Snapshot
Evercore Inc. reported $809M of revenue in Q2 2025, up 20.4% year over year, with diluted EPS of $2.36 and an operating margin of 19.1%.
- Revenue
- $809M
- YoY growth
- +20.4%
- Diluted EPS
- $2.36
- Operating margin
- 19.1%
$809M
Revenue
+20.4%
YoY growth
$2.36
Diluted EPS
19.1%
Operating margin
01 Key takeaways
What management said
- •For 30 years, Evercore has been committed to delivering for clients by expanding our capabilities and talent each and every year, building a firm grounded in excellence and long-term high-quality growth.
- •This acquisition continues that approach, enhancing our ability to create value for all of our stakeholders.
- •As you have seen, we've been accelerating our growth in AMEA in recent years, including key additions in France, Spain, and most recently, Italy.
- •In the first half of 2025, Evercore generated over $1.5 billion in adjusted net revenues, a 20% increase compared to the same period a year ago.
- •These results represent record revenues for both second quarter and first half.
- •Since our last earnings call, four senior managing directors have joined our investment banking practice in private capital advisory, healthcare, industrials, and in Italy.
- •As noted earlier, we delivered strong year-over-year growth across our diversified mix of businesses in both the second quarter and the first half.
- •Our European business saw growth in the quarter with an increase in activity across most sectors and products, and momentum for deal activity in the region continues to build.
- •Our industry-leading private capital advisory business delivered a record first half and second quarter, driven by unprecedented volumes in GP-led continuation funds, LP secondaries, and securitizations.
- •We expect it to be accretive to Evercore's adjusted and GAAP EPS in our first full year together and thereafter.
- •Net revenues, operating income, and EPS on a GAAP basis were $834 million, $150 million, and $2.36 per share, respectively.
- •Adjusted earnings per share of $2.42 increased 34% versus the second quarter of last year.
SourcesCompany financials · earnings call
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