Stifel Financial (SF) Research & Development (2009 - 2026)
Stifel Financial (SF) recorded quarterly Research & Development of $46.3 million in Q2 2026, down 9.17% on a QoQ basis from $51.0 million in Q1 2026, and down 3.15% YoY from $47.8 million in Q2 2025.
Analysis
Stifel Financial (SF) Research & Development (2009 - 2026) Analysis & Trends
Stifel Financial (SF) has reported Research & Development for 18 consecutive years, with $46.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development fell 3.15% year-over-year to $46.3 million; the trailing twelve-month figure through Jun 2026 stood at $196.3 million (changed 0.06% YoY), and the FY2025 full-year result was $196.3 million, up 0.99% from the prior year.
- Research & Development was $46.3 million for Q2 2026 at Stifel Financial, down from $51.0 million in the prior quarter.
- The five-year high for Research & Development was $51.0 million in Q1 2026, with the low at $42.5 million in Q1 2022.
- Historically, Research & Development has averaged $47.1 million across 5 years, with a median of $47.3 million in 2023.
- Annual changes were most pronounced in 2023 — Research & Development advanced 8.67% — and 2026, when it decreased 3.15%.
- Tracing SF's Research & Development over 5 years: stood at $45.2 million in 2022, then gained by 4.7% to $47.3 million in 2023, then grew by 5.56% to $50.0 million in 2024, then increased by 0.19% to $50.1 million in 2025, then decreased by 7.43% to $46.3 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $46.3 million in Q2 2026, $51.0 million in Q1 2026, and $50.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 1.92 Bn |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 1.20 Bn |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | 284.73 Mn |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 635.00 Mn |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | - |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 1.76 Bn |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | - |
| 10 | Stifel Financial | 11.69 Bn | 7.80 Bn | 1.49 Bn | 46.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.34 Mn |
| Mar 31, 2026 | 51.02 Mn |
| Dec 31, 2025 | 50.06 Mn |
| Sep 30, 2025 | 48.89 Mn |
| Jun 30, 2025 | 47.85 Mn |
| Mar 31, 2025 | 49.51 Mn |
| Dec 31, 2024 | 49.97 Mn |
| Sep 30, 2024 | 48.87 Mn |
| Jun 30, 2024 | 48.18 Mn |
| Mar 31, 2024 | 47.37 Mn |
| Dec 31, 2023 | 47.33 Mn |
| Sep 30, 2023 | 46.22 Mn |
| Jun 30, 2023 | 44.97 Mn |
| Mar 31, 2023 | 46.14 Mn |
| Dec 31, 2022 | 45.21 Mn |
| Sep 30, 2022 | 43.83 Mn |
| Jun 30, 2022 | 43.65 Mn |
| Mar 31, 2022 | 42.46 Mn |
| Dec 31, 2021 | 41.93 Mn |
| Sep 30, 2021 | 40.43 Mn |