Jefferies Financial Group Inc. (JEF) Form 10-Q — Oct 9, 2026
Jefferies reported fiscal Q3 2026 net revenues of $2.22 billion, up 8.5% from $2.05 billion a year earlier, with net earnings of $288 million and diluted voting EPS of $1.18 versus $1.01. Investment banking revenue led the way at $1.30 billion, up roughly 20% year-over-year, while the nine-month net revenue total reached $6.45 billion. The quarter was not without blemishes: Jefferies recorded a $58.2 million goodwill impairment on Tessellis S.p.A. ahead of its planned sale, and the Asset Management segment posted a $79 million pre-tax loss for the quarter.
Key figures
- Eps
- 1.18
- Revenue
- 3230798000
- Net Income
- 288253000
- Total Debt
- 18458995000
- Total Assets
- 81301858000
- Cash Position
- 16883584000
- Total equity
- 10752444000
- Buyback avg price
- 53.25
- Net revenues yoy q3
- +8.5% vs $2,047.4M
- Buybacks nine months
- 441200000
- Effective tax rate q3
- 17.9%
- Nine month net earnings
- 697577000
- Nine month net revenues
- 6445515000
- Shares outstanding total
- 229657741
- New buyback authorization
- 250000000
- Smbc ownership fully diluted
- 19.6%
- Goodwill impairment tessellis
- 58240000
- Investment banking revenue q3
- 1303833000
- Nine month diluted eps voting
- 2.88
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