Filing Flows › Siebert Financial (SIEB) › Q2 2026 › vs Q2 2025
Siebert Financial (SIEB) Q2 2026 vs Q2 2025 (year over year)
Siebert Financial's revenue rose $16.3M (+110%) from $14.9M in Q2 2025 to $31.2M in Q2 2026. The biggest changes: Revenues from Contracts with Customers +$16.3M (+304%).
Siebert Financial, Q2 2026: revenue $31.2M (+110% year over year), operating margin -1.5%, net loss $326K, operating cash flow −$2.6M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Stock borrow / stock loan | $10.8M | $7.5M | $3.3M | +43% |
| Interest, marketing and distribution fees | $6.2M | $6.9M | −$684K | -10% |
| Principal transactions and proprietary trading | $6.1M | −$4.0M | $10.1M | — |
| Commissions and fees | $2.7M | $2.0M | $646K | +32% |
| Investment Banking | $2.4M | $206K | $2.2M | 12× |
| Other income | $1.4M | $839K | $522K | +62% |
| Advisory fees | $1.0M | $791K | $244K | +31% |
| Market making | $334K | $497K | −$163K | -33% |
| Music and artist services revenue | $169K | $113K | $56K | +50% |
| Revenues from Contracts with Customers | $21.7M | $5.4M | $16.3M | +304% |
| Revenue | $31.2M | $14.9M | $16.3M | +110% |
| Income tax benefit | $146K | $1.1M | −$967K | -87% |
| Net loss | $326K | $4.7M | −$4.4M | -93% |
| Costs & expenses | $31.6M | $20.7M | $10.9M | +53% |
| Operating costs | $31.6M | $20.7M | $10.9M | +53% |
| Operating cash sources | $3.6M | $433K | $3.2M | +732% |
| Depreciation & amortization | $671K | $629K | $42K | +7% |
| Share-based compensation | $368K | $435K | −$67K | -15% |
| Cash used in operations | $2.6M | −$631K | $3.2M | — |
| Net loss absorbed | $326K | $4.7M | −$4.4M | -93% |
| Working capital & other | $3.3M | −$4.3M | $7.6M | — |
Questions
How much did Siebert Financial's revenue grow year over year in Q2 2026?
Siebert Financial's revenue rose $16.3M (+110%) from $14.9M in Q2 2025 to $31.2M in Q2 2026.
What drove Siebert Financial's revenue change in Q2 2026?
Revenues from Contracts with Customers +$16.3M (+304%).