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Stifel Financial (SF) operating margin by quarter

Stifel Financial's operating margin was 18.9% in Q3 2026 (third quarter 2026), +0.7 pts from Q2 2026. Over the last 7 quarters it ranged from 4.3% (Q1 2025) to 19.6% (Q1 2026).

Stifel Financial operating margin by quarterStifel Financial operating margin by quarter4.3%Q1 202514.3%Q2 202517.5%Q3 202517.6%Q4 202519.6%Q1 202618.3%Q2 202618.9%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202618.9%+0.7 pts+1.4 pts
Q2 202618.3%-1.3 pts+3.9 pts
Q1 202619.6%+2.0 pts+15.3 pts
Q4 202517.6%+0.1 pts—
Q3 202517.5%+3.2 pts—
Q2 202514.3%+10.0 pts—
Q1 20254.3%——

Q3 2026 at a glance

Stifel Financial, Q3 2026: revenue $1.6B (0% year over year), operating margin 18.9%, net earnings $234M, operating cash flow $801M. The chart follows the revenue to costs, profit and cash.

Questions

What is Stifel Financial's operating margin?

Stifel Financial's operating margin was 18.9% in Q3 2026 (third quarter 2026), +0.7 pts from Q2 2026.

How has Stifel Financial's operating margin changed?

Over the last 7 quarters it ranged from 4.3% (Q1 2025) to 19.6% (Q1 2026).

Q3 2026 results → · How Stifel Financial makes money →