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| 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 |