Stock Borrow / Stock Loan was Siebert Financial’s largest segment in fiscal 2025, bringing in $29.03M of $94.20M (31%).
| Segment | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Retail | $54.02M | — | — |
| Interest, Marketing & Distribution Fees | — | $32.41M | $27.62M |
| Stock Borrow / Stock Loan | — | $19.25M | $29.03M |
| Stock Loan | $16.17M | — | — |
| Principal Transactions & Proprietary Trading | — | $14.62M | $17.48M |
| Commissions & Fees | — | $9.62M | $8.94M |
| Other Income | — | $3.39M | $3.63M |
| Advisory Fees | — | $2.37M | $3.32M |
| Market Making | $1.30M | $2.26M | $2.20M |
| Investment Banking | — | — | $769.00K |
| Music & Artist Services Revenue | — | — | $616.00K |
| Nil Revenue | — | — | $594.00K |
| Consolidated Overhead | $19.00K | — | — |
| Total | $71.51M | $83.90M | $94.20M |
Siebert Financial brought in $94.20M from its 10 segments in fiscal 2025, the year ended December 31, 2025. Siebert Financial regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $83.90M. Stock Borrow / Stock Loan was the largest at $29.03M (30.8%), ahead of Interest, Marketing & Distribution Fees at $27.62M (29.3%) and Principal Transactions & Proprietary Trading at $17.48M (18.6%). The other seven segments brought in $20.07M combined.
Compared with fiscal 2024, Stock Borrow / Stock Loan grew fastest, up 50.8% to $29.03M, while Interest, Marketing & Distribution Fees fell the most, down 14.8% to $27.62M.
Siebert Financial began breaking out Interest, Marketing & Distribution Fees in fiscal 2024, Stock Borrow / Stock Loan in fiscal 2024, Principal Transactions & Proprietary Trading in fiscal 2024 and Commissions & Fees in fiscal 2024. Siebert Financial stopped reporting Retail ($54.02M in fiscal 2023), Stock Loan ($16.17M in fiscal 2023) and Consolidated Overhead ($19.00K in fiscal 2023) as separate segments.
Financial Services was Siebert Financial’s largest segment in fiscal 2025, bringing in $29.03M of $30.24M (96%).
| Statement Business Segments | FY 2024 | FY 2025 |
|---|---|---|
| Financial Services | $32.41M | $29.03M |
| Media, Sports & Entertainment | — | $1.21M |
| Total | $32.41M | $30.24M |
Siebert Financial brought in $30.24M from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $94.20M it reports by segment, so these segments do not cover all of its revenue. Financial Services was the largest at $29.03M (96.0%), ahead of Media, Sports & Entertainment at $1.21M (4.0%).
Siebert Financial began breaking out Media, Sports & Entertainment in fiscal 2025, when it brought in $1.21M.
Siebert Financial (SIEB) reports its revenue by segment and by statement business segments. In fiscal 2025, Stock Borrow / Stock Loan was its largest segment, bringing in $29.03M (30.8% of the total), followed by Interest, Marketing & Distribution Fees at $27.62M (29.3%).
Stock Borrow / Stock Loan was Siebert Financial's largest segment in fiscal 2025, bringing in $29.03M, or 30.8% of the $94.20M total across its 10 segments.
Every figure comes from Siebert Financial's annual financial filings, as reported. Each line keeps the name Siebert Financial gives it, and years follow its fiscal calendar.
Siebert Financial's revenue by segment goes back to fiscal 2023, 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.