Wealth Management was Oppenheimer Holdings’s largest segment in fiscal 2025, bringing in $1.04B of $2.66B (39%).
| Segment | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Wealth Management | $774.92M | $890.19M | $972.05M | $1.04B | ||||||||||
| Private Client | — | — | — | — | ||||||||||
| Private Client Division | — | — | — | — | ||||||||||
| Capital Markets | $337.82M | $345.90M | $447.58M | $591.32M | ||||||||||
| Asset Management | — | — | $972.05M | $1.04B | ||||||||||
| Commercial Mortgage Banking | — | — | — | — | ||||||||||
| Corporate/Other | — | — | — | — | ||||||||||
| Total | $1.11B | $1.24B | $2.39B | $2.66B |
Oppenheimer Holdings brought in $2.66B from its three segments in fiscal 2025, the year ended December 31, 2025. That was up 11.3% from $2.39B in fiscal 2024. Wealth Management was the largest at $1.04B (38.9%), ahead of Asset Management at $1.04B (38.9%) and Capital Markets at $591.32M (22.2%).
Compared with fiscal 2024, Capital Markets grew fastest, up 32.1% to $591.32M. Every segment above 2% of revenue grew.
Americas was Oppenheimer Holdings’s largest region in fiscal 2025, bringing in $1.57B of $1.64B (96%).
| Geography | FY 2010 | FY 2011 | FY 2013 | FY 2014 | FY 2015 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas | $1.06B | $1.20B | $1.38B | $1.57B | ||||||||||
| United States | — | — | — | — | ||||||||||
| Europe/Middle East | $47.08M | $46.49M | $52.51M | $63.15M | ||||||||||
| Europe / Middle East | — | — | — | — | ||||||||||
| South America | — | — | — | — | ||||||||||
| Asia | $5.67M | $2.78M | $3.73M | $2.59M | ||||||||||
| Total | $1.11B | $1.25B | $1.43B | $1.64B |
Oppenheimer Holdings brought in $1.64B from its three regions in fiscal 2025, the year ended December 31, 2025. That is less than the $2.66B it reports by segment, so these regions do not cover all of its revenue. Americas was the largest at $1.57B (96.0%), ahead of Europe/Middle East at $63.15M (3.9%) and Asia at $2.59M (0.2%).
Compared with fiscal 2024, Europe/Middle East grew 20.3% to $63.15M and Americas grew 14.2% to $1.57B.
Non-Guarantor Subsidiaries was Oppenheimer Holdings’s largest revenue line in fiscal 2014, bringing in $982.97M of $995.24M (99%).
| Legal Entity | FY 2010 | FY 2011 | FY 2013 | FY 2014 |
|---|---|---|---|---|
| Non-Guarantor Subsidiaries | $962.84M | $1.02B | $982.97M | |
| Guarantor Subsidiaries | $9.02M | $12.21M | $12.26M | |
| Parent | — | $5.00K | — | |
| Eliminations | — | — | — | |
| Total | $971.86M | $1.03B | $995.24M |
Oppenheimer Holdings brought in $995.24M from its two revenue lines in fiscal 2014, the year ended December 31, 2014. Oppenheimer Holdings regrouped these revenue lines after fiscal 2013, so the total does not compare directly with that year's $1.03B. Non-Guarantor Subsidiaries was the largest at $982.97M (98.8%), ahead of Guarantor Subsidiaries at $12.26M (1.2%).
From fiscal 2011 to 2014, combined revenue from these revenue lines grew from $971.86M to $995.24M, a compound annual growth rate of 0.8%. Non-Guarantor Subsidiaries' share held steady at about 98.8%.
Oppenheimer Holdings stopped reporting Parent as a separate revenue line after fiscal 2013, when it brought in $5.00K.
Oppenheimer Holdings (OPY) reports its revenue by segment, by geography and by legal entity. In fiscal 2025, Wealth Management was its largest segment, bringing in $1.04B (38.9% of the total), followed by Asset Management at $1.04B (38.9%).
Wealth Management was Oppenheimer Holdings' largest segment in fiscal 2025, bringing in $1.04B, or 38.9% of the $2.66B total across its three segments.
Americas was Oppenheimer Holdings' largest region in fiscal 2025, bringing in $1.57B, or 96.0% of the $1.64B total across its three regions.
Non-Guarantor Subsidiaries was Oppenheimer Holdings' largest revenue line in fiscal 2014, bringing in $982.97M, or 98.8% of the $995.24M total across its two revenue lines.
Among Oppenheimer Holdings' segments that make up at least 2% of revenue, Capital Markets grew fastest in fiscal 2025, up 32.1% from $447.58M to $591.32M.
Every figure comes from Oppenheimer Holdings' annual financial filings, as reported. Each line keeps the name Oppenheimer Holdings gives it, and years follow its fiscal calendar.
Oppenheimer Holdings' revenue by segment goes back to fiscal 2011, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.