PERSHING SQUARE HOLDCO, L.P.

Pershing Square Inc. (PS Inc.) reported a net loss of $190.3 million, or $(0.48) per share, for the six months ended June 30, 2026, a significant decline from a net income of $43.4 million in the prior year period. This period followed the company's corporate conversion from Pershing Square Holdco, L.P. and its initial public offering (IPO) on April 30, 2026. Total revenue increased to $111.7 million, but total expenses surged to $196.7 million, contributing to the loss.

Pershing Square Inc. reported its second quarter 2026 financial results, with net income attributable to the company reaching $1,050.5 million and diluted earnings per share of $5.25. Total revenues for the quarter were $1,061.6 million. The company also announced a dividend payment of $0.122 per common share on July 21, 2026. Assets Under Management (AUM) were $16.9 billion and Fee-Paying AUM (FPAUM) were $14.2 billion as of June 30, 2026. An investor call and a live X Spaces Q&A with CEO Bill Ackman and CIO Ryan Israel are scheduled for August 13, 2026.

Pershing Square Holdco, L.P. reported a net loss of $147.6 million for the first quarter of 2026, primarily driven by a $148.6 million unrealized loss on its investment in Howard Hughes Holdings Inc. Despite the loss, total revenue increased to $57.5 million. The company also noted significant corporate actions post-quarter end, including its conversion to Pershing Square Inc. on April 28, 2026, and the completion of Pershing Square USA, Ltd.'s initial public offering on April 30, 2026.

Pershing Square Inc. has released its financial supplement for the first quarter ended March 31, 2026, and the month ended April 30, 2026. The supplement provides key operating metrics, fee-related earnings (FRE), and distributable earnings (DE). Notably, the company is including monthly data for April due to the recent completion of its combined initial public offering and distribution on April 30, 2026. Total Assets Under Management (AUM) stood at $33.016 billion as of April 30, 2026, with Fee-Paying AUM at $23.276 billion.

Pershing Square Inc., in connection with its initial public offering, entered into a Credit Agreement for $350 million, comprising a $250 million revolving facility and a $100 million term loan facility. Proceeds from these facilities were used to finance an additional investment in Pershing Square USA, Ltd. The company also completed a private placement of 16,643,862 shares of Common Stock and adopted its 2026 Equity Incentive Plan. Additionally, several registration rights agreements were established to facilitate future liquidity.