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Consolidated Statements of Financial Condition

In millions of USD, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Assets
Cash and cash equivalents
Consolidated Entity, Excluding VIE
Variable Interest Entity, Not Primary Beneficiary
Total cash and cash equivalents
Restricted cash
Due from affiliates
Total due from affiliates
Investments (includes assets pledged of $— and $603,322 as of June 30, 2026 and December 31, 2025, respectively
Total investments (includes assets pledged of $— and $603,322 as of June 30, 2026 and December 31, 2025, respectively
Intangible assets, net
Goodwill
Right-of-use assets
Deferred tax assets
Other assets
Consolidated Entity, Excluding VIE
Variable Interest Entity, Not Primary Beneficiary
Total other assets
Assets held in Trust Accounts
Total assets
Liabilities and Equity
Liabilities
Accounts payable and accrued expenses
Due to affiliates
Total due to affiliates
Debt obligations
Accrued performance allocation compensation
Operating lease liabilities
Consolidated Entity, Excluding VIE
Total operating lease liabilities
Other liabilities
Consolidated Entity, Excluding VIE
Variable Interest Entity, Not Primary Beneficiary
Total other liabilities
Derivative liabilities
Variable Interest Entity, Not Primary Beneficiary
Deferred underwriting
Total liabilities
Redeemable equity attributable to consolidated Public SPACs
Equity
Common stock, value, issued
Class A Common Stock
Class B Common Stock
Preferred stock, $0.001 par value, 25,000,000 shares authorized (0 issued and outstanding as of June 30, 2026 and December 31, 2025)
Additional paid-in-capital
Accumulated deficit
Accumulated other comprehensive income, net of tax
Non-controlling interests
Total equity
Total liabilities and equity

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