SIEBERT FINANCIAL CORP
For the period ended Jun 30, 2026. Filed Aug 11, 2026.
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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.
Jun 30, 2026 · Filed Aug 11, 2026
SIEB$1.810.0%Stored close · as of Nov 10, 2026
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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | ||||
| Stock borrow / stock loan | $10,791,000 | $7,522,000 | $17,622,000 | $12,359,000 |
| Interest, marketing and distribution fees | 6,185,000 | 6,869,000 | 12,059,000 | 13,814,000 |
| Principal transactions and proprietary trading | 6,092,000 | (3,977,000) | 10,020,000 | 8,984,000 |
| Commissions and fees | 2,660,000 | 2,014,000 | 4,985,000 | 4,116,000 |
| Investment banking | 2,435,000 | 206,000 | 4,008,000 | 206,000 |
| Other income | 1,642,000 | 952,000 | 3,026,000 | 1,726,000 |
| Advisory fees | 1,035,000 | 791,000 | 2,045,000 | 1,539,000 |
| Market making | 334,000 | 497,000 | 879,000 | 1,049,000 |
| Total Revenue | 31,174,000 | 14,874,000 | 54,644,000 | 43,793,000 |
| Expenses | ||||
| Employee compensation and benefits | 19,235,000 | 13,388,000 | 35,407,000 | 25,310,000 |
| Clearing fees, including execution costs | 860,000 | 448,000 | 1,457,000 | 902,000 |
| Technology and communications | 1,934,000 | 1,045,000 | 3,739,000 | 2,150,000 |
| Other general and administrative | 2,064,000 | 1,840,000 | 3,797,000 | 3,349,000 |
| Data processing | 1,754,000 | 1,147,000 | 3,040,000 | 2,096,000 |
| Rent and occupancy | 529,000 | 442,000 | 983,000 | 909,000 |
| Professional fees | 2,060,000 | 1,451,000 | 3,758,000 | 2,810,000 |
| Depreciation and amortization | 671,000 | 629,000 | 1,361,000 | 1,044,000 |
| Advertising and promotion | 836,000 | 218,000 | 1,736,000 | 372,000 |
| Interest expense | 228,000 | 98,000 | 446,000 | 187,000 |
| Settlement expense | 1,475,000 | — | 1,475,000 | — |
| Intangible asset impairment | — | — | 454,000 | — |
| Goodwill impairment | — | — | 330,000 | — |
| Total Expenses | 31,646,000 | 20,706,000 | 57,983,000 | 39,129,000 |
| Operating income (loss) | (472,000) | (5,832,000) | (3,339,000) | 4,664,000 |
| Income (loss) before provision for (benefit from) income taxes | (472,000) | (5,832,000) | (3,339,000) | 4,664,000 |
| Provision for (benefit from) income taxes | (146,000) | (1,113,000) | (1,041,000) | 722,000 |
| Net income (loss) | (326,000) | (4,719,000) | (2,298,000) | 3,942,000 |
| Less net loss attributable to noncontrolling interests | — | — | — | (3,000) |
| Net income (loss) available to common stockholders | $(326,000) | $(4,719,000) | $(2,298,000) | $3,945,000 |
| Net income (loss) available to common stockholders per share of common stock | ||||
| Basic and diluted | $(0.01) | $(0.12) | $(0.06) | $0.10 |
| Weighted average shares outstanding | ||||
| Basic and diluted | 40,977,420 | 40,399,958 | 40,890,660 | 40,296,571 |
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