Stifel Financial (SF) Operating Expenses (2009 - 2026)

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'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's Operating Expenses at $1.2 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.1 billion in Q3 2025.