Filing Flows › Siebert Financial (SIEB) › Q1 2025
Siebert Financial (SIEB) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Siebert Financial (SIEB) reported revenue of $28.9M for the first quarter 2025 (Q1 2025), +41% from a year earlier and +44% from the quarter before. Operating margin was 36.3%, net earnings $8.7M (29.9% of revenue).
Siebert Financial, Q1 2025: revenue $28.9M (+41% year over year), operating margin 36.3%, net earnings $8.7M, operating cash flow −$34.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.9M | +44% | +41% |
| Operating profit | $10.5M | +439% | +106% |
| Net earnings | $8.7M | +399% | +135% |
| Operating cash flow | −$34.5M | -155% | — |
What changed
Revenue was $28.9M in Q1 2025, up 41% year over year and up 44% from the previous quarter.
Operating profit was $10.5M, a 36.3% margin (up 11.4 points year over year). Of the extra revenue versus a year earlier, 64% reached operating profit, above the 25% margin then. Total costs grew 20% against revenue growth of 41%. Net earnings were $8.7M, up 135% year over year. The effective tax rate was 17.5%.
Operating cash flow was −$34.5M. Non-cash charges added back $415K of depreciation and amortization and $554K of share-based compensation. Working capital and other items used $44.1M. Capital expenditures of $63K exceeded it, leaving free cash flow of −$34.5M.
Questions
What was Siebert Financial's revenue in the first quarter 2025?
Siebert Financial (SIEB) reported revenue of $28.9M for the first quarter 2025 (Q1 2025), +41% from a year earlier and +44% from the quarter before.
Was Siebert Financial profitable in the first quarter 2025?
Operating profit was $10.5M (36.3% of revenue) and net earnings $8.7M.
Source: Siebert Financial 10-Q on SEC EDGAR.