Raymond James Financial, Inc. (RJF) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	16.9B	15.9B	14.7B	12.8B	11.2B
Cost of Revenue	2.8B	1.9B	2.1B	1.5B	405.0M
Gross Profit	14.1B	14.0B	12.6B	11.3B	10.8B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	10.7B	7.2B	8.2B	7.3B	7.3B
General & Admin Expense	10.6B	7.2B	8.2B	7.3B	7.3B
Selling & Marketing Expense	75.0M	—	—	—	—
Other Expenses	536.0M	2.2B	1.7B	1.8B	1.4B
Total Operating Expenses	11.2B	9.5B	10.0B	9.1B	8.7B
Cost and Expenses	14.0B	11.4B	12.1B	10.6B	9.1B
Operating Income (EBIT)	2.9B	4.6B	2.6B	2.3B	2.0B
Non-Operating
Interest Income	4.0B	4.0B	4.2B	3.7B	1.5B
Interest Expense	873.0M	1.8B	2.1B	1.4B	305.0M
Net Interest Income	3.1B	2.1B	2.1B	2.4B	1.2B
Other Non-Op Income/Expense	—	(1.8B)	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	2.9B	2.7B	2.6B	2.3B	2.0B
Income Tax Expense	638.0M	579.0M	575.0M	541.0M	513.0M
Bottom Line
Net Income	2.3B	2.1B	2.1B	1.7B	1.5B
Earnings from Cont. Ops	2.3B	2.1B	2.1B	1.7B	1.5B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	2.3B	2.1B	2.1B	1.7B	1.5B
Per Share
Basic EPS	$11.69	$10.53	$9.94	$8.16	$7.16
Diluted EPS	$11.48	$10.30	$9.70	$7.97	$6.98
Revenue Per Share	$87.27	$78.77	$71.18	$60.63	$53.15
Shares
Basic Shares Outstanding	194.0M	202.0M	207.1M	211.8M	209.9M
Diluted Shares Outstanding	197.2M	206.6M	212.3M	216.9M	215.3M
Profitability Metrics
EBITDA	3.1B	4.8B	2.8B	2.4B	2.2B
D&A	151.0M	195.0M	179.0M	165.0M	145.0M
EBIT	2.9B	4.6B	2.6B	2.3B	2.0B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026