Siebert Financial (SIEB) Operating Expenses (2010 - 2026)

Siebert Financial's (SIEB) quarterly Operating Expenses came in at $26.3 million in Q1 2026, up 42.96% year-on-year from $18.4 million in Q1 2025, and up 5.99% quarter-over-quarter from $24.8 million in Q4 2025.

Siebert Financial (SIEB) Operating Expenses (2010 - 2026) Analysis & Trends

Siebert Financial has disclosed Operating Expenses across 17 years of filings, most recently posting $26.3 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $26.3 million, up 42.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $96.6 million (up 38.92% YoY), and the FY2025 annual result was $88.6 million, up 33.42% from the prior year.
  • Operating Expenses came in at $26.3 million for Q1 2026 at Siebert Financial, up from $24.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $26.3 million in Q1 2026 to a low of $11.9 million in Q1 2023.
  • The 5-year median for Operating Expenses is $15.3 million (2024), against an average of $16.7 million.
  • Across the five-year window, Operating Expenses declined 25.33% in 2022 and jumped 42.96% in 2026, its largest moves.
  • Siebert Financial's 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 increased by 5.99% to $26.3 million in 2026.
  • The last three Operating Expenses figures came in at $26.3 million (Q1 2026), $24.8 million (Q4 2025), and $24.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - 386,258.80
2 Morgan Stanley 331.35 Bn 197.82 Bn - 13.47 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 10.43 Bn
4 Schwab Charles 153.74 Bn 108.77 Bn - 3.29 Bn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 656.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 381.00 Mn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 4.45 Bn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 330.51 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 242.35 Mn
10 Siebert Financial 74.47 Mn 36.67 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