Jefferies Financial JEF
NYSE JEF
$51.95 -2.01 (-3.72%)
At close: Sep 11, 2026 · 4:00 PM EDT

Jefferies Financial (JEF) Cost of Revenue (2009 - 2026)

Jefferies Financial's (JEF) quarterly Cost of Revenue came in at $31.3 million in Q2 2026, down 27.25% on a YoY basis from $43.0 million in Q2 2025, and up 4.46% quarter-over-quarter from $29.9 million in Q1 2026.

Analysis

Jefferies Financial (JEF) Cost of Revenue (2009 - 2026) Analysis & Trends

Jefferies Financial (JEF) has reported Cost of Revenue for 18 consecutive years, with $31.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue fell 27.25% year-over-year to $31.3 million; the trailing twelve-month figure through May 2026 stood at $167.6 million (down 23.37% YoY), and the FY2025 full-year result was $190.9 million, down 7.44% from the prior year.
  • Cost of Revenue grew to $31.3 million in Q2 2026 per JEF's latest filing, from $29.9 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $130.4 million in Q2 2022 and bottomed at $1.6 million in Q3 2023.
  • Historically, Cost of Revenue has averaged $51.6 million across 5 years, with a median of $37.4 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue tumbled 98.69% in 2023, then soared 2211.5% in 2024.
  • Over 5 years, Cost of Revenue stood at $91.3 million in 2022, then plunged by 74.49% to $23.3 million in 2023, then surged by 315.47% to $96.8 million in 2024, then fell by 25.61% to $72.0 million in 2025, then slumped by 56.58% to $31.3 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $31.3 million, $29.9 million, and $72.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Evercore 10.86 Bn 8.78 Bn 975.67 Mn 22.83 Mn
2 Jefferies Financial 10.57 Bn -4.84 Bn 3.09 Bn 31.25 Mn
3 Houlihan Lokey 9.50 Bn 8.42 Bn - -
4 Cluster Group Holdings 8.00 Bn 8.00 Bn - -
5 PJT Partners 6.20 Bn 6.25 Bn 481.98 Mn 4.31 Mn
6 Moelis 5.63 Bn 5.55 Bn - -
7 Piper Sandler Companies 5.16 Bn 5.05 Bn - -
8 Lazard 4.55 Bn 3.56 Bn - -
9 BRBI BR Partners 3.52 Bn 3.41 Bn 16.77 Mn 205,480.60
10 Perella Weinberg Partners 1.60 Bn 1.79 Bn - -
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 31.25 Mn
Feb 28, 2026 29.92 Mn
Nov 30, 2025 71.98 Mn
Aug 31, 2025 34.43 Mn
May 31, 2025 42.96 Mn
Feb 28, 2025 41.57 Mn
Nov 30, 2024 96.75 Mn
Aug 31, 2024 37.40 Mn
May 31, 2024 37.46 Mn
Feb 29, 2024 34.67 Mn
Nov 30, 2023 23.29 Mn
Aug 31, 2023 1.62 Mn
May 31, 2023 2.36 Mn
Feb 28, 2023 2.17 Mn
Nov 30, 2022 91.28 Mn
Aug 31, 2022 123.44 Mn
May 31, 2022 130.45 Mn
Feb 28, 2022 95.67 Mn
Nov 30, 2021 79.95 Mn
Aug 31, 2021 151.51 Mn