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
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