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| Date | Value |
|---|---|
| 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 |