Jefferies Financial (JEF) revenue breakdown

Financial Services · Capital Markets · Market cap $8.8B

By segment, Investment Banking and Capital Markets is the largest at 92% of fiscal 2025 revenue; Asset Management grew fastest, 70% a year over 2 years.

By product, Investment banking - Advisory is the largest at 39% of fiscal 2025 revenue; Other Investments grew fastest, 77% a year over 2 years.

Revenue by segment

Fiscal years, as Jefferies Financial reports them in its 10-K filings; fiscal 2025 total $5.5B.

Segments202320242025Share
Investment Banking and Capital Markets$3.1B$4.4B$5.1B 92%
Asset Management$159M$472M$458M 8%

Revenue by product

Fiscal years, as Jefferies Financial reports them in its 10-K filings; fiscal 2025 total $5.5B.

Products202320242025Share
Investment banking - Advisory$1.2B$1.8B$2.1B 39%
Investment banking - Underwriting$970M$1.5B$1.6B 30%
Equities$895M$1.1B$1.3B 23%
Other Investments$125M$421M$391M 7%
Asset management$34M$51M$68M 1%
Fixed income$11M$9M$7M 0%

Revenue by region

Fiscal years, as Jefferies Financial reports them in its 10-K filings; fiscal 2025 total $5.5B.

Regions202320242025Share
Americas$2.5B$3.4B$3.9B 71%
Europe and the Middle East$488M$1.1B$1.2B 22%
Asia-Pacific$243M$381M$417M 8%
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Questions

Where does Jefferies Financial make its money?

In fiscal 2025, by segment: Investment Banking and Capital Markets $5.1B, Asset Management $458M.

From Jefferies Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.