Jefferies Financial (JEF) Gross Margin (2009 - 2026)
Jefferies Financial (JEF) posted Gross Margin of 98.96% for Q1 2026, up 2.52% quarter-over-quarter from 96.52% in Q4 2025, and up 157.0% year-on-year from 38.51% in Q1 2025.
Jefferies Financial (JEF) Gross Margin (2009 - 2026) Analysis & Trends
Jefferies Financial (JEF) has reported Gross Margin for 18 consecutive years, with 98.96% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 98.96%, up 157.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 98.11% (up 57.0% YoY), and the FY2025 annual result was 97.4%, up 33.0% from the prior year.
- Gross Margin was 98.96% for Q1 2026 at Jefferies Financial, up from 96.52% in the prior quarter.
- Over five years, Gross Margin peaked at 99.88% in Q1 2023 and troughed at 91.83% in Q2 2022.
- Average Gross Margin over 5 years is 97.22%, with a median of 98.01% recorded in 2024.
- Year-over-year, Gross Margin surged 803 bps in 2023 and tumbled 300 bps in 2024.
- Over 5 years, Gross Margin stood at 96.5% in 2022, then gained by 2 bps to 98.05% in 2023, then retreated by 3 bps to 95.06% in 2024, then advanced by 2 bps to 96.52% in 2025, then gained by 3 bps to 98.96% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 98.96% in Q1 2026, 96.52% in Q4 2025, and 98.82% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 206.12% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 89.97% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 84.10% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 99.97% |
| 10 | Jefferies Financial | 11.06 Bn | -848.67 Mn | 2.84 Bn | 98.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 98.96% |
| Nov 30, 2025 | 96.52% |
| Aug 31, 2025 | 98.82% |
| May 31, 2025 | 97.37% |
| Feb 28, 2025 | 97.39% |
| Nov 30, 2024 | 95.06% |
| Aug 31, 2024 | 98.56% |
| May 31, 2024 | 98.51% |
| Feb 29, 2024 | 98.01% |
| Nov 30, 2023 | 98.05% |
| Aug 31, 2023 | 99.86% |
| May 31, 2023 | 99.86% |
| Feb 28, 2023 | 99.88% |
| Nov 30, 2022 | 96.50% |
| Aug 31, 2022 | 93.26% |
| May 31, 2022 | 91.83% |
| Feb 28, 2022 | 94.35% |
| Nov 30, 2021 | 92.03% |
| Aug 31, 2021 | 92.92% |
| May 31, 2021 | 92.63% |