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 338.83 Bn 205.30 Bn - 13.90 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 11.67 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 3.29 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -200.78 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 734.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 81.75 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 381.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 4.67 Bn
10 Siebert Financial 67.11 Mn 9.25 Mn - 26.34 Mn

Historic Data

Download Data
DateValue
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