Oppenheimer (OPY) financial statements
Oppenheimer reported revenue of $1.6B in fiscal 2025, up 7.5% a year over 9 years.
Net income was $148M.
Free cash flow was $184M, and the company returned $8M in dividends and $3M in net buybacks.
The diluted share count fell 15% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Oppenheimer's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $858M | $920M | $958M | $1.0B | $1.2B | $1.4B | $1.1B | $1.2B | $1.4B | $1.6B |
| Operating income | — | — | $45M | $75M | $169M | $225M | $46M | $47M | $106M | $211M |
| Interest expense | $19M | $28M | $46M | $46M | $16M | $10M | $24M | $69M | — | — |
| Pre-tax income | -$22M | $20M | $45M | $75M | $169M | $225M | $46M | $47M | $106M | $211M |
| Income tax | — | — | $16M | $22M | $46M | $66M | $13M | $16M | $35M | $63M |
| Net income | -$1M | $23M | $29M | $53M | $123M | $159M | $32M | $30M | $72M | $148M |
| EPS (diluted) | -$0.09 | $1.67 | $2.05 | $3.82 | $9.30 | $11.70 | $2.57 | $2.59 | $6.37 | $13.04 |
| Diluted shares | 13M | 14M | 14M | 14M | 13M | 14M | 13M | 12M | 11M | 11M |
| Operating margin | — | — | 4.7% | 7.2% | 14.1% | 16.1% | 4.1% | 3.7% | 7.4% | 12.9% |
| Net margin | -0.1% | 2.5% | 3.0% | 5.1% | 10.3% | 11.4% | 2.9% | 2.4% | 5.0% | 9.1% |
Balance sheet
Fiscal years, from Oppenheimer's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $65M | $48M | $91M | $80M | $35M | $214M | $112M | $29M | $33M | $38M |
| Property, plant and equipment | $27M | $27M | $29M | $31M | $28M | $28M | $37M | $44M | $38M | $32M |
| Goodwill | $138M | $138M | $138M | $138M | $138M | $138M | $138M | $142M | $144M | $144M |
| Total assets | $2.2B | $2.4B | $2.2B | $2.5B | $2.7B | $3.0B | $2.7B | $2.9B | $3.4B | $3.7B |
| Total liabilities | $1.7B | $1.9B | $1.7B | $1.9B | $2.0B | $2.1B | $1.9B | $2.1B | $2.5B | $2.7B |
| Shareholders' equity | $511M | $524M | $545M | $593M | $686M | $823M | $794M | $789M | $850M | $984M |
| Net debt | -$65M | -$48M | -$91M | -$80M | -$35M | -$214M | -$112M | -$29M | -$33M | -$38M |
Cash flow
Fiscal years, from Oppenheimer's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$67M | -$16M | $169M | $79M | -$54M | $228M | $64M | -$19M | -$108M | $189M |
| Capital spending | $6M | $6M | $9M | $10M | $5M | $8M | $16M | $17M | $5M | $5M |
| Free cash flow | -$73M | -$22M | $160M | $69M | -$59M | $220M | $48M | -$36M | -$113M | $184M |
| Stock-based compensation | $6M | $13M | $7M | $12M | $16M | $31M | $16M | $17M | $46M | $32M |
| Dividends paid | $6M | $6M | $6M | $6M | $19M | $19M | $7M | $6M | $7M | $8M |
| Share buybacks (net) | -$4M | -$7M | -$6M | -$8M | -$15M | -$8M | -$61M | -$35M | -$10M | -$3M |
| Net borrowing | — | $50M | — | $0 | -$1M | $0 | -$11M | -$1M | $0 | $0 |
| Free cash flow margin | -8.5% | -2.4% | 16.7% | 6.7% | -4.9% | 15.7% | 4.3% | -2.9% | -7.9% | 11.2% |
| Dividends per share | $0.44 | $0.43 | $0.41 | $0.43 | $1.41 | $1.43 | $0.56 | $0.55 | $0.61 | $0.67 |
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What was Oppenheimer's revenue in 2025?
$1.6B in fiscal 2025, from its 10-K filing.
How much free cash flow does Oppenheimer generate?
$184M in fiscal 2025 (operating cash flow minus capital spending).
From Oppenheimer's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.