Jefferies Financial Group (JEF) Financial Statements & Analysis

Jefferies Financial Group (JEF) Income Statement

Jefferies Financial Group reported revenue of $7.34B in fiscal 2025 (fiscal year ended Nov 30, 2025), down 30.2% from $10.52B a year earlier. Net income was $630.79M, down 15.1% year over year, a net margin of 8.6%. Gross margin was 37.0% and operating margin 11.9%. In the most recent quarter, Q3 fiscal 2026 (ended Aug 31, 2026), revenue was $2.22B, down 23.6% from the same quarter a year earlier.

Jefferies Financial Group Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Jefferies Financial Group Inc. income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Nov 2025	Nov 2024	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Dec 2017
Revenue & Gross Profit
Revenue	7.34	10.52	7.44	7.15	8.01	6.96	5.36	0.00	5.05
Cost of Revenue	4.63	4.30	2.93	3.38	4.45	3.63	2.45	0.00	2.51
Gross Profit	2.72	6.22	4.51	3.77	3.57	3.33	2.90	0.00	2.54
Operating Expenses
Research & Development	0.00	0.00	0.18	0.15	0.11	0.00	0.00	0.00	0.00
Selling, General & Administrative	1.37	0.96	0.85	0.79	0.82	1.08	1.01	0.00	0.78
Operating Expenses	5.77	1.50	1.20	1.16	1.09	1.24	1.16	0.00	0.89
Operating Income	0.87	4.71	3.31	2.61	2.25	2.09	1.74	0.00	1.65
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	3.48	3.48	2.74	1.17	0.93	0.95	1.47	0.00	0.97
Other Income/Expense	0.18	-0.23	-2.96	-1.56	-1.27	-1.02	-1.26	0.00	-1.05
Income
Income Before Tax	0.87	1.01	0.35	1.06	2.25	1.07	0.48	0.00	0.61
Income Tax Expense	0.18	0.29	0.09	0.27	0.58	0.30	-0.48	0.00	0.64
Net Income	0.63	0.74	0.28	0.79	1.67	0.78	0.96	0.00	0.17
Net Income - Continuous Operations	0.71	0.71	0.28	0.79	1.67	0.78	0.96	0.00	0.17
Net Income - Discontinued Operations	0.00	0.00	-	-	-	-	-	-	-
EBITDA	1.07	4.68	3.21	2.42	2.40	2.17	2.10	0.13	1.69
EBIT	0.87	4.49	0.35	1.06	2.25	-	-	-	-
Depreciation & Amortization	0.19	0.19	0.11	0.19	0.16	0.16	0.15	0.13	0.11
Earnings Per Share
Basic EPS	3.00	3.00	1.00	3.00	6.00	3.00	3.00	1.00	-
Diluted EPS	3.00	3.00	1.00	3.00	6.00	3.00	3.00	1.00	-
Basic Shares Outstanding	0.22	0.22	0.23	0.25	0.26	0.29	0.31	0.35	0.37
Diluted Shares Outstanding	0.22	0.22	0.24	0.26	0.27	0.29	0.32	0.35	0.37

Source: Company financial statements from annual and quarterly filings. Data as of Aug 31, 2026. Data sources and methodology

Frequently Asked Questions About Jefferies Financial Group Financial Statements

What was Jefferies Financial Group's revenue in fiscal 2025?

Jefferies Financial Group reported revenue of $7.34B in fiscal 2025 (fiscal year ended Nov 30, 2025). That was down 30.2% from $10.52B a year earlier.

Is Jefferies Financial Group profitable?

Yes. Jefferies Financial Group earned net income of $630.79M in fiscal 2025, a net margin of 8.6%. In fiscal 2024 it earned $743.38M.

What is Jefferies Financial Group's operating margin?

Jefferies Financial Group's operating income was $870.99M on revenue of $7.34B in fiscal 2025, an operating margin of 11.9%, compared with 44.8% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition