Stifel Financial Operating Expenses Growth & History (SF)
Stifel Financial's operating expenses was $4.66B for fiscal 2025.
View full Stifel Financial company overviewStifel Financial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.66B | $616.7M | +15.26% |
| 2024 | 2024-12-31 | $4.04B | $399.6M | +10.97% |
| 2023 | 2023-12-31 | $3.64B | $135.9M | +3.88% |
| 2022 | 2022-12-31 | $3.51B | −$163.7M | −4.46% |
| 2021 | 2021-12-31 | $3.67B | $569.1M | +18.35% |
| 2020 | 2020-12-31 | $3.10B | $363.0M | +13.26% |
| 2019 | 2019-12-31 | $2.74B | $247.4M | +9.93% |
| 2018 | 2018-12-31 | $2.49B | −$166.4M | −6.26% |
| 2017 | 2017-12-31 | $2.66B | $224.0M | +9.21% |
| 2016 | 2016-12-31 | $2.43B | $242.9M | +11.09% |
| 2015 | 2015-12-31 | $2.19B | $272.4M | +14.20% |
| 2014 | 2014-12-31 | $1.92B | $129.4M | +7.24% |
| 2013 | 2013-12-31 | $1.79B | $423.9M | +31.07% |
| 2012 | 2012-12-31 | $1.36B | $109.4M | +8.72% |
| 2011 | 2011-12-31 | $1.25B | −$127.3M | −9.21% |
| 2010 | 2010-12-31 | $1.38B | $412.0M | +42.47% |
| 2009 | 2009-12-31 | $970.2M | $191.7M | +24.62% |
| 2008 | 2008-12-31 | $778.6M | — | — |
Stifel Financial quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.15B | $80.9M | +7.56% |
| Q1 2026 | 2026-03-31 | $1.15B | −$40.0M | −3.36% |
| Q4 2025 | 2025-12-31 | $1.25B | $154.2M | +14.04% |
| Q3 2025 | 2025-09-30 | $1.14B | $135.3M | +13.43% |
| Q2 2025 | 2025-06-30 | $1.07B | $79.4M | +8.01% |
| Q1 2025 | 2025-03-31 | $1.19B | $247.8M | +26.24% |
| Q4 2024 | 2024-12-31 | $1.10B | $158.1M | +16.81% |
| Q3 2024 | 2024-09-30 | $1.01B | $72.4M | +7.74% |
| Q2 2024 | 2024-06-30 | $991.0M | $121.7M | +14.00% |
| Q1 2024 | 2024-03-31 | $944.3M | $47.4M | +5.29% |
| Q4 2023 | 2023-12-31 | $940.4M | $52.4M | +5.91% |
| Q3 2023 | 2023-09-30 | $935.6M | $96.3M | +11.47% |
| Q2 2023 | 2023-06-30 | $869.3M | −$20.2M | −2.28% |
| Q1 2023 | 2023-03-31 | $896.9M | $7.5M | +0.84% |
| Q4 2022 | 2022-12-31 | $888.0M | −$97.6M | −9.90% |
| Q3 2022 | 2022-09-30 | $839.4M | −$49.1M | −5.52% |
| Q2 2022 | 2022-06-30 | $889.6M | $474,000 | +0.05% |
| Q1 2022 | 2022-03-31 | $889.4M | −$17.5M | −1.93% |
| Q4 2021 | 2021-12-31 | $985.6M | $160.4M | +19.43% |
| Q3 2021 | 2021-09-30 | $888.4M | $163.5M | +22.56% |
| Q2 2021 | 2021-06-30 | $889.1M | $136.3M | +18.10% |
| Q1 2021 | 2021-03-31 | $906.9M | $109.0M | +13.66% |
| Q4 2020 | 2020-12-31 | $825.2M | $43.6M | +5.57% |
| Q3 2020 | 2020-09-30 | $724.9M | $54.1M | +8.06% |
| Q2 2020 | 2020-06-30 | $752.9M | $100.1M | +15.33% |
| Q1 2020 | 2020-03-31 | $797.9M | $165.3M | +26.13% |
| Q4 2019 | 2019-12-31 | $781.7M | $144.1M | +22.61% |
| Q3 2019 | 2019-09-30 | $670.8M | $73.0M | +12.21% |
| Q2 2019 | 2019-06-30 | $652.8M | $28.4M | +4.55% |
| Q1 2019 | 2019-03-31 | $632.6M | $1.8M | +0.29% |
| Q4 2018 | 2018-12-31 | $637.5M | −$167.4M | −20.80% |
| Q3 2018 | 2018-09-30 | $597.8M | −$15.2M | −2.48% |
| Q2 2018 | 2018-06-30 | $624.4M | −$18.1M | −2.81% |
| Q1 2018 | 2018-03-31 | $630.8M | $34.3M | +5.75% |
| Q4 2017 | 2017-12-31 | $804.9M | $198.4M | +32.71% |
| Q3 2017 | 2017-09-30 | $613.0M | −$974,000 | −0.16% |
| Q2 2017 | 2017-06-30 | $642.4M | $6.1M | +0.96% |
| Q1 2017 | 2017-03-31 | $596.5M | $20.5M | +3.55% |
| Q4 2016 | 2016-12-31 | $606.5M | $36.3M | +6.36% |
| Q3 2016 | 2016-09-30 | $614.0M | $44.8M | +7.87% |
| Q2 2016 | 2016-06-30 | $636.4M | $76.7M | +13.70% |
| Q1 2016 | 2016-03-31 | $576.1M | $85.1M | +17.34% |
| Q4 2015 | 2015-12-31 | $570.2M | $61.5M | +12.09% |
| Q3 2015 | 2015-09-30 | $569.2M | $111.5M | +24.37% |
| Q2 2015 | 2015-06-30 | $559.7M | $77.1M | +15.97% |
| Q1 2015 | 2015-03-31 | $490.9M | $22.3M | +4.76% |
| Q4 2014 | 2014-12-31 | $508.7M | $24.2M | +4.99% |
| Q3 2014 | 2014-09-30 | $457.7M | $10.1M | +2.25% |
| Q2 2014 | 2014-06-30 | $482.6M | $41.5M | +9.41% |
| Q1 2014 | 2014-03-31 | $468.6M | $53.7M | +12.93% |
| Q4 2013 | 2013-12-31 | $484.5M | $127.8M | +35.81% |
| Q3 2013 | 2013-09-30 | $447.6M | $94.6M | +26.81% |
| Q2 2013 | 2013-06-30 | $441.1M | $110.6M | +33.45% |
| Q1 2013 | 2013-03-31 | $414.9M | $73.9M | +21.66% |
| Q4 2012 | 2012-12-31 | $356.8M | $44.9M | +14.40% |
| Q3 2012 | 2012-09-30 | $353.0M | $57.8M | +19.58% |
| Q2 2012 | 2012-06-30 | $330.5M | −$24.4M | −6.89% |
| Q1 2012 | 2012-03-31 | $341.1M | $25.1M | +7.96% |
| Q4 2011 | 2011-12-31 | $311.9M | −$22.9M | −6.85% |
| Q3 2011 | 2011-09-30 | $295.2M | −$187.8M | −38.88% |
| Q2 2011 | 2011-06-30 | $355.0M | $62.9M | +21.54% |
| Q1 2011 | 2011-03-31 | $315.9M | $43.5M | +15.95% |
| Q4 2010 | 2010-12-31 | $334.8M | — | — |
| Q3 2010 | 2010-09-30 | $482.9M | $224.1M | +86.58% |
| Q2 2010 | 2010-06-30 | $292.1M | $56.7M | +24.07% |
| Q1 2010 | 2010-03-31 | $272.5M | — | — |
| Q3 2009 | 2009-09-30 | $258.8M | — | — |
| Q2 2009 | 2009-06-30 | $235.4M | — | — |
Stifel Financial operating expenses trends
Over the last five fiscal years, Stifel Financial's operating expenses increased from $3.10B to $4.66B, a change of $1.56B. The latest reported quarter, Q2 2026, shows $1.15B.
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 Stifel Financial source filings ↗