Jefferies Financial (JEF) Research & Development (2022 - 2026)
Jefferies Financial's (JEF) quarterly Research & Development came in at $162.9 million in Q2 2026, up 11.4% on a YoY basis from $146.2 million in Q2 2025, and up 1.88% quarter-over-quarter from $159.9 million in Q1 2026.
Analysis
Jefferies Financial (JEF) Research & Development (2022 - 2026) Analysis & Trends
Jefferies Financial (JEF) has reported Research & Development for 5 consecutive years, with $162.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 11.4% year-over-year to $162.9 million; the trailing twelve-month figure through May 2026 stood at $635.2 million (up 13.52% YoY), and the FY2025 full-year result was $598.2 million, up 9.43% from the prior year.
- Research & Development improved to $162.9 million in Q2 2026 per JEF's latest filing, from $159.9 million in the prior quarter.
- Across five years, Research & Development topped out at $162.9 million in Q2 2026 and bottomed at $107.0 million in Q1 2022.
- Historically, Research & Development has averaged $132.7 million across 5 years, with a median of $136.1 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Research & Development climbed 21.28% in 2024, then grew 1.43% in 2025.
- Over 5 years, Research & Development stood at $113.7 million in 2022, then gained by 7.45% to $122.1 million in 2023, then gained by 12.14% to $137.0 million in 2024, then gained by 13.43% to $155.3 million in 2025, then grew by 4.84% to $162.9 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $162.9 million, $159.9 million, and $155.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 43.96 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 162.86 Mn |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 13.02 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 15.68 Mn |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 15.89 Mn |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 52.63 Mn |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | - |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 9.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 162.86 Mn |
| Feb 28, 2026 | 159.86 Mn |
| Nov 30, 2025 | 155.34 Mn |
| Aug 31, 2025 | 157.17 Mn |
| May 31, 2025 | 146.20 Mn |
| Feb 28, 2025 | 139.48 Mn |
| Nov 30, 2024 | 136.95 Mn |
| Aug 31, 2024 | 136.95 Mn |
| May 31, 2024 | 135.24 Mn |
| Feb 29, 2024 | 137.51 Mn |
| Nov 30, 2023 | 122.13 Mn |
| Aug 31, 2023 | 122.58 Mn |
| May 31, 2023 | 118.94 Mn |
| Feb 28, 2023 | 113.39 Mn |
| Nov 30, 2022 | 113.66 Mn |
| Aug 31, 2022 | 111.38 Mn |
| May 31, 2022 | 111.11 Mn |
| Feb 28, 2022 | 107.02 Mn |