Stifel Financial (SF-PD) Operating Expenses (2009 - 2026)
Stifel Financial (SF-PD) recorded quarterly Operating Expenses of $1.2 billion in Q1 2026, down 8.03% on a QoQ basis from $1.3 billion in Q4 2025, and down 3.36% year-over-year from $1.2 billion in Q1 2025.
Stifel Financial (SF-PD) Operating Expenses (2009 - 2026) Analysis & Trends
Stifel Financial has disclosed Operating Expenses across 18 years of filings, most recently posting $1.2 billion for Q1 2026.
- Quarterly Operating Expenses fell 3.36% year-over-year to $1.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.6 billion (up 7.67% YoY) and the FY2025 annual result came in at $4.7 billion, up 15.26% from the prior year.
- Operating Expenses retreated to $1.2 billion in Q1 2026, from $1.3 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $1.3 billion in Q4 2025 and troughed at $839.4 million in Q3 2022.
- A 5-year average of $1.0 billion and a median of $944.3 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses decreased 9.9% — and 2025, when it advanced 26.24%.
- Tracing SF-PD's Operating Expenses over 5 years: stood at $888.0 million in 2022, then rose by 5.91% to $940.4 million in 2023, then increased by 16.81% to $1.1 billion in 2024, then increased by 14.04% to $1.3 billion in 2025, then decreased by 8.03% to $1.2 billion in 2026.
- Business Quant data shows SF-PD's Operating Expenses at $1.2 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | 386,258.80 |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 13.47 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 10.43 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 3.29 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 656.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 381.00 Mn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 4.45 Bn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 330.51 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 81.75 Mn |
| 10 | Stifel Financial | - | - | 878.90 Mn | 1.15 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.15 Bn |
| Dec 31, 2025 | 1.25 Bn |
| Sep 30, 2025 | 1.14 Bn |
| Jun 30, 2025 | 1.07 Bn |
| Mar 31, 2025 | 1.19 Bn |
| Dec 31, 2024 | 1.10 Bn |
| Sep 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 991.04 Mn |
| Mar 31, 2024 | 944.35 Mn |
| Dec 31, 2023 | 940.38 Mn |
| Sep 30, 2023 | 935.62 Mn |
| Jun 30, 2023 | 869.34 Mn |
| Mar 31, 2023 | 896.91 Mn |
| Dec 31, 2022 | 887.95 Mn |
| Sep 30, 2022 | 839.37 Mn |
| Jun 30, 2022 | 889.59 Mn |
| Mar 31, 2022 | 889.42 Mn |
| Dec 31, 2021 | 985.56 Mn |
| Sep 30, 2021 | 888.44 Mn |
| Jun 30, 2021 | 889.11 Mn |