Siebert Financial (SIEB) Operating Expenses (2010 - 2026)
Siebert Financial's (SIEB) quarterly Operating Expenses came in at $31.6 million in Q2 2026, up 52.83% year-over-year from $20.7 million in Q2 2025, and up 20.16% quarter-over-quarter from $26.3 million in Q1 2026.
Analysis
Siebert Financial (SIEB) Operating Expenses (2010 - 2026) Analysis & Trends
Siebert Financial has disclosed Operating Expenses across 17 years of filings, most recently posting $31.6 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 52.83% year-over-year to $31.6 million; the TTM figure through Jun 2026 stood at $107.5 million (up 43.47% YoY), while the FY2025 annual figure was $88.6 million, up 33.42% from the prior year.
- Operating Expenses came in at $31.6 million for Q2 2026 at Siebert Financial, up from $26.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $31.6 million in Q2 2026 to a low of $11.9 million in Q1 2023.
- Average Operating Expenses over 5 years is $17.6 million, with a median of $15.3 million recorded in 2024.
- Year-over-year, Operating Expenses fell 25.33% in 2022 and surged 52.83% in 2026.
- Over 5 years, Operating Expenses stood at $12.8 million in 2022, then climbed by 16.0% to $14.8 million in 2023, then gained by 21.95% to $18.1 million in 2024, then surged by 37.48% to $24.8 million in 2025, then rose by 27.36% to $31.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $31.6 million in Q2 2026, $26.3 million in Q1 2026, and $24.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 107.72 Bn | 90.39 Bn | 1.20 Bn | 734.00 Mn |
| 2 | Interactive Brokers | 40.86 Bn | -7.10 Bn | - | 440.00 Mn |
| 3 | LPL Financial Holdings | 25.83 Bn | 23.14 Bn | - | 4.67 Bn |
| 4 | Futu Holdings | 15.70 Bn | -3.94 Bn | 792.50 Mn | -223.32 Mn |
| 5 | UP Fintech Holding | 12.54 Bn | 12.55 Bn | - | -103.94 Mn |
| 6 | Xp | 10.40 Bn | 5.55 Bn | 105.39 Mn | -336.56 Mn |
| 7 | Webull | 4.32 Bn | 2.39 Bn | 85.87 Mn | 153.38 Mn |
| 8 | eToro | 2.34 Bn | 1.38 Bn | 63.50 Mn | 93.85 Mn |
| 9 | Solowin Holdings | 353.34 Mn | 334.23 Mn | - | - |
| 10 | Siebert Financial | 98.23 Mn | -104.34 Mn | - | 31.65 Mn |
Historic Data
Download Data
Historic 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 |