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

Jefferies Financial (JEF) has 5 years of Research & Development data on file, last reported at $89.1 million in Q2 2026.

• Quarterly Research & Development fell 39.05% year-over-year to $89.1 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $347.9 million (down 55.11% YoY) and the FY2025 annual result came in at $335.7 million, down 38.59% from the prior year.
• Research & Development rose to $89.1 million in Q2 2026, from $75.4 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $355.1 million in Q4 2023 to a low of $26.9 million in Q1 2022.
• A 5-year average of $116.7 million and a median of $96.7 million in 2025 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2023 — Research & Development surged 733.44% — and 2025, when it tumbled 70.38%.
• Tracing JEF's Research & Development over 5 years: stood at $42.6 million in 2022, then surged by 733.44% to $355.1 million in 2023, then fell by 0.82% to $352.2 million in 2024, then plunged by 70.38% to $104.3 million in 2025, then dropped by 14.58% to $89.1 million in 2026.
• The last three Research & Development figures came in at $89.1 million (Q2 2026), $75.4 million (Q1 2026), and $104.3 million (Q4 2025), per Business Quant data.