SIEBERT FINANCIAL CORP
For the period ended Mar 31, 2026. Filed May 15, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 15, 2026
SIEB$1.810.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue | ||
| Commissions and fees | $2,325,000 | $2,102,000 |
| Interest, marketing and distribution fees | 5,874,000 | 6,945,000 |
| Principal transactions and proprietary trading | 3,928,000 | 12,961,000 |
| Market making | 545,000 | 552,000 |
| Stock borrow / stock loan | 6,831,000 | 4,837,000 |
| Advisory fees | 1,010,000 | 748,000 |
| Other income | 1,384,000 | 774,000 |
| Investment banking | 1,573,000 | — |
| Total Revenue | 23,470,000 | 28,919,000 |
| Expenses | ||
| Employee compensation and benefits | 16,172,000 | 11,922,000 |
| Clearing fees, including execution costs | 597,000 | 454,000 |
| Technology and communications | 1,805,000 | 1,105,000 |
| Other general and administrative | 1,733,000 | 1,509,000 |
| Data processing | 1,286,000 | 949,000 |
| Rent and occupancy | 454,000 | 467,000 |
| Professional fees | 1,698,000 | 1,359,000 |
| Depreciation and amortization | 690,000 | 415,000 |
| Goodwill impairment | 330,000 | — |
| Intangible asset impairment | 454,000 | — |
| Interest expense | 218,000 | 89,000 |
| Advertising and promotion | 900,000 | 154,000 |
| Total Expenses | 26,337,000 | 18,423,000 |
| Operating income (loss) | (2,867,000) | 10,496,000 |
| Income (loss) before provision for (benefit from) income taxes | (2,867,000) | 10,496,000 |
| Provision for (benefit from) income taxes | (895,000) | 1,835,000 |
| Net income (loss) | (1,972,000) | 8,661,000 |
| Less net loss attributable to noncontrolling interests | — | (3,000) |
| Net income (loss) available to common stockholders | $(1,972,000) | $8,664,000 |
| Net income (loss) available to common stockholders per share of common stock | ||
| Basic and diluted | $(0.05) | $0.22 |
| Weighted average shares outstanding | ||
| Basic and diluted | 40,802,936 | 40,192,036 |
-2 -
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.