Jefferies Financial (JEF) Research & Development (2022 - 2026)

Jefferies Financial (JEF) posted Research & Development of $75.4 million for Q1 2026, up 170.38% quarter-over-quarter from -$107.2 million in Q4 2025, and down 45.92% year-on-year from $139.5 million in Q1 2025.

Jefferies Financial (JEF) Research & Development (2022 - 2026) Analysis & Trends

Jefferies Financial (JEF) has reported Research & Development for 5 consecutive years, with $75.4 million the latest figure, recorded in Q1 2026.

  • Research & Development for Q1 2026 came in at $75.4 million, down 45.92% year-over-year; the trailing twelve-month figure through Feb 2026 was $271.6 million (up 24.14% YoY), and the FY2025 annual result was $335.7 million, up 18.42% from the prior year.
  • Research & Development was $75.4 million for Q1 2026 at Jefferies Financial, up from -$107.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $157.2 million in Q3 2025 and troughed at -$126.2 million in Q4 2024.
  • Average Research & Development over 5 years is $78.3 million, with a median of $113.4 million recorded in 2023.
  • Year-over-year, Research & Development surged 237.48% in 2023 and slumped 203.37% in 2024.
  • Over 5 years, Research & Development stood at $113.7 million in 2022, then advanced by 7.45% to $122.1 million in 2023, then plunged by 203.37% to -$126.2 million in 2024, then gained by 15.12% to -$107.2 million in 2025, then surged by 170.38% to $75.4 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $75.4 million in Q1 2026, -$107.2 million in Q4 2025, and $157.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 1.15 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 583.00 Mn
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -65.09 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 241.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 23.47 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 39.55 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -
10 Jefferies Financial 11.06 Bn -848.67 Mn 2.84 Bn 75.42 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 75.42 Mn
Nov 30, 2025 -107.16 Mn
Aug 31, 2025 157.17 Mn
May 31, 2025 146.20 Mn
Feb 28, 2025 139.48 Mn
Nov 30, 2024 -126.24 Mn
Aug 31, 2024 136.95 Mn
May 31, 2024 68.63 Mn
Feb 29, 2024 137.51 Mn
Nov 30, 2023 122.13 Mn
Aug 31, 2023 122.58 Mn
May 31, 2023 43.59 Mn
Feb 28, 2023 113.39 Mn
Nov 30, 2022 113.66 Mn
Aug 31, 2022 36.32 Mn
May 31, 2022 44.70 Mn
Feb 28, 2022 107.02 Mn