Jefferies Financial Group Inc. revenue by segment JEF

Annual Quarterly

Jefferies Financial Group Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in Q3 of fiscal 2026, the quarter ended Aug 31, 2026 was Investment Banking And Capital Markets at $1.7 billion, 96% of the total. By sales mix, the largest line in Q3 of fiscal 2026, the quarter ended Aug 31, 2026 was Investment Banking Advisory at $817.8 million, 47% of the total.

USD in millions. 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	1,752	1,675	1,456	1,671	1,504	1,227	1,144	1,445
Operating segments
Investment Banking And Capital Markets	6,198 share 94.6%	1,687 +20.0% share 96.3%	1,596 +41.3% share 95.3%	1,376 +35.8% share 94.5%	1,539 share 92.1%	1,406 share 93.5%	1,130 share 92.1%	1,014 share 88.6%	—
Asset Management	355 share 5.4%	64 -34.3% share 3.7%	79 -18.7% share 4.7%	80 -39.1% share 5.5%	132 share 7.9%	98 share 6.5%	97 share 7.9%	131 share 11.4%	—
Sales mix
Investment Banking Advisory	2,653 share 40.5%	818 +24.7% share 46.7%	—	527 share 36.2%	634 share 38.0%	656 share 43.6%	—	—	—
Commissions And Other Fees	1,517 share 23.2%	393 share 22.4%	—	368 share 25.3%	—	—	353 share 28.8%	—	—
Equities	1,481 share 22.6%	385 +21.0% share 22.0%	389 +13.7% share 23.2%	359 +25.6% share 24.7%	347 share 20.8%	318 share 21.2%	342 share 27.9%	286 share 25.0%	—
Product And Service Other	583 share 8.9%	133 share 7.6%	156 +35.0% share 9.3%	117 +0.1% share 8.1%	—	—	115 share 9.4%	117 share 10.2%	—
Other Investments1	336 share 5.1%	62 -30.7% share 3.6%	75 -16.0% share 4.5%	73 -14.4% share 5.0%	126 share 7.5%	90 share 6.0%	90 share 7.3%	85 share 7.4%	—
Internet Connection And Boadband Revenue	199 share 3.0%	36 -37.2% share 2.0%	54 -4.5% share 3.2%	52 -9.3% share 3.6%	57 share 3.4%	57 share 3.8%	57 share 4.6%	58 share 5.1%	—
Real Estate	64 share 1.0%	9 -46.8% share 0.5%	2 -85.8% share 0.1%	2 -79.7% share 0.2%	51 share 3.0%	17 share 1.1%	16 share 1.3%	11 share 1.0%	—
Fixed Income Services	7 share 0.1%	2 +17.8% share 0.1%	2 -18.2% share 0.1%	2 -11.6% share 0.1%	2 share 0.1%	1 share 0.1%	2 share 0.2%	2 share 0.2%	—

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. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. 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.