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 (SIEB) has 17 years of Operating Expenses data on file, last reported 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.
- The five-year high for Operating Expenses was $26.3 million in Q1 2026, with the low at $11.9 million in Q1 2023.
- Average Operating Expenses over 5 years is $16.7 million, with a median of $15.3 million recorded in 2024.
- Year-over-year, Operating Expenses slipped 25.33% in 2022 and surged 42.96% in 2026.
- Siebert Financial's Operating Expenses stood at $12.8 million in 2022, then rose by 16.0% to $14.8 million in 2023, then grew by 21.95% to $18.1 million in 2024, then surged by 37.48% to $24.8 million in 2025, then advanced by 5.99% to $26.3 million in 2026.
- Business Quant data shows SIEB's Operating Expenses at $26.3 million in Q1 2026, $24.8 million in Q4 2025, and $24.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 13.47 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 10.43 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 3.29 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -200.78 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 656.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 4.45 Bn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 330.51 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 242.35 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 81.75 Mn |
| 10 | Siebert Financial | 714,000.02 | -37.09 Mn | - | 26.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 14.88 Mn |