Raymond James Financial (RJF) Operating Expenses (2009 - 2026)

Raymond James Financial has reported Operating Expenses for 18 years, with the latest figure at $3.1 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 14.35% year-over-year to $3.1 billion; the trailing twelve-month figure through Mar 2026 stood at $12.0 billion (up 10.7% YoY), and the FY2025 full-year result was $11.4 billion, up 11.52% from the prior year.
• Operating Expenses for Q1 2026 stood at $3.1 billion, up from $3.0 billion in the prior quarter.
• The five-year high for Operating Expenses was $3.1 billion in Q1 2026, with the low at $2.1 billion in Q4 2022.
• Historically, Operating Expenses has averaged $2.6 billion across 5 years, with a median of $2.5 billion in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses dropped 4.0% — and 2024, when it climbed 17.0%.
• Raymond James Financial's Operating Expenses stood at $2.1 billion in 2022, then increased by 11.67% to $2.4 billion in 2023, then increased by 17.0% to $2.8 billion in 2024, then gained by 7.86% to $3.0 billion in 2025, then grew by 3.89% to $3.1 billion in 2026.
• The last three Operating Expenses figures came in at $3.1 billion (Q1 2026), $3.0 billion (Q4 2025), and $3.0 billion (Q3 2025), per Business Quant data.