RJF Q4 2025 Earnings — Raymond James Financial, Inc. Revenue & Financial Results | Market Cap Arena

RJFRaymond James Financial, Inc.

$30B

Q4 2025 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$4.1B+4.5% YoY

Gross Profit

$3.7B88.6% margin

Operating Income

$731M17.7% margin

Net Income

$604M14.6% margin

EPS (Diluted)

$2.96

QoQ Revenue Growth

+9.1%

Cash Flow

Operating Cash Flow

$796M

Free Cash Flow

$752M

Stock-Based Comp.

$55M

Balance Sheet

Total Assets

$88.2B

Total Liabilities

$75.7B

Stockholders' Equity

$12.5B

Cash & Equivalents

$11.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.1B	$4.0B	+4.5%
Gross Profit	$3.7B	$3.4B	+8.0%
Operating Income	$731M	$760M	-3.8%
Net Income	$604M	$602M	+0.3%

Revenue Segments

Private Client Group

$2.7B61%

RJ Bank

$860M20%

Capital Markets

$538M12%

Asset Management Segment

$314M7%

Geographic Segments

UNITED STATES

$3.4B92%

CANADA

$171M5%

Europe

$130M3%