SF FY 2025 Earnings Report — Stifel Financial Corp. Revenue & Financial Results | Market Cap Arena

Stifel Financial Corp.SF

FY 2025 Earnings

Reported February 24, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$6.3B	—	$5.9B	—	6.9%
Op. Income	$871M	—	$928M	—	-6.2%
Gross Margin	86.6%	—	82.9%	—	3.7pp
Net Margin	10.9%	—	12.4%	—	-1.6pp
EPS (Diluted)	$5.88	—	$6.25	—	-5.9%
Free Cash Flow	$1.2B	—	$417M	—	188.4%

Revenue Flow

Item	Amount
REVENUE	$6.3B
Cost of Revenue	$846M
GROSS PROFIT	$5.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$3.3B
SG&A Expenses	$3.3B
Other Expenses	$1.3B
Operating Expenses	$4.6B
Cost & Expenses	$5.4B
OPERATING INCOME	$871M
Interest Income	$1.9B
Interest Expense	$818M
Other Income/Expenses	$0
INCOME BEFORE TAX	$871M
Income Tax Expense	$187M
Net Income from Continuing Ops	$684M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$684M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$646M
D&A	$62M
EBIT	$871M
EBITDA	$934M
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$6.3B
Cost of Revenue	$846M
GROSS PROFIT	$5.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$3.3B
SG&A Expenses	$3.3B
Other Expenses	$1.3B
Operating Expenses	$4.6B
Cost & Expenses	$5.4B
OPERATING INCOME	$871M
Interest Income	$1.9B
Interest Expense	$818M
Other Income/Expenses	$0
INCOME BEFORE TAX	$871M
Income Tax Expense	$187M
Net Income from Continuing Ops	$684M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$684M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$646M
D&A	$62M
EBIT	$871M
EBITDA	$934M
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$684M
Depreciation & Amortization	$68M
Stock-Based Compensation	$164M
Deferred Income Tax	-$21M
Other Non-Cash Items	$177M
Change in Working Capital	$192M
OPERATING CASH FLOW	$1.3B
Capital Expenditure	-$62M
Acquisitions (Net)	$0
Purchases of Investments	-$35M
Sales/Maturities of Investments	$0
Other Investing Activities	-$1.7B
NET CASH FROM INVESTING	-$1.8B
Net Debt Issuance	$707M
Common Stock Repurchased	-$245M
Common Dividends Paid	-$206M
Other Financing Activities	-$127M
NET CASH FROM FINANCING	$91M
FREE CASH FLOW	$1.2B
Net Change in Cash	-$395M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.3B
Short-Term Investments	$0
Net Receivables	$1.7B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$4.0B
PP&E (Net)	$986M
Goodwill	$1.5B
Intangible Assets	$108M
Long-Term Investments	$33.0B
Tax Assets	$469M
Other Non-Current Assets	$1.6B
TOTAL NON-CURRENT ASSETS	$37.6B
TOTAL ASSETS	$41.6B
Account Payables	$0
Short-Term Debt	$762M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$762M
Long-Term Debt	$672M
Deferred Revenue NC	$27M
Deferred Tax Liabilities	$317M
Other Non-Current Liabilities	$33.1B
TOTAL NON-CURRENT LIABILITIES	$34.8B
TOTAL LIABILITIES	$35.6B
Common Stock	$17M
Additional Paid-In Capital	$1.9B
Retained Earnings	$4.2B
Treasury Stock	-$786M
Accum. Other Comp. Income	-$18M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.0B
Minority Interest	$0
TOTAL EQUITY	$6.0B
TOTAL LIABILITIES & EQUITY	$41.6B
Total Debt	$2.2B
Net Debt	-$103M