--- title: "Cohen | 8-K: FY2026 Q2 Revenue: USD 69.49 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/294691032.md" datetime: "2026-08-03T12:10:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294691032.md) - [en](https://longbridge.com/en/news/294691032.md) - [zh-HK](https://longbridge.com/zh-HK/news/294691032.md) generator: "portal-rs" --- # Cohen | 8-K: FY2026 Q2 Revenue: USD 69.49 M Revenue: As of FY2026 Q2, the actual value is USD 69.49 M. EPS: As of FY2026 Q2, the actual value is USD 0.94. EBIT: As of FY2026 Q2, the actual value is USD 11.1 M. ### Financial Highlights for the Three Months Ended June 30, 2026 (Q2 2026) #### Operational Performance - **Net Income Attributable to Cohen & Company Inc.**: Net income was $3.6 million in Q2 2026, an increase from $1.5 million in Q1 2026 and $1.4 million in Q2 2025. - **Adjusted Pre-Tax Income**: Adjusted pre-tax income for Q2 2026 was $10.1 million, up from $4.0 million in Q1 2026 and $5.5 million in Q2 2025. - **Operating Income**: Operating income for Q2 2026 was $12.4 million, significantly higher than $5.1 million in Q1 2026 and $7.5 million in Q2 2025. - **Compensation and Benefits Expense**: This expense increased to $48.2 million in Q2 2026, up $6.9 million from Q1 2026 and $3.9 million from Q2 2025, primarily due to fluctuations in revenue and related variable incentive compensation. - **Interest Expense, Net**: Interest expense was - $1.3 million in Q2 2026, which included - $1.2 million on trust preferred securities debt, - $76 thousand on senior promissory notes, and - $45 thousand on the bank credit facility. This compares to - $1.3 million in Q1 2026 and - $1.5 million in Q2 2025. - **Loss from Equity Method Affiliates**: The loss from equity method affiliates was - $3.0 million in Q2 2026, compared to a loss of - $0.5 million in Q1 2026 and - $1.4 million in Q2 2025. - **Income Tax Expense (Benefit)**: Income tax expense was $0.1 million in Q2 2026, contrasting with an income tax benefit of - $0.2 million in Q1 2026 and an expense of $0.8 million in Q2 2025. #### Balance Sheet Metrics - **Total Equity**: As of June 30, 2026, total equity was $109.3 million, an increase from $103.1 million as of December 31, 2025. - **Total Equity Excluding Non-Convertible Non-Controlling Interest**: This figure was $109.3 million as of June 30, 2026, representing a $6.6 million increase from $102.6 million as of December 31, 2025. #### Other Operational Metrics - **Employees**: The number of employees was 129 as of June 30, 2026, up from 128 as of March 31, 2026, and 118 as of June 30, 2025. - **Gestation Repo Book of Business**: This stood at $4.1 billion as of June 30, 2026. ### Financial Highlights for the Six Months Ended June 30, 2026 (H1 2026) #### Operational Performance - **Net Income Attributable to Cohen & Company Inc.**: For H1 2026, net income was $5.1 million, compared to $1.7 million in H1 2025. - **Adjusted Pre-Tax Income**: Adjusted pre-tax income for H1 2026 was $14.1 million, compared to $6.8 million in H1 2025. - **Operating Income**: Operating income for H1 2026 was $17.5 million, significantly higher than $7.6 million in H1 2025. - **Compensation and Benefits Expense**: This expense was $89.5 million in H1 2026, compared to $66.0 million in H1 2025. - **Interest Expense, Net**: Interest expense was - $2.6 million in H1 2026, compared to - $2.9 million in H1 2025. - **Income (Loss) from Equity Method Affiliates**: The loss from equity method affiliates was - $3.6 million in H1 2026, compared to an income of $981 thousand in H1 2025. - **Income Tax Expense (Benefit)**: Income tax benefit was - $41 thousand in H1 2026, compared to an expense of $910 thousand in H1 2025. #### Outlook and Guidance Cohen & Company Inc.’s CEO, Lester Brafman, expressed satisfaction with a solid quarter driven by strong performance in the full-service boutique investment bank and its expertise in SPAC and de-SPAC transactions. The company is encouraged by current momentum and seeks opportunities to increase revenue and profitability, remaining confident in future earnings potential and committed to creating long-term stockholder value. The Board of Directors declared a quarterly dividend of $0.25 per share, payable on September 2, 2026, and will continue to evaluate the dividend policy each quarter. ### Related Stocks - [COHN.US](https://longbridge.com/en/quote/COHN.US.md) ## Related News & Research - [Cohen & Company Q2 revenue rises on investment banking, trading strength](https://longbridge.com/en/news/294691076.md) - [Inflection Point Acquisition VIII issues 8 million private placement warrants at USD 1 each](https://longbridge.com/en/news/297626609.md) - [FirstWave Capital Management LLC Purchases 171,021 Shares of Ondas Holdings Inc. $ONDS](https://longbridge.com/en/news/298104201.md) - [Blank Check Co, Inflection Point Acquisition Corp VIII Files For IPO Of Up To $250 Million - SEC Filing](https://longbridge.com/en/news/295389785.md) - [Cohen & Co EVP, CFO and Treasurer Joseph W. Pooler Jr disposes of 8,795 common shares worth $103,970.25](https://longbridge.com/en/news/295278661.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**