Jefferies Financial (JEF) Operating Expenses (2009 - 2026)

Jefferies Financial (JEF) has reported Operating Expenses for 18 consecutive years, with $1.8 billion the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at $1.8 billion, up 25.17% year-over-year; the trailing twelve-month figure through Feb 2026 was $6.8 billion (up 14.82% YoY), and the FY2025 annual result was $6.5 billion, up 7.36% from the prior year.
• Operating Expenses was $1.8 billion for Q1 2026 at Jefferies Financial, down from $1.8 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $1.8 billion in Q4 2025 and troughed at $1.0 billion in Q2 2023.
• Average Operating Expenses over 5 years is $1.4 billion, with a median of $1.4 billion recorded in 2024.
• Year-over-year, Operating Expenses retreated 22.38% in 2022 and jumped 48.81% in 2024.
• Over 5 years, Operating Expenses stood at $1.2 billion in 2022, then decreased by 10.72% to $1.1 billion in 2023, then surged by 48.81% to $1.7 billion in 2024, then advanced by 9.92% to $1.8 billion in 2025, then fell by 0.59% to $1.8 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $1.8 billion in Q1 2026, $1.8 billion in Q4 2025, and $1.7 billion in Q3 2025.