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Jefferies Financial Group JEF · USD

Financials · US listing · 🇺🇸 United States

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49.39

+4.24%

Close of 9 Nov 2026, in USD

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Jefferies Financial Group annual report

Filed with the US Securities and Exchange Commission

10-K

The latest annual report covers the year to 30 Nov 2025, filed on 28 Jan 2026.

Read the 10-K on SEC.gov ↗

Five-year highlights

In USD.

FY2025FY2024FY2023FY2022FY2021
Revenue, before interest expense$10.82bn$10.52bn$7.44bn$7.15bn$8.95bn
Operating income$686.4m$4.71bn$3.31bn$2.61bn$3.52bn
Net income$710.5m$743.4m$277.7m$785.4m$1.67bn
Total assets$76.01bn$64.36bn$57.91bn$51.06bn$60.40bn
Shareholders' equity$10.57bn$10.16bn$9.71bn$10.43bn$10.73bn

Revenue by business

Year to 30 Nov 2025

  • Investment banking $3.79bn · 68.3%
  • Investment banking - Advisory $2.15bn · 38.7%
  • Investment banking - Underwriting $1.64bn · 29.6%
  • Commissions and other fees $1.30bn · 23.5%
  • Equities $1.29bn · 23.3%
  • Other investments $390.5m · 7.0%
  • Internet connection and broadband revenues $228.1m · 4.1%
  • Real estate revenues $94.6m · 1.7%
  • Other $67.8m · 1.2%
  • Asset management $67.7m · 1.2%

Revenue by region

Year to 30 Nov 2025

  • Americas $3.93bn · 70.9%
  • Europe and the Middle East $1.20bn · 21.6%
  • Asia-Pacific $416.7m · 7.5%

Filings

Newest first, from SEC EDGAR

Sources and methodology

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