Jefferies Financial Group Inc. income statement JEF

In Q3 of fiscal 2026, the quarter ended Aug 31, 2026, Jefferies Financial Group Inc. reported revenue of $1.8 billion, up 16.5% from the same quarter a year earlier. Net income was $288.3 million, a profit margin of 16.5%.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Aug 31, 2026
Q3 FY2026
Aug 31, 2026
Q2 FY2026
May 31, 2026
Q1 FY2026
Feb 28, 2026
Q4 FY2025
Nov 30, 2025
Q3 FY2025
Aug 31, 2025
Q2 FY2025
May 31, 2025
Q1 FY2025
Feb 28, 2025
Q4 FY2024
Nov 30, 2024
Revenue
6,553
+23.2%
1,752
+16.5%
1,675
+36.5%
1,456
+27.2%
1,671
+15.6%
1,504
+17.2%
1,227
+12.1%
1,144
+10.6%
1,445
+68.1%
Cost of revenue
156
-27.6%
23
-33.4%
31
-27.3%
30
-28.0%
72
-25.6%
34
-7.9%
43
+14.7%
42
+19.9%
97
+315.5%
Gross profit
6,397
+25.3%
1,729
+17.6%
1,644
+38.8%
1,426
+29.3%
1,599
+18.6%
1,470
+17.9%
1,184
+12.0%
1,103
+10.3%
1,348
+61.2%
Pretax income
1,132
+22.7%
351
+5.8%
316
+133.9%
212
+40.5%
253
-16.9%
332
+31.3%
135
-40.8%
151
-31.4%
305
+249.4%
Income tax
219
-6.2%
63
-29.7%
66
+50.7%
53
+271.9%
38
-56.4%
89
+14.5%
44
-40.5%
14
-74.6%
86
+411.7%
Net income
909
+30.8%
288
+18.9%
250
+173.5%
159
+16.4%
211
-5.6%
243
+34.0%
91
-40.9%
137
-12.5%
224
+217.9%
Basic EPS
—
—
—
0.72
+20.0%
—
1.04
+33.3%
0.41
-37.9%
0.60
-11.8%
0.97
+229.6%
Diluted EPS
—
—
—
0.70
+22.8%
—
1.01
+34.7%
0.40
-37.5%
0.57
-13.6%
0.93
+223.5%
Weighted average shares, basic
—
—
—
216
+0.5%
—
215
+0.4%
215
-2.2%
215
-2.5%
214
-2.9%
Weighted average shares, diluted
—
—
—
223
+0.4%
—
223
+0.5%
222
-1.9%
222
-1.3%
222
-1.1%
Other measures
Depreciation and amortization
203
+8.3%
43
-18.7%
47
-9.4%
57
+83.5%
56
+9.0%
53
+15.8%
52
+4.6%
31
-28.3%
51
+80.9%
Margins
Gross margin
97.62%
98.69%
98.13%
97.94%
95.69%
97.71%
96.50%
96.37%
93.30%
Pretax margin
17.27%
20.04%
18.84%
14.58%
15.15%
22.06%
11.00%
13.20%
21.10%
Profit margin
13.87%
16.45%
14.93%
10.95%
12.65%
16.12%
7.45%
11.96%
15.49%
Effective tax rate
19.33%
17.89%
20.78%
24.91%
14.82%
26.92%
32.25%
9.41%
28.25%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Security Brokers, Dealers & Flotation Companies (SIC 6211)
Listed as
JEF (NYSE)
Fiscal year ends
November 30
Incorporated in
NY
Headquarters
New York, NY
SEC filer status
Large accelerated filer
SEC CIK
96223
Former names
Jefferies Financial Group Inc. (until Nov 5, 2026); LEUCADIA NATIONAL CORP (until May 15, 2018)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.