Siebert Financial (SIEB) Operating Expenses (2010 - 2026)
Siebert Financial (SIEB) posted Operating Expenses of $26.3 million for Q1 2026, up 5.99% sequentially from $24.8 million in Q4 2025, and up 42.96% YoY from $18.4 million in Q1 2025.
Siebert Financial (SIEB) Operating Expenses (2010 - 2026) Analysis & Trends
Siebert Financial has reported Operating Expenses for 17 years, with the latest figure at $26.3 million in Q1 2026.
- Quarterly Operating Expenses rose 42.96% year-over-year to $26.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $96.6 million (up 38.92% YoY) and the FY2025 annual result came in at $88.6 million, up 33.42% from the prior year.
- Operating Expenses improved to $26.3 million in Q1 2026 per SIEB's latest filing, from $24.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $26.3 million in Q1 2026 and troughed at $11.9 million in Q1 2023.
- A 5-year average of $16.7 million and a median of $15.3 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses retreated 25.33% in 2022, then soared 42.96% in 2026.
- Over 5 years, Operating Expenses stood at $12.8 million in 2022, then increased by 16.0% to $14.8 million in 2023, then climbed by 21.95% to $18.1 million in 2024, then jumped by 37.48% to $24.8 million in 2025, then gained by 5.99% to $26.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $26.3 million, $24.8 million, and $24.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 13.90 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 11.67 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 3.40 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 734.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 440.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 4.67 Bn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 313.68 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 254.49 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -200.78 Mn |
| 10 | Siebert Financial | 86.46 Mn | -116.11 Mn | - | 31.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.65 Mn |
| Mar 31, 2026 | 26.34 Mn |
| Dec 31, 2025 | 24.85 Mn |
| Sep 30, 2025 | 24.66 Mn |
| Jun 30, 2025 | 20.71 Mn |
| Mar 31, 2025 | 18.42 Mn |
| Dec 31, 2024 | 18.07 Mn |
| Sep 30, 2024 | 17.72 Mn |
| Jun 30, 2024 | 15.28 Mn |
| Mar 31, 2024 | 15.35 Mn |
| Dec 31, 2023 | 14.82 Mn |
| Sep 30, 2023 | 13.78 Mn |
| Jun 30, 2023 | 12.93 Mn |
| Mar 31, 2023 | 11.86 Mn |
| Dec 31, 2022 | 12.78 Mn |
| Sep 30, 2022 | 12.75 Mn |
| Jun 30, 2022 | 12.25 Mn |
| Mar 31, 2022 | 11.88 Mn |
| Dec 31, 2021 | 14.22 Mn |
| Sep 30, 2021 | 15.92 Mn |