Jefferies Financial Group Inc. income statement
In fiscal 2025, Jefferies Financial Group Inc. reported revenue of $10.82bn, up 2.9% on the year before and net income of $631m, or $2.83 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2008 | 2010Dec 2009 | 2011Dec 2010 | 2012Dec 2011 | 2013Dec 2012 | 2014Dec 2013 | 2015Dec 2014 | 2016Dec 2015 | 2017Nov 2017 | 2018Nov 2018 | 2019Nov 2019 | 2020Nov 2020 | 2021Nov 2021 | 2022Nov 2022 | 2023Nov 2023 | 2024Nov 2024 | 2025Nov 2025 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.5 | 0.6 | 1.2 | 0.6 | 9.4 | 11.0 | 12.3 | 11.7 | 4.0 | 5.0 | 5.4 | 6.9 | 8.9 | 7.1 | 7.4 | 10.5 | 10.8 | 12.2 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | 0.3 | 0.3 | 0.3 | 0.5 | 0.4 | 0.0 | 0.2 | 0.2 | 0.2 |
| Gross profit | — | — | — | — | — | — | — | — | — | 4.7 | 5.0 | 6.5 | 8.5 | 6.7 | 7.4 | 10.3 | 10.6 | 12.0 |
| Research and development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| General and administrative | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.7 | 0.8 | 0.8 | — | 1.0 | 1.0 | 0.0 | 0.0 | — | — | — | — | — |
| Operating income | −0.4 | −0.3 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | — | 0.1 | 0.1 | 1.0 | 0.9 | 1.2 | 2.7 | — | — | — |
| Non-interest expense | — | — | — | — | — | — | — | — | — | — | — | 4.8 | 5.8 | 4.9 | 4.3 | 6.0 | 6.5 | 7.4 |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | — | — | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 |
| Income before tax | −2.0 | −0.3 | — | 0.1 | 1.4 | 0.5 | 0.4 | 0.4 | 0.6 | 0.3 | 0.5 | 1.1 | 2.3 | 1.1 | 0.4 | 1.0 | 0.9 | 1.1 |
| Income tax | 1.7 | 0.0 | −1.1 | 0.1 | 0.5 | 0.1 | 0.2 | 0.1 | 0.2 | 0.0 | −0.5 | 0.3 | 0.6 | 0.3 | 0.1 | 0.3 | 0.2 | 0.2 |
| Net income | −2.5 | 0.6 | 1.9 | 0.0 | 0.9 | 0.4 | 0.2 | 0.3 | 0.6 | 1.0 | 1.0 | 0.8 | 1.7 | 0.8 | 0.3 | 0.7 | 0.6 | 0.9 |
| Diluted EPS | −$11.00 | $2.25 | $7.85 | $0.10 | $3.44 | $1.06 | $0.54 | $0.74 | $1.63 | $2.90 | $3.03 | $2.65 | $6.13 | $3.06 | $1.10 | $2.99 | $2.83 | — |
| Diluted shares (average) | 230m | 248m | 248m | 245m | 249m | 348m | 373m | 372m | — | 351m | 317m | 290m | 272m | 256m | 237m | 224m | 223m | — |
| EBITDA | −0.3 | −0.2 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q4Nov 2024 | 2025 Q1Feb 2025 | 2025 Q2May 2025 | 2025 Q3Aug 2025 | 2025 Q4Nov 2025 | 2026 Q1Feb 2026 | 2026 Q2May 2026 | 2026 Q3Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,851 | 2,473 | 2,494 | 2,908 | 2,949 | 2,871 | 3,118 | 3,231 |
| Cost of revenue | 97 | 42 | 43 | 34 | 72 | 30 | 31 | 23 |
| Gross profit | 2,754 | 2,431 | 2,451 | 2,873 | 2,877 | 2,841 | 3,087 | 3,208 |
| Non-interest expense | 1,652 | 1,442 | 1,500 | 1,716 | 1,816 | 1,805 | 1,891 | 1,871 |
| Provision for credit losses | 4 | 7 | 6 | 3 | 7 | 14 | 10 | 6 |
| Income before tax | 305 | 151 | 135 | 332 | 253 | 212 | 316 | 351 |
| Income tax | 86 | 14 | 44 | 89 | 38 | 53 | 66 | 63 |
| Net income | 207 | 128 | 88 | 224 | 191 | 159 | 250 | 288 |
| Diluted EPS | $0.93 | $0.57 | $0.40 | $1.01 | $0.85 | $0.70 | — | — |
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