Raymond James Financial Operating Expenses Growth & History (RJF)
Raymond James Financial's operating expenses was $11.35B for fiscal 2025.
View full Raymond James Financial company overviewRaymond James Financial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $11.35B | $1.17B | +11.52% |
| 2024 | 2024-09-30 | $10.18B | $839.0M | +8.98% |
| 2023 | 2023-09-30 | $9.34B | $358.0M | +3.99% |
| 2022 | 2022-09-30 | $8.98B | $1.01B | +12.70% |
| 2021 | 2021-09-30 | $7.97B | $1.03B | +14.86% |
| 2020 | 2020-09-30 | $6.94B | $573.0M | +9.00% |
| 2019 | 2019-09-30 | $6.37B | $402.0M | +6.74% |
| 2018 | 2018-09-30 | $5.96B | $517.0M | +9.49% |
| 2017 | 2017-09-30 | $5.45B | $852.9M | +18.57% |
| 2016 | 2016-09-30 | $4.59B | $204.1M | +4.65% |
| 2015 | 2015-09-30 | $4.39B | $243.6M | +5.88% |
| 2014 | 2014-09-30 | $4.15B | $253.9M | +6.52% |
| 2013 | 2013-09-30 | $3.89B | $552.9M | +16.56% |
| 2012 | 2012-09-30 | $3.34B | $455.3M | +15.79% |
| 2011 | 2011-09-30 | $2.88B | $322.8M | +12.61% |
| 2010 | 2010-09-30 | $2.56B | $251.4M | +10.89% |
| 2009 | 2009-09-30 | $2.31B | −$121.0M | −4.98% |
| 2008 | 2008-09-30 | $2.43B | — | — |
Raymond James Financial quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $3.18B | $343.0M | +12.10% |
| Q2 2026 | 2026-03-31 | $3.12B | $392.0M | +14.35% |
| Q1 2026 | 2025-12-31 | $3.01B | $219.0M | +7.86% |
| Q4 2025 | 2025-09-30 | $3.00B | $294.0M | +10.88% |
| Q3 2025 | 2025-06-30 | $2.83B | $251.0M | +9.71% |
| Q2 2025 | 2025-03-31 | $2.73B | $223.0M | +8.89% |
| Q1 2025 | 2024-12-31 | $2.79B | $405.0M | +17.00% |
| Q4 2024 | 2024-09-30 | $2.70B | $234.0M | +9.48% |
| Q3 2024 | 2024-06-30 | $2.58B | $163.0M | +6.73% |
| Q2 2024 | 2024-03-31 | $2.51B | $193.0M | +8.33% |
| Q1 2024 | 2023-12-31 | $2.38B | $249.0M | +11.67% |
| Q4 2023 | 2023-09-30 | $2.47B | $253.0M | +11.42% |
| Q3 2023 | 2023-06-30 | $2.42B | $118.0M | +5.12% |
| Q2 2023 | 2023-03-31 | $2.32B | $76.0M | +3.39% |
| Q1 2023 | 2022-12-31 | $2.13B | −$89.0M | −4.00% |
| Q4 2022 | 2022-09-30 | $2.21B | $80.0M | +3.75% |
| Q3 2022 | 2022-06-30 | $2.30B | $217.0M | +10.40% |
| Q2 2022 | 2022-03-31 | $2.24B | $315.0M | +16.36% |
| Q1 2022 | 2021-12-31 | $2.22B | $400.0M | +21.94% |
| Q4 2021 | 2021-09-30 | $2.13B | $312.0M | +17.11% |
| Q3 2021 | 2021-06-30 | $2.09B | $450.0M | +27.51% |
| Q2 2021 | 2021-03-31 | $1.93B | $96.0M | +5.25% |
| Q1 2021 | 2020-12-31 | $1.82B | $173.0M | +10.48% |
| Q4 2020 | 2020-09-30 | $1.82B | $154.0M | +9.23% |
| Q3 2020 | 2020-06-30 | $1.64B | $51.0M | +3.22% |
| Q2 2020 | 2020-03-31 | $1.83B | $317.0M | +20.97% |
| Q1 2020 | 2019-12-31 | $1.65B | $51.0M | +3.19% |
| Q4 2019 | 2019-09-30 | $1.67B | $120.0M | +7.75% |
| Q3 2019 | 2019-06-30 | $1.58B | $66.0M | +4.34% |
| Q2 2019 | 2019-03-31 | $1.51B | $32.0M | +2.16% |
| Q1 2019 | 2018-12-31 | $1.60B | $184.0M | +13.00% |
| Q4 2018 | 2018-09-30 | $1.55B | $138.2M | +9.80% |
| Q3 2018 | 2018-06-30 | $1.52B | $171.4M | +12.72% |
| Q2 2018 | 2018-03-31 | $1.48B | $77.7M | +5.54% |
| Q1 2018 | 2017-12-31 | $1.42B | $129.7M | +10.09% |
| Q4 2017 | 2017-09-30 | $1.41B | $193.7M | +15.92% |
| Q3 2017 | 2017-06-30 | $1.35B | $193.5M | +16.77% |
| Q2 2017 | 2017-03-31 | $1.40B | $284.4M | +25.44% |
| Q1 2017 | 2016-12-31 | $1.29B | $181.2M | +16.41% |
| Q4 2016 | 2016-09-30 | $1.22B | $111.7M | +10.10% |
| Q3 2016 | 2016-06-30 | $1.15B | $34.4M | +3.07% |
| Q2 2016 | 2016-03-31 | $1.12B | $7.7M | +0.70% |
| Q1 2016 | 2015-12-31 | $1.10B | $50.3M | +4.77% |
| Q4 2015 | 2015-09-30 | $1.11B | $25.5M | +2.36% |
| Q3 2015 | 2015-06-30 | $1.12B | $84.4M | +8.15% |
| Q2 2015 | 2015-03-31 | $1.11B | $84.5M | +8.24% |
| Q1 2015 | 2014-12-31 | $1.05B | $49.2M | +4.90% |
| Q4 2014 | 2014-09-30 | $1.08B | $115.1M | +11.93% |
| Q3 2014 | 2014-06-30 | $1.04B | $54.7M | +5.57% |
| Q2 2014 | 2014-03-31 | $1.03B | $41.9M | +4.25% |
| Q1 2014 | 2013-12-31 | $1.00B | $42.3M | +4.39% |
| Q4 2013 | 2013-09-30 | $964.8M | $16.5M | +1.74% |
| Q3 2013 | 2013-06-30 | $980.6M | $32.4M | +3.42% |
| Q2 2013 | 2013-03-31 | $983.8M | $219.8M | +28.76% |
| Q1 2013 | 2012-12-31 | $962.3M | $284.2M | +41.91% |
| Q4 2012 | 2012-09-30 | $948.2M | $249.1M | +35.64% |
| Q3 2012 | 2012-06-30 | $948.2M | $178.9M | +23.26% |
| Q2 2012 | 2012-03-31 | $764.0M | $36.2M | +4.98% |
| Q1 2012 | 2011-12-31 | $678.1M | −$9.0M | −1.30% |
| Q4 2011 | 2011-09-30 | $699.1M | $50.7M | +7.82% |
| Q3 2011 | 2011-06-30 | $769.3M | $117.3M | +17.99% |
| Q2 2011 | 2011-03-31 | $727.8M | $87.6M | +13.68% |
| Q1 2011 | 2010-12-31 | $687.1M | $67.2M | +10.85% |
| Q4 2010 | 2010-09-30 | $648.4M | — | — |
| Q3 2010 | 2010-06-30 | $652.0M | $99.2M | +17.95% |
| Q2 2010 | 2010-03-31 | $640.2M | — | — |
| Q1 2010 | 2009-12-31 | $619.9M | — | — |
| Q3 2009 | 2009-06-30 | $552.8M | — | — |
Raymond James Financial operating expenses trends
Over the last five fiscal years, Raymond James Financial's operating expenses increased from $6.94B to $11.35B, a change of $4.41B. The latest reported quarter, Q3 2026, shows $3.18B.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Raymond James Financial source filings ↗