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

Raymond James Financial (RJF) posted Operating Expenses of $3.1 billion for Q1 2026, up 3.89% on a QoQ basis from $3.0 billion in Q4 2025, and up 14.35% year-over-year from $2.7 billion in Q1 2025.

Raymond James Financial (RJF) Operating Expenses (2009 - 2026) Analysis & Trends

Raymond James Financial's Operating Expenses history runs 18 years deep, the most recent figure standing at $3.1 billion for Q1 2026.

  • Quarterly Operating Expenses rose 14.35% year-over-year to $3.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.0 billion (up 10.7% YoY) and the FY2025 annual result came in at $11.4 billion, up 11.52% from the prior year.
  • Operating Expenses was $3.1 billion for Q1 2026 at Raymond James Financial, up from $3.0 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $3.1 billion in Q1 2026 and bottomed at $2.1 billion in Q4 2022.
  • A 5-year average of $2.6 billion and a median of $2.5 billion in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses retreated 4.0% — and 2024, when it rose 17.0%.
  • Raymond James Financial's Operating Expenses stood at $2.1 billion in 2022, then gained by 11.67% to $2.4 billion in 2023, then gained by 17.0% to $2.8 billion in 2024, then climbed by 7.86% to $3.0 billion in 2025, then rose by 3.89% to $3.1 billion in 2026.
  • Business Quant data shows RJF's Operating Expenses at $3.1 billion in Q1 2026, $3.0 billion in Q4 2025, and $3.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 Principal Financial 23.31 Bn -27.00 Bn -463.00 Mn 3.05 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.12 Bn
Dec 31, 2025 3.01 Bn
Sep 30, 2025 3.00 Bn
Jun 30, 2025 2.84 Bn
Mar 31, 2025 2.73 Bn
Dec 31, 2024 2.79 Bn
Sep 30, 2024 2.70 Bn
Jun 30, 2024 2.58 Bn
Mar 31, 2024 2.51 Bn
Dec 31, 2023 2.38 Bn
Sep 30, 2023 2.47 Bn
Jun 30, 2023 2.42 Bn
Mar 31, 2023 2.32 Bn
Dec 31, 2022 2.13 Bn
Sep 30, 2022 2.22 Bn
Jun 30, 2022 2.30 Bn
Mar 31, 2022 2.24 Bn
Dec 31, 2021 2.22 Bn
Sep 30, 2021 2.14 Bn
Jun 30, 2021 2.09 Bn