Siebert Financial 2025 operating income falls despite revenue growth

Siebert Financial

30/03/2026 23:39

Overview

U.S. financial services provider's 2025 revenue rose 12% to $94.2 mln

Operating income fell due to investments in new business lines and technology

Stock borrow/loan revenue rose 51%, and company launched NIL negotiation services

Outlook

Siebert enters 2026 with a more diversified revenue base and momentum in key business areas

Company aims to grow recurring and higher-quality revenue streams and improve operating margin over time

Siebert plans to scale new initiatives and deepen client relationships in 2026

Result Drivers

STOCK BORROW/LOAN GROWTH - Stock borrow/loan revenue increased 51% to $29 mln, contributing to overall revenue growth

INVESTMENTS IN NEW BUSINESS LINES AND TECHNOLOGY - Operating income declined mainly due to spending on new business lines and technology initiatives, per CFO Andrew Reich

NEW REVENUE STREAMS - Company began generating revenue from NIL negotiation services, totaling $0.6 mln in 2025

Company press release: ID:nGNX91Jf1v

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
$94.2 mln


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)