versus 66.0% for the prior year period. The increase in Employee Compensation and Benefits compared to the prior year period principally reflects a higher accrual for incentive compensation, higher base salaries and higher amortization of prior period deferred compensation awards. Employee Compensation and Benefits for 2026 also includes $14.2 million of costs related to awards granted in conjunction with the acquisition of Robey Warshaw. The Compensation Ratio was also impacted by higher net revenues, as described above, during the current year period compared to the prior year period. See "Deferred Compensation" for more information.

Non-Compensation Costs – Second quarter Non-Compensation Costs increased $45.7 million, or 34%, year-over-year, primarily driven by an increase in travel and related expenses, professional fees, technology and information services and other operating expenses. The increase in travel and related expenses is largely due to higher levels of business activity, elevated travel pricing and increased headcount and the increase in other operating expenses is primarily attributable to an increase in the provision for credit losses. The second quarter Non-Compensation ratio of 18.2% increased from 16.2%

compared to the prior year period. The Non-Compensation Ratio was also impacted by higher net revenues, as described above, during the current year period compared to the prior year period. Year-to-date Non-Compensation Costs increased $78.6 million, or 30%, year-over-year, primarily driven by an increase in travel and related expenses, professional fees and technology and information services. The increase in travel and related expenses is largely due to higher levels of business activity, elevated travel pricing and increased headcount and the increase in technology and information services is principally reflecting higher expenses associated with license fees, consulting costs and research services. The year-to-date Non-Compensation ratio of 14.2% decreased from 16.9% compared to the prior year period. The Non-Compensation Ratio was also impacted by higher net revenues, as described above, during the current year period compared to the prior year period.

Special Charges, Including Business Realignment Costs – Second quarter and year-to-date 2026 Special Charges, Including Business Realignment Costs, reflects an estimated loss provision for non-U.S. employment taxes for prior periods. The Company will continue to review its tax position relating to this matter and will adjust this estimate as appropriate in future periods.

Effective Tax Rate

The second quarter effective tax rate was 27.8% versus 29.3% for the prior year period. The decrease principally reflects an increase in the deduction associated with the appreciation in the Firm's share price upon vesting of employee share-based awards above the original grant price. The year-to-date effective tax rate was 10.5% versus 1.0% for the prior year period. The increase is primarily attributable to the increase in pre-tax income, as well as an increase in non-deductible expenses and state and local apportionment adjustments, partially offset by the deduction associated with the appreciation in the Firm's share price upon vesting of employee share-based awards above the original grant price.

Selected Financial Data – Adjusted Results

The following is a discussion of Evercore's consolidated results on an Adjusted basis. See pages 3 and A-2 to A-8 for further information and reconciliations of these metrics to our U.S. GAAP results. See pages A-4 to A-6 for our business segment results.

Adjusted Net Revenues

Adjusted

Three Months Ended Six Months Ended

June 30, 2026 June 30, 2025 %

Change June 30, 2026 June 30, 2025 %

Change

(dollars in thousands)

Investment Banking & Equities:

Advisory Fees(1)

$ 775,608 $ 697,755 11 % $ 2,020,355 $ 1,255,066 61 %

Underwriting Fees 97,071 32,206 201 % 152,139 86,461 76 %

Commissions and Related Revenue 63,535 58,272 9 % 126,193 113,382 11 %

Investment Management:

Asset Management and Administration Fees(2)

24,655 21,488 15 % 48,341 43,388 11 %

Other Revenue, net 38,646 29,134 33 % 54,007 40,459 33 %

Net Revenues $ 999,515 $ 838,855 19 % $ 2,401,035 $ 1,538,756 56 %

1.Advisory Fees on an Adjusted basis reflect the reclassification of earnings (losses) related to our equity method investment in Seneca Evercore of $0.02 million and $0.03 million for the three and six months ended June 30, 2026, respectively, and $0.01 million and ($0.03) million for the three and six months ended June 30, 2025, respectively.

2.Asset Management and Administration Fees on an Adjusted basis reflect the reclassification of earnings related to our equity method investment in Atalanta Sosnoff of $1.0 million and $2.0 million for the three and six months ended June 30, 2026, respectively, and $0.8 million and $1.7 million for the three and six months ended June 30, 2025, respectively.

See page 4 for additional business metrics.

Advisory Fees – Second quarter adjusted Advisory Fees increased $77.9 million, or 11%, year-over-year, and year-to-date adjusted Advisory Fees increased $765.3 million, or 61%, year-over-year, reflecting an increase in revenue earned from large transactions and an increase in the number of advisory fees earned during 2026.

Asset Management and Administration Fees – Second quarter adjusted Asset Management and Administration Fees increased $3.2 million, or 15%, year-over-year, primarily driven by an increase in fees from Wealth Management clients, as associated AUM increased 12%, from market appreciation and net inflows. The increase was also driven by a 24% increase in equity in earnings of affiliates. Year-to-date adjusted Asset Management and Administration Fees increased $5.0 million, or 11%, year-over-year, primarily driven by an increase in fees from Wealth Management clients, as associated AUM increased 12%, from market appreciation and net inflows. The increase was also driven by a 19% increase in equity in earnings of affiliates.

Other Revenue, net – Second quarter adjusted Other Revenue, net, increased $9.5 million, or 33%, year-over-year, primarily reflecting higher performance of our investment funds portfolio, as well as higher

interest income resulting from higher average balances in interest-bearing assets. Year-to-date adjusted Other Revenue, net, increased $13.5 million, or 33%, year-over-year, primarily reflecting higher interest income resulting from higher average balances in interest-bearing assets, as well as higher performance of our investment funds portfolio. The investment funds portfolio is used as an economic hedge against our deferred cash compensation program.

Adjusted Expenses

Adjusted

Three Months Ended Six Months Ended

June 30, 2026 June 30, 2025 %

Change June 30, 2026 June 30, 2025 %

Change

(dollars in thousands)

Employee Compensation and Benefits $ 634,647 $ 548,611 16 % $ 1,531,631 $ 1,008,436 52 %

Compensation Ratio 63.5 % 65.4 % 63.8 % 65.5 %

Non-Compensation Costs $ 175,192 $ 133,193 32 % $ 325,241 $ 257,013 27 %

Non-Compensation Ratio 17.5 % 15.9 % 13.5 % 16.7 %

Employee Compensation and Benefits – Second quarter adjusted Employee Compensation and Benefits increased $86.0 million, or 16%, year-over-year, reflecting an adjusted compensation ratio of 63.5% for the second quarter of 2026 versus 65.4% for the prior year period. The increase in adjusted Employee Compensation and Benefits compared to the prior year period principally reflects higher amortization of prior period deferred compensation awards, higher base salaries and a higher accrual for incentive compensation. The adjusted Compensation Ratio was also impacted by higher net revenues, as described above, during the current year period compared to the prior year period. Year-to-date adjusted Employee Compensation and Benefits increased $523.2 million, or 52%, year-over-year, reflecting a year-to-date adjusted compensation ratio of 63.8% versus 65.5% for the prior year period. The increase in adjusted Employee Compensation and Benefits compared to the prior year period principally reflects a higher accrual for incentive compensation, higher base salaries and higher amortization of prior period deferred compensation awards. The adjusted Compensation Ratio was also impacted by higher net revenues, as described above, during the current year period compared to the prior year period. See "Deferred Compensation" for more information.

Non-Compensation Costs – Second quarter adjusted Non-Compensation Costs increased $42.0 million, or 32%, year-over-year, primarily driven by an increase in travel and related expenses, professional fees, technology and information services and other operating expenses. The increase in travel and related expenses is largely due to higher levels of business activity, elevated travel pricing and increased headcount and the increase in other operating expenses is primarily attributable to an increase in the provision for credit losses. The second quarter adjusted Non-Compensation ratio of 17.5% increased from 15.9% compared to the prior year period. The adjusted Non-Compensation Ratio was also impacted by higher net revenues, as described above, during the current year period compared to the prior year period. Year-to-date adjusted Non-Compensation Costs increased $68.2 million, or 27%, year-over-year, primarily driven by an increase in travel and related expenses, professional fees and technology and information services. The increase in travel and related expenses is largely due to higher levels of business activity, elevated travel pricing and increased headcount and the increase in technology and information services is principally reflecting higher expenses associated with license fees, consulting costs and research services. The year-to-date adjusted Non-Compensation ratio of 13.5% decreased from 16.7% compared to the prior year period. The adjusted Non-Compensation Ratio was also impacted by higher net revenues, as described above, during the current year period compared to the prior year period.

Adjusted Effective Tax Rate

The second quarter adjusted effective tax rate was 29.4% versus 30.0% for the prior year period. The decrease principally reflects an increase in the deduction associated with the appreciation in the Firm's share price upon vesting of employee share-based awards above the original grant price. The year-to-date adjusted effective tax rate was 12.1% versus 0.5% for the prior year period. The increase is primarily attributable to the increase in pre-tax income, as well as an increase in non-deductible expenses and state and local apportionment adjustments, partially offset by the deduction associated with the appreciation in the Firm's share price upon vesting of employee share-based awards above the original grant price.

Liquidity

The Company continues to maintain a strong balance sheet. As of June 30, 2026, cash and cash equivalents were $1.3 billion, investment securities and certificates of deposit were $1.1 billion and current assets exceeded current liabilities by $1.9 billion. Amounts due related to the Notes Payable were $540.0 million at June 30, 2026.

Headcount

As of June 30, 2026 and 2025, the Company employed approximately 2,715 and 2,455 people, respectively, worldwide.

As of June 30, 2026 and 2025, the Company employed 230(1) and 197(2) total Investment Banking & Equities Senior Managing Directors, respectively, of which 188(1) and 159(2), respectively, were Investment Banking Senior Managing Directors.

(1) Senior Managing Director headcount as of June 30, 2026, inclusive of new hires that have joined year-to-date and additionally adjusted to include eight incoming Investment Banking Senior Managing Directors committed to join and to exclude for two known departures.

(2) Senior Managing Director headcount as of June 30, 2025, inclusive of new hires that have joined year-to-date and additionally adjusted to include five incoming Investment Banking Senior Managing Directors committed to join and to exclude for two known departures.

Deferred Compensation

Year-to-date, the Company granted to certain employees 1.7 million unvested restricted stock units ("RSUs") (of which 1.6 million were granted in conjunction with the 2025 bonus awards) with a grant date fair value of $553.0 million.

In addition, year-to-date, the Company granted $100.1 million of deferred cash awards to certain employees, related to our deferred cash compensation program, which were primarily granted in conjunction with the 2025 bonus awards.

The Company recognized compensation expense related to RSUs and our deferred cash compensation program of $174.0 million and $316.3 million for the three and six months ended June 30, 2026, respectively, and $141.8 million and $263.9 million for the three and six months ended June 30, 2025, respectively.

As of June 30, 2026, the Company had 4.4 million unvested RSUs with an aggregate grant date fair value of $1.1 billion. RSUs are expensed over the service period of the award, subject to retirement eligibility, and generally vest over four years.

As of June 30, 2026, the Company expects to pay an aggregate of $318.5 million related to our deferred cash compensation program at various dates through 2030. Amounts due pursuant to this program are expensed over the service period of the award, subject to retirement eligibility, and amounts accrued are reflected in Accrued Compensation and Benefits, a component of current liabilities.

In addition, from time to time, the Company also grants cash and equity-based performance awards to certain employees, the settlement of which is dependent on the performance criteria being achieved.

Capital Return Transactions

On July 28, 2026, the Board of Directors of Evercore declared a quarterly dividend of $0.89 per share to be paid on September 11, 2026 to common stockholders of record on August 28, 2026.

During the second quarter, the Company repurchased 30 thousand shares from employees for the net settlement of stock-based compensation awards at an average price per share of $319.61, and 0.3 million shares at an average price per share of $341.83 pursuant to the Company's share repurchase program. The aggregate 0.3 million shares were acquired at an average price per share of $339.79. Year-to-date, the Company repurchased 1.0 million shares from employees for the net settlement of stock-based compensation awards at an average price per share of $343.89, and 1.3 million shares at an average price per share of $311.03 pursuant to the Company's share repurchase program. The aggregate 2.3 million shares were acquired at an average price per share of $324.60.

Conference Call

Evercore will host a related conference call beginning at 8:00 a.m. Eastern Time, Wednesday, July 29, 2026, accessible via telephone and webcast. Investors and analysts may participate in the live conference call by dialing (833) 419-0865 (toll-free domestic) or (785) 838-9333 (international); passcode: EVRQ226. Please register at least 10 minutes before the conference call begins.

A live audio webcast of the conference call will be available on the Investor Relations section of Evercore’s website at www.evercore.com. The webcast will be archived on Evercore’s website for 30 days.

About Evercore

Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm. We are dedicated to helping our clients achieve superior results through trusted independent and innovative advice on matters of strategic significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure. Evercore also assists clients in raising public and private capital and delivers equity research and equity sales and agency trading execution, in addition to providing wealth and investment management services to high net worth and institutional investors. Founded in 1995, the Firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in the Americas, Europe, the Middle East and Asia. For more information, please visit www.evercore.com.

Investor Contact: Katy Haber

Head of Investor Relations & ESG

InvestorRelations@Evercore.com

Media Contacts: Jamie Easton

Head of Communications & External Affairs

Communications@Evercore.com

FGS Global

Evercoreus@fgsglobal.com

Evercore-europe@fgsglobal.com

Basis of Alternative Financial Statement Presentation

Our Adjusted results are a non-GAAP measure. As discussed further under "Non-GAAP Measures", Evercore believes that the disclosed Adjusted measures and any adjustments thereto, when presented in conjunction with comparable U.S. GAAP measures, are useful to investors to compare Evercore's results across several periods and better reflects how management views its operating results. These measures should not be considered a substitute for, or superior to, measures of financial performance prepared in accordance with U.S. GAAP. A reconciliation of our U.S. GAAP results to Adjusted results is presented in the tables included in the following pages.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect our current views with respect to, among other things, Evercore's operations and financial performance. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "backlog," "believes," "expects," "potential," "probable," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. All statements, other than statements of historical fact, included in this release are forward-looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, and may include projections of our future financial performance based on our growth strategies and anticipated trends in Evercore's business. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Evercore believes these factors include, but are not limited to, those described under "Risk Factors" discussed in Evercore's Annual Report on Form 10-K for the year ended December 31, 2025, subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and Registration Statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release. In addition, new risks and uncertainties emerge from time to time, and it is not possible for Evercore to predict all risks and uncertainties, nor can Evercore assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and Evercore does not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Evercore undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.

EVERCORE INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

THREE AND SIX MONTHS ENDED JUNE 30, 2026 AND 2025

(dollars in thousands, except per share data)

(UNAUDITED)

Three Months Ended June 30, Six Months Ended June 30,

2026 2025 2026 2025

Revenues

Investment Banking & Equities:

Advisory Fees $ 775,590 $ 697,744 $ 2,020,329 $ 1,255,093

Underwriting Fees 97,071 32,206 152,139 86,461

Commissions and Related Revenue 63,535 58,272 126,193 113,382

Asset Management and Administration Fees 23,655 20,684 46,298 41,667

Other Revenue, Including Interest and Investments 38,646 29,134 54,007 40,459

Total Revenues 998,497 838,040 2,398,966 1,537,062

Interest Expense(1)

8,298 4,210 17,189 8,403

Net Revenues 990,199 833,830 2,381,777 1,528,659

Expenses

Employee Compensation and Benefits 641,791 548,611 1,545,861 1,008,436

Occupancy and Equipment Rental 29,726 26,914 56,791 52,645

Professional Fees 33,044 23,133 61,399 45,523

Travel and Related Expenses 35,331 23,984 63,202 46,002

Technology and Information Services 43,961 36,587 84,379 69,954

Depreciation and Amortization 12,577 6,450 25,015 12,426

Execution, Clearing and Custody Fees 3,052 3,180 6,239 6,526

Special Charges, Including Business Realignment Costs 21,315 — 21,315 —

Acquisition and Transition Costs — 1,637 1,800 1,637

Other Operating Expenses 22,826 12,945 38,474 23,937

Total Expenses 843,623 683,441 1,904,475 1,267,086

Income Before Income from Equity Method Investments and Income Taxes 146,576 150,389 477,302 261,573

Income from Equity Method Investments 1,018 815 2,069 1,694

Income Before Income Taxes 147,594 151,204 479,371 263,267

Provision for Income Taxes 41,094 44,265 50,150 2,538

Net Income 106,500 106,939 429,221 260,729

Net Income Attributable to Noncontrolling Interest 11,223 9,738 32,709 17,344

Net Income Attributable to Evercore Inc. $ 95,277 $ 97,201 $ 396,512 $ 243,385

Net Income Attributable to Evercore Inc. Common Shareholders $ 95,277 $ 97,201 $ 396,512 $ 243,385

Weighted Average Shares of Class A Common Stock Outstanding:

Basic 38,631 38,715 38,799 38,717

Diluted 41,134 41,213 41,491 41,636

Net Income Per Share Attributable to Evercore Inc. Common Shareholders:

Basic $ 2.47 $ 2.51 $ 10.22 $ 6.29

Diluted $ 2.32 $ 2.36 $ 9.56 $ 5.85

(1)Includes interest expense on long-term debt, lines of credit and other financing arrangements.

A - 1

Adjusted Results

Throughout the discussion of Evercore's business and elsewhere in this release, information is presented on an Adjusted basis, which is a non-generally accepted accounting principles ("non-GAAP") measure. Adjusted results begin with information prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"), adjusted to exclude certain items and reflect the conversion of certain Evercore LP Units and Unvested Restricted Stock Units into Class A shares. Evercore believes that the disclosed Adjusted measures and any adjustments thereto, when presented in conjunction with comparable U.S. GAAP measures, are useful to investors to compare Evercore's results across several periods and facilitate an understanding of Evercore's operating results. The Company uses these measures to evaluate its operating performance, as well as the performance of individual employees. These measures should not be considered a substitute for, or superior to, measures of financial performance prepared in accordance with U.S. GAAP. These Adjusted amounts are allocated to the Company's two business segments: Investment Banking & Equities and Investment Management. The differences between the Adjusted and U.S. GAAP results are as follows:

–Assumed Exchange of Evercore LP Units into Class A Shares. The Adjusted results assume substantially all Evercore LP Units have been exchanged for Class A shares. Accordingly, the noncontrolling interest related to these units is converted to a controlling interest. The Company's management believes that it is useful to provide the per-share effect associated with the assumed conversion of substantially all of these previously granted equity interests and IPO related restricted stock units, and thus the Adjusted results reflect their exchange into Class A shares.

–Adjustments Associated with Business Combinations and Divestitures. The following charges resulting from business combinations and divestitures have been excluded from the Adjusted results as the Company's Management believes that operating performance is more comparable across periods excluding the effects of these acquisition-related charges:

–Acquisition and Transition Costs. Costs incurred for the impairment of a lease in the first quarter of 2026 related to the acquisition of Robey Warshaw and professional fees incurred in the second quarter of 2025 related to transitioning acquisitions or divestitures.

–Acquisition-related Compensation Charges. Expenses associated with awards granted in conjunction with the Company's acquisition of Robey Warshaw.

–Amortization of Intangible Assets. Amortization of intangible assets from the acquisition of Robey Warshaw.

–Interest Expense. Interest expense accrued for deferred acquisition consideration issued in the acquisition of Robey Warshaw.

–Fair Value of Contingent Consideration. The expense, or reversal of expense, associated with changes in the fair value of contingent consideration issued to the sellers of Robey Warshaw.

–Special Charges, Including Business Realignment Costs. Expenses during 2026 that are excluded from the Adjusted presentation reflect an estimated loss provision for non-U.S. employment taxes for prior periods.

–Income Taxes. Evercore is organized as a series of Limited Liability Companies, Partnerships, C-Corporations and a Public Corporation in the U.S. as the ultimate parent. Certain of the subsidiaries, particularly Evercore LP, have noncontrolling interests held by management or former members of management. As a result, not all of the Company’s income is subject to corporate level taxes and certain other state and local taxes are levied. The assumption in the Adjusted earnings presentation is that substantially all of the noncontrolling interest is eliminated through the exchange of Evercore LP units into Class A common stock of the ultimate parent. As a result, the Adjusted earnings presentation assumes that the allocation of earnings to Evercore LP’s noncontrolling interest holders is substantially eliminated and is therefore subject to statutory tax rates of a C-Corporation under a conventional tax structure in the U.S. and that certain state and local taxes are reduced accordingly.

–Presentation of Interest Expense. The Adjusted results present Adjusted Investment Banking & Equities Operating Income and Adjusted Investment Management Operating Income before interest expense on debt, lines of credit and other financing arrangements, which are included in interest expense on a U.S. GAAP basis.

–Presentation of Income from Equity Method Investments. The Adjusted results present Income from Equity Method Investments within Revenue as the Company's Management believes it is a useful presentation.

A - 2

EVERCORE INC.

U.S. GAAP RECONCILIATION TO ADJUSTED RESULTS

(dollars in thousands, except per share data)

(UNAUDITED)

Three Months Ended Six Months Ended

June 30, 2026 June 30, 2025 June 30, 2026 June 30, 2025

Net Revenues - U.S. GAAP $ 990,199 $ 833,830 $ 2,381,777 $ 1,528,659

Income from Equity Method Investments (1) 1,018 815 2,069 1,694

Interest Expense (2) 8,298 4,210 17,189 8,403

Net Revenues - Adjusted $ 999,515 $ 838,855 $ 2,401,035 $ 1,538,756

Other Revenue, net - U.S. GAAP $ 30,348 $ 24,924 $ 36,818 $ 32,056

Interest Expense (2) 8,298 4,210 17,189 8,403

Other Revenue, net - Adjusted $ 38,646 $ 29,134 $ 54,007 $ 40,459

Compensation Expense - U.S. GAAP $ 641,791 $ 548,611 $ 1,545,861 $ 1,008,436

Acquisition-related Compensation Charges (3) (7,144) — (14,230) —

Compensation Expense - Adjusted $ 634,647 $ 548,611 $ 1,531,631 $ 1,008,436

Operating Income - U.S. GAAP $ 146,576 $ 150,389 $ 477,302 $ 261,573

Income from Equity Method Investments (1) 1,018 815 2,069 1,694

Pre-Tax Income - U.S. GAAP 147,594 151,204 479,371 263,267

Interest Expense (2) 1,413 — 2,833 —

Acquisition-related Compensation Charges (3) 7,144 — 14,230 —

Special Charges, Including Business Realignment Costs (4) 21,315 — 21,315 —

Intangible Asset Amortization (5a) 3,712 — 7,442 —

Acquisition and Transition Costs (5b) — 1,637 1,800 1,637

Fair Value of Contingent Consideration (5c) 1,613 — 2,816 —

Pre-Tax Income - Adjusted 182,791 152,841 529,807 264,904

Interest Expense (2) 6,885 4,210 14,356 8,403

Operating Income - Adjusted $ 189,676 $ 157,051 $ 544,163 $ 273,307

Provision for Income Taxes - U.S. GAAP $ 41,094 $ 44,265 $ 50,150 $ 2,538

Income Taxes (6) 12,638 1,615 14,047 (1,197)

Provision for Income Taxes - Adjusted $ 53,732 $ 45,880 $ 64,197 $ 1,341

Net Income Attributable to Evercore Inc. - U.S. GAAP $ 95,277 $ 97,201 $ 396,512 $ 243,385

Interest Expense (2) 1,413 — 2,833 —

Acquisition-related Compensation Charges (3) 7,144 — 14,230 —

Special Charges, Including Business Realignment Costs (4) 21,315 — 21,315 —

Intangible Asset Amortization (5a) 3,712 — 7,442 —

Acquisition and Transition Costs (5b) — 1,637 1,800 1,637

Fair Value of Contingent Consideration (5c) 1,613 — 2,816 —

Income Taxes (6) (12,638) (1,615) (14,047) 1,197

Noncontrolling Interest (7) 9,220 8,147 28,894 13,954

Net Income Attributable to Evercore Inc. - Adjusted $ 127,056 $ 105,370 $ 461,795 $ 260,173

Diluted Shares Outstanding - U.S. GAAP 41,134 41,213 41,491 41,636

LP Units (8) 2,564 2,321 2,572 2,323

Unvested Restricted Stock Units - Event Based (8) 12 12 12 12

Diluted Shares Outstanding - Adjusted 43,710 43,546 44,075 43,971

Key Metrics: (a)

Diluted Earnings Per Share - U.S. GAAP $ 2.32 $ 2.36 $ 9.56 $ 5.85

Diluted Earnings Per Share - Adjusted $ 2.91 $ 2.42 $ 10.48 $ 5.92

Compensation Ratio - U.S. GAAP 64.8 % 65.8 % 64.9 % 66.0 %

Compensation Ratio - Adjusted 63.5 % 65.4 % 63.8 % 65.5 %

Operating Margin - U.S. GAAP 14.8 % 18.0 % 20.0 % 17.1 %

Operating Margin - Adjusted 19.0 % 18.7 % 22.7 % 17.8 %

Effective Tax Rate - U.S. GAAP 27.8 % 29.3 % 10.5 % 1.0 %

Effective Tax Rate - Adjusted 29.4 % 30.0 % 12.1 % 0.5 %

(a) Reconciliations of the key metrics from U.S. GAAP to Adjusted results are a derivative of the reconciliations of their components above.

A - 3

EVERCORE INC.

U.S. GAAP SEGMENT RECONCILIATION TO ADJUSTED RESULTS

FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026

(dollars in thousands)

(UNAUDITED)

Investment Banking & Equities Segment

Three Months Ended June 30, 2026 Six Months Ended June 30, 2026

U.S. GAAP Basis Adjustments Non-GAAP Adjusted Basis U.S. GAAP Basis Adjustments Non-GAAP Adjusted Basis

Net Revenues:

Investment Banking & Equities:

Advisory Fees $ 775,590 $ 18 (1) $ 775,608 $ 2,020,329 $ 26 (1) $ 2,020,355

Underwriting Fees 97,071 — 97,071 152,139 — 152,139

Commissions and Related Revenue 63,535 — 63,535 126,193 — 126,193

Other Revenue, net 30,681 8,096 (2) 38,777 36,966 16,874 (2) 53,840

Net Revenues 966,877 8,114 974,991 2,335,627 16,900 2,352,527

Expenses:

Employee Compensation and Benefits 627,299 (7,144) (3) 620,155 1,516,453 (14,230) (3) 1,502,223

Non-Compensation Costs 175,789 (5,325) (5) 170,464 328,445 (12,058) (5) 316,387

Special Charges, Including Business Realignment Costs 21,315 (21,315) (4) — 21,315 (21,315) (4) —

Total Expenses 824,403 (33,784) 790,619 1,866,213 (47,603) 1,818,610

Operating Income (a) $ 142,474 $ 41,898 $ 184,372 $ 469,414 $ 64,503 $ 533,917

Compensation Ratio (b) 64.9 % 63.6 % 64.9 % 63.9 %

Operating Margin (b) 14.7 % 18.9 % 20.1 % 22.7 %

Investment Management Segment

Three Months Ended June 30, 2026 Six Months Ended June 30, 2026

U.S. GAAP Basis Adjustments Non-GAAP Adjusted Basis U.S. GAAP Basis Adjustments Non-GAAP Adjusted Basis

Net Revenues:

Asset Management and Administration Fees $ 23,655 $ 1,000 (1) $ 24,655 $ 46,298 $ 2,043 (1) $ 48,341

Other Revenue, net (333) 202 (2) (131) (148) 315 (2) 167

Net Revenues 23,322 1,202 24,524 46,150 2,358 48,508

Expenses:

Employee Compensation and Benefits 14,492 — 14,492 29,408 — 29,408

Non-Compensation Costs 4,728 — 4,728 8,854 — 8,854

Total Expenses 19,220 — 19,220 38,262 — 38,262

Operating Income (a) $ 4,102 $ 1,202 $ 5,304 $ 7,888 $ 2,358 $ 10,246

Compensation Ratio (b) 62.1 % 59.1 % 63.7 % 60.6 %

Operating Margin (b) 17.6 % 21.6 % 17.1 % 21.1 %

(a) Operating Income for U.S. GAAP excludes Income (Loss) from Equity Method Investments.

(b) Reconciliations of the key metrics from U.S. GAAP to Adjusted results are a derivative of the reconciliations of their components above.

A - 4

EVERCORE INC.

U.S. GAAP SEGMENT RECONCILIATION TO ADJUSTED RESULTS

FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025

(dollars in thousands)

(UNAUDITED)

Investment Banking & Equities Segment

Three Months Ended June 30, 2025 Six Months Ended June 30, 2025

U.S. GAAP Basis Adjustments Non-GAAP Adjusted Basis U.S. GAAP Basis Adjustments Non-GAAP Adjusted Basis

Net Revenues:

Investment Banking & Equities:

Advisory Fees $ 697,744 $ 11 (1) $ 697,755 $ 1,255,093 $ (27) (1) $ 1,255,066

Underwriting Fees 32,206 — 32,206 86,461 — 86,461

Commissions and Related Revenue 58,272 — 58,272 113,382 — 113,382

Other Revenue, net 23,949 4,210 (2) 28,159 31,767 8,403 (2) 40,170

Net Revenues 812,171 4,221 816,392 1,486,703 8,376 1,495,079

Expenses:

Employee Compensation and Benefits 535,447 — 535,447 983,476 — 983,476

Non-Compensation Costs 130,773 (1,637) (5) 129,136 250,547 (1,637) (5) 248,910

Total Expenses 666,220 (1,637) 664,583 1,234,023 (1,637) 1,232,386

Operating Income (a) $ 145,951 $ 5,858 $ 151,809 $ 252,680 $ 10,013 $ 262,693

Compensation Ratio (b) 65.9 % 65.6 % 66.2 % 65.8 %

Operating Margin (b) 18.0 % 18.6 % 17.0 % 17.6 %

Investment Management Segment

Three Months Ended June 30, 2025 Six Months Ended June 30, 2025

U.S. GAAP Basis Adjustments Non-GAAP Adjusted Basis U.S. GAAP Basis Adjustments Non-GAAP Adjusted Basis

Net Revenues:

Asset Management and Administration Fees $ 20,684 $ 804 (1) $ 21,488 $ 41,667 $ 1,721 (1) $ 43,388

Other Revenue, net 975 — 975 289 — 289

Net Revenues 21,659 804 22,463 41,956 1,721 43,677

Expenses:

Employee Compensation and Benefits 13,164 — 13,164 24,960 — 24,960

Non-Compensation Costs 4,057 — 4,057 8,103 — 8,103

Total Expenses 17,221 — 17,221 33,063 — 33,063

Operating Income (a) $ 4,438 $ 804 $ 5,242 $ 8,893 $ 1,721 $ 10,614

Compensation Ratio (b) 60.8 % 58.6 % 59.5 % 57.1 %

Operating Margin (b) 20.5 % 23.3 % 21.2 % 24.3 %

(a) Operating Income for U.S. GAAP excludes Income (Loss) from Equity Method Investments.

(b) Reconciliations of the key metrics from U.S. GAAP to Adjusted results are a derivative of the reconciliations of their components above.

A - 5

EVERCORE INC.

U.S. GAAP SEGMENT AND CONSOLIDATED RESULTS

(dollars in thousands)

(UNAUDITED)

U.S. GAAP

Three Months Ended June 30, Six Months Ended June 30,

2026 2025 2026 2025

Investment Banking & Equities

Net Revenues:

Investment Banking & Equities:

Advisory Fees $ 775,590 $ 697,744 $ 2,020,329 $ 1,255,093

Underwriting Fees 97,071 32,206 152,139 86,461

Commissions and Related Revenue 63,535 58,272 126,193 113,382

Other Revenue, net 30,681 23,949 36,966 31,767

Net Revenues 966,877 812,171 2,335,627 1,486,703

Expenses:

Employee Compensation and Benefits 627,299 535,447 1,516,453 983,476

Non-Compensation Costs 175,789 130,773 328,445 250,547

Special Charges, Including Business Realignment Costs 21,315 — 21,315 —

Total Expenses 824,403 666,220 1,866,213 1,234,023

Operating Income (a) $ 142,474 $ 145,951 $ 469,414 $ 252,680

Investment Management

Net Revenues:

Asset Management and Administration Fees $ 23,655 $ 20,684 $ 46,298 $ 41,667

Other Revenue, net (333) 975 (148) 289

Net Revenues 23,322 21,659 46,150 41,956

Expenses:

Employee Compensation and Benefits 14,492 13,164 29,408 24,960

Non-Compensation Costs 4,728 4,057 8,854 8,103

Total Expenses 19,220 17,221 38,262 33,063

Operating Income (a) $ 4,102 $ 4,438 $ 7,888 $ 8,893

Total

Net Revenues:

Investment Banking & Equities:

Advisory Fees $ 775,590 $ 697,744 $ 2,020,329 $ 1,255,093

Underwriting Fees 97,071 32,206 152,139 86,461

Commissions and Related Revenue 63,535 58,272 126,193 113,382

Asset Management and Administration Fees 23,655 20,684 46,298 41,667

Other Revenue, net 30,348 24,924 36,818 32,056

Net Revenues 990,199 833,830 2,381,777 1,528,659

Expenses:

Employee Compensation and Benefits 641,791 548,611 1,545,861 1,008,436

Non-Compensation Costs 180,517 134,830 337,299 258,650

Special Charges, Including Business Realignment Costs 21,315 — 21,315 —

Total Expenses 843,623 683,441 1,904,475 1,267,086

Operating Income (a) $ 146,576 $ 150,389 $ 477,302 $ 261,573

(a) Operating Income excludes Income (Loss) from Equity Method Investments.

A - 6

EVERCORE INC.

U.S. GAAP RECONCILIATION TO ADJUSTED NON-COMPENSATION COSTS

(dollars in thousands)

(UNAUDITED)

Three Months Ended June 30, 2026

U.S. GAAP Adjustments Adjusted

(dollars in thousands)

Occupancy and Equipment Rental $ 29,726 $ — $ 29,726

Professional Fees 33,044 — 33,044

Travel and Related Expenses 35,331 — 35,331

Technology and Information Services 43,961 — 43,961

Depreciation and Amortization 12,577 (3,712) (5a) 8,865

Execution, Clearing and Custody Fees 3,052 — 3,052

Other Operating Expenses 22,826 (1,613) (5c) 21,213

Total Non-Compensation Costs $ 180,517 $ (5,325) $ 175,192

Three Months Ended June 30, 2025

U.S. GAAP Adjustments Adjusted

(dollars in thousands)

Occupancy and Equipment Rental $ 26,914 $ — $ 26,914

Professional Fees 23,133 — 23,133

Travel and Related Expenses 23,984 — 23,984

Technology and Information Services 36,587 — 36,587

Depreciation and Amortization 6,450 — 6,450

Execution, Clearing and Custody Fees 3,180 — 3,180

Acquisition and Transition Costs 1,637 (1,637) (5b) —

Other Operating Expenses 12,945 — 12,945

Total Non-Compensation Costs $ 134,830 $ (1,637) $ 133,193

Six Months Ended June 30, 2026

U.S. GAAP Adjustments Adjusted

(dollars in thousands)

Occupancy and Equipment Rental $ 56,791 $ — $ 56,791

Professional Fees 61,399 — 61,399

Travel and Related Expenses 63,202 — 63,202

Technology and Information Services 84,379 — 84,379

Depreciation and Amortization 25,015 (7,442) (5a) 17,573

Execution, Clearing and Custody Fees 6,239 — 6,239

Acquisition and Transition Costs 1,800 (1,800) (5b) —

Other Operating Expenses 38,474 (2,816) (5c) 35,658

Total Non-Compensation Costs $ 337,299 $ (12,058) $ 325,241

Six Months Ended June 30, 2025

U.S. GAAP Adjustments Adjusted

(dollars in thousands)

Occupancy and Equipment Rental $ 52,645 $ — $ 52,645

Professional Fees 45,523 — 45,523

Travel and Related Expenses 46,002 — 46,002

Technology and Information Services 69,954 — 69,954

Depreciation and Amortization 12,426 — 12,426

Execution, Clearing and Custody Fees 6,526 — 6,526

Acquisition and Transition Costs 1,637 (1,637) (5b) —

Other Operating Expenses 23,937 — 23,937

Total Non-Compensation Costs $ 258,650 $ (1,637) $ 257,013

A - 7

Notes to Unaudited Condensed Consolidated Adjusted Financial Data

For further information on these adjustments, see page A-2.

(1)Income (Loss) from Equity Method Investments has been reclassified to Revenue in the Adjusted presentation.

(2)Interest Expense on Debt, Lines of Credit and Other Financing Arrangements is excluded from Net Revenues and presented below Operating Income in the Adjusted results and is included in Interest Expense on a U.S. GAAP basis. The Adjusted results also reflect the reduction of interest expense accrued for deferred acquisition consideration issued in the acquisition of Robey Warshaw.

(3)Expenses associated with awards granted in conjunction with the Company's acquisition of Robey Warshaw are excluded from the Adjusted presentation.

(4)Expenses during 2026 that are excluded from the Adjusted presentation reflect an estimated loss provision for non-U.S. employment taxes for prior periods.

(5)Non-Compensation Costs on an Adjusted basis reflect the following adjustments:

(5a)The exclusion from the Adjusted presentation of expenses associated with the amortization of intangible assets from the acquisition of Robey Warshaw.

(5b)The exclusion from the Adjusted presentation of costs incurred for the impairment of a lease in the first quarter of 2026 related to the acquisition of Robey Warshaw and professional fees incurred in the second quarter of 2025 related to transitioning acquisitions or divestitures.

(5c)The exclusion from the Adjusted presentation of the expense, or reversal of expense, associated with the changes in fair value of contingent consideration issued to the sellers of Robey Warshaw.

(6)Evercore is organized as a series of Limited Liability Companies, Partnerships, C-Corporations and a Public Corporation in the U.S. as the ultimate parent. Certain of the subsidiaries, particularly Evercore LP, have noncontrolling interests held by management or former members of management. As a result, not all of the Company’s income is subject to corporate level taxes and certain other state and local taxes are levied. The assumption in the Adjusted earnings presentation is that substantially all of the noncontrolling interest is eliminated through the exchange of Evercore LP units into Class A common stock of the ultimate parent. As a result, the Adjusted earnings presentation assumes that the allocation of earnings to Evercore LP’s noncontrolling interest holders is substantially eliminated and is therefore subject to statutory tax rates of a C-Corporation under a conventional tax structure in the U.S. and that certain state and local taxes are reduced accordingly.

(7)Reflects an adjustment to eliminate noncontrolling interest related to substantially all Evercore LP partnership units which are assumed to be converted to Class A common stock in the Adjusted presentation.

(8)Assumes the exchange into Class A shares of substantially all Evercore LP Units and IPO related restricted stock unit awards in the Adjusted presentation. In the computation of outstanding common stock equivalents for U.S. GAAP net income per share, the Evercore LP Units are anti-dilutive.

A - 8

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 7

v3.26.1

Document and Entity Information Document

Jul. 29, 2026

Document and Entity Information [Abstract]

Document Type

8-K

Document Period End Date

Jul. 29, 2026

Entity Registrant Name

EVERCORE INC.

Entity Incorporation, State or Country Code

Entity File Number

001-32975

Entity Tax Identification Number

20-4748747

Entity Address, Address Line One

55 East 52nd Street

Entity Address, City or Town

New York,

Entity Address, State or Province

Entity Address, Postal Zip Code

10055

City Area Code

212

Local Phone Number

857-3100

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Class A Common Stock, par value $0.01 per share

Trading Symbol

EVR

Security Exchange Name

NYSE

Entity Emerging Growth Company

false

Entity Central Index Key

0001360901

Amendment Flag

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Document and Entity Information [Abstract]

+ References

No definition available.

+ Details

Name:

evr_DocumentandEntityInformationAbstract

Namespace Prefix:

evr_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration