Jefferies Financial (JEF) Gross Margin (2009 - 2026)

Jefferies Financial (JEF) has reported Gross Margin for 18 consecutive years, with 99.0% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Gross Margin rose 72.0% year-over-year to 99.0%; the trailing twelve-month figure through May 2026 stood at 98.59% (up 69.0% YoY), and the FY2025 full-year result was 98.24%, up 20.0% from the prior year.
• Gross Margin was little changed at 99.0% in Q2 2026 per JEF's latest filing, from 98.96% in the prior quarter.
• Across five years, Gross Margin topped out at 99.92% in Q3 2023 and bottomed at 91.83% in Q2 2022.
• Historically, Gross Margin has averaged 97.6% across 5 years, with a median of 98.54% in 2024.
• The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 803 bps in 2023, then sank 221 bps in 2024.
• Over 5 years, Gross Margin stood at 94.95% in 2022, then rose by 4 bps to 98.82% in 2023, then declined by 2 bps to 96.61% in 2024, then rose by 1 bps to 97.56% in 2025, then gained by 1 bps to 99.0% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 99.0%, 98.96%, and 97.56% for Q2 2026, Q1 2026, and Q4 2025 respectively.