Revenue: As of FY2026 Q1, the actual value is USD 23.47 M.

EPS: As of FY2026 Q1, the actual value is USD -0.05.

EBIT: As of FY2026 Q1, the actual value is USD -5.051 M.

Financial Services Segment

• Total Revenue:
  • For the three months ended March 31, 2026, total revenue was $23,127,000 .
  • For the three months ended March 31, 2025, total revenue was $28,919,000 .
• Key Revenue Categories (Three months ended March 31, 2026 vs. 2025):
  • Commissions and fees were $2,325,000 in 2026 compared to $2,102,000 in 2025 .
  • Interest, marketing, and distribution fees were $5,874,000 in 2026 compared to $6,945,000 in 2025 .
  • Principal transactions and proprietary trading generated $3,928,000 in 2026, a decrease from $12,961,000 in 2025 .
  • Investment banking revenue increased to $1,573,000 in 2026 from $0 in 2025 .
  • Market making revenue was $545,000 in 2026, slightly down from $552,000 in 2025 .
  • Stock borrow / stock loan revenue increased to $6,831,000 in 2026 from $4,837,000 in 2025 .
  • Advisory fees grew to $1,010,000 in 2026 from $748,000 in 2025 .
  • Other income was $1,041,000 in 2026 compared to $774,000 in 2025 .
• Total Expenses:
  • Total expenses for the three months ended March 31, 2026, were $24,229,000 .
  • Total expenses for the three months ended March 31, 2025, were $18,382,000 .
• Operating Income (Loss):
  • The segment reported an operating loss of - $1,102,000 for the three months ended March 31, 2026 .
  • The segment reported an operating income of $10,537,000 for the three months ended March 31, 2025 .

Media, Sports and Entertainment Segment

• Total Revenue:
  • For the three months ended March 31, 2026, total revenue was $343,000 .
  • For the three months ended March 31, 2025, total revenue was $0 .
• Key Revenue Categories (Three months ended March 31, 2026 vs. 2025):
  • Music and artist services revenue was $248,000 in 2026, up from $0 in 2025 .
  • NIL revenue was $95,000 in 2026, up from $0 in 2025 .
• Total Expenses:
  • Total expenses for the three months ended March 31, 2026, were $2,108,000 .
  • Total expenses for the three months ended March 31, 2025, were $41,000 .
• Operating Income (Loss):
  • The segment reported an operating loss of - $1,765,000 for the three months ended March 31, 2026 .
  • The segment reported an operating loss of - $41,000 for the three months ended March 31, 2025 .

Consolidated Operational Metrics

• Net Income (Loss):
  • Net loss for the three months ended March 31, 2026, was - $1,972,000 .
  • Net income for the three months ended March 31, 2025, was $8,661,000 .
• Operating Income (Loss):
  • Operating loss for the three months ended March 31, 2026, was - $2,867,000 .
  • Operating income for the three months ended March 31, 2025, was $10,496,000 .
• Total Revenue:
  • Consolidated total revenue for the three months ended March 31, 2026, was $23,470,000 .
  • Consolidated total revenue for the three months ended March 31, 2025, was $28,919,000 .
• Total Expenses:
  • Consolidated total expenses for the three months ended March 31, 2026, were $26,337,000 .
  • Consolidated total expenses for the three months ended March 31, 2025, were $18,423,000 .
• Provision for (Benefit from) Income Taxes:
  • The benefit from income taxes for the three months ended March 31, 2026, was - $895,000 .
  • The provision for income taxes for the three months ended March 31, 2025, was $1,835,000 .

Cash Flow

• Net cash used in operating activities:
  • For the three months ended March 31, 2026, net cash used was - $26,105,000 .
  • For the three months ended March 31, 2025, net cash used was - $34,461,000 .
• Net cash used in investing activities:
  • For the three months ended March 31, 2026, net cash used was - $976,000 .
  • For the three months ended March 31, 2025, net cash used was - $1,147,000 .
• Net cash used in financing activities:
  • For the three months ended March 31, 2026, net cash used was - $23,000 .
  • For the three months ended March 31, 2025, net cash used was - $58,000 .
• Net change in cash and cash equivalents, and cash segregated for regulatory purposes:
  • For the three months ended March 31, 2026, the net change was - $27,104,000 .
  • For the three months ended March 31, 2025, the net change was - $35,666,000 .

Unique Metrics

• Retail Customer Metrics (as of March 31, 2026 vs. December 31, 2025):
  • Retail customer net worth was $18.8 billion as of March 31, 2026, compared to $19.5 billion as of December 31, 2025 .
  • Retail customer margin debit balances remained at $0.4 billion for both periods .
  • Retail customer credit balances were $0.4 billion as of March 31, 2026, down from $0.5 billion as of December 31, 2025 .
  • Retail customer money market fund value was $0.9 billion as of March 31, 2026, compared to $1.0 billion as of December 31, 2025 .
  • Retail customer accounts increased to 167,589 as of March 31, 2026, from 166,217 as of December 31, 2025 .
• MSCO Net Capital:
  • As of March 31, 2026, MSCO Net Capital was $56.2 million, with an excess of $54.4 million over the required $1.8 million .
  • As of December 31, 2025, MSCO Net Capital was $61.7 million, with an excess of $60.0 million over the required $1.7 million .
• RISE Net Capital:
  • As of March 31, 2026, RISE Net Capital was $1.2 million, with an excess of $0.9 million over the required $250,000 .
  • As of December 31, 2025, RISE Net Capital was $1.2 million, with an excess of $0.9 million over the required $250,000 .

Future Outlook and Strategy

Siebert Financial Corp. is investing in technology development and strategic partnerships to enhance operational capabilities and support future growth, including its Retail Platform, a Green Pier clearing agreement, and investments in FusionIQ and Arqitech . The company anticipates that continued development in its Media, Sports and Entertainment segment, encompassing catalog and artist pipeline expansion, will contribute positively to operating results over time, despite current early-stage development costs and recent impairment charges . Siebert Financial Corp. expects to utilize available cash, credit lines, and potential future debt or equity issuance to fund core business investments, strategic acquisitions, and meet regulatory capital requirements .