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TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Net revenues by Business
Asset Management$738.8M+2.3%$710.2M-11.6%$838M+33.1%$720.1M+24.0%$722M+83.6%
Investment Banking and Capital Markets$7.01B+13.9%$6.61B+6.5%$6.37B+13.2%$6.13B+18.5%$6.15B+29.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business
Asset Management-$157.9M-$136.5M
Investment Banking and Capital Markets$1.07B+3.0%$982.1M-4.0%$939.6M+12.7%$971.8M+56.6%$1.03B+115%
Total Assets by Business
Asset Management$22.05B-1.0%$21.92B-7.0%$21.46B-12.4%$21.43B-11.5%$22.26B-4.5%
Investment Banking and Capital Markets$264.95B$260.91B$249.72B
Noninterest Expense by Business
Asset Management$896.7M+7.2%$846.7M-0.1%$881.7M+26.4%$867.8M+45.6%$836.1M+73.4%
Investment Banking and Capital Markets$5.94B+16.1%$5.63B+8.6%$5.43B+13.3%$5.16B+13.3%$5.12B+20.2%
Goodwill by Business
Asset Management$1.1B-6.6%$1.2B+2.3%$1.19B-0.1%$1.19B+10.0%$1.18B+20.7%
Equities and wealth management$1.02B$1.02B$1.02B$1.02B
Fixed income$2.31B$2.31B$2.31B$2.31B
Investment Banking and Capital Markets$6.15B+0.3%$6.14B+0.2%$6.14B+0.1%$6.14B-0.2%$6.13B-0.7%
Other investments$525.8M$629.9M$623.1M$618M
Goodwill, Written off Related to Sale of Business Unit by Business
Asset Management$61.02M$5.56M
Currency translation and other adjustments by Business
Asset Management$15.64M+398%$11.39M+467%$6.75M+340%$5.23M+1,334%-$5.25M
Revenue by Product
Asset management fees$112.63M-7.0%$130.67M+51.8%$130.54M+46.7%$129.45M+41.0%$121.14M+28.9%
Commissions and other fees$1.4B+24.3%$1.32B+21.9%$1.26B+23.8%$1.21B+24.1%$1.13B+20.3%
Interest$3.37B-5.6%$3.4B-4.0%$3.48B+1.0%$3.57B+4.8%$3.57B+13.1%
Investment banking$20.9M-97.2%$21.42M-98.5%$15.39M-99.2%$12.73M-99.5%$747.5M-68.1%
Principal transactions$1.69B+6.8%$1.61B-11.3%$1.67B+2.8%$1.51B-8.9%$1.58B+1.7%
Revenues not from contracts with customers by Product
Interest$3.37B-5.6%$3.4B-4.0%$3.48B+3.7%$3.57B+13.8%$3.57B+20.1%
Other$186.46M-30.5%$173.34M+0.6%$173.4M+96.4%$176.91M+4,957%$268.46M+273%
Principal transactions$1.69B+6.8%$1.61B-11.3%$1.67B-3.8%$1.51B-14.6%$1.58B-6.9%
Revenues from strategic affiliates$116.55M+81.4%$90.7M+117%$86.47M+95.5%$80.8M+61.1%$64.24M+11.6%
Revenues from contracts with customers by Product
Internet connection and broadband revenues$222.67M-5.4%$228.06M-5.4%$228.41M+24.3%$233.08M+90.3%$235.26M+270%
Real estate revenues$85.8M-32.4%$94.63M-20.5%$152.24M+250%$139.65M+238%$126.98M+181%
Net revenues by Geography
Americas$5.31B+12.2%$4.99B+0.7%$4.86B+8.4%$4.57B+7.3%$4.73B+19.7%
Asia-Pacific$613.6M+12.7%$576.7M+14.2%$585.1M+32.6%$559.5M+42.5%$544.5M+73.3%
Europe and the Middle East$1.85B+14.3%$1.78B+12.9%$1.78B+32.4%$1.73B+55.2%$1.62B+81.6%
Revenues from contracts with customers by Geography
Americas$4.18B+20.7%$3.93B+15.0%$3.7B+19.3%$3.53B+23.5%$3.46B+30.0%
Asia-Pacific$420.64M+3.9%$416.75M+9.5%$431.03M+33.4%$402.65M+36.0%$404.94M+61.6%
Europe and the Middle East$1.25B+14.1%$1.2B+13.0%$1.19B+39.4%$1.17B+74.3%$1.1B+95.5%

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Questions, answered.

How does Jefferies Financial Group break its business down?
Jefferies Financial Group (JEF) reports net revenues by business across 2 parts — Asset Management and Investment Banking and Capital Markets. Each is extracted from the segment footnotes and tracked over time.
Where does Jefferies Financial Group's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Jefferies Financial Group's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.