The Filings Report

Raymond James Financial, Inc.

RJFNYSECIK 720005Financial / Capital Marketsfiscal year ends September69 quarters since 2009

Revenue, Q3 FY2026
$3.9B
+15.6% on Q3 FY2025
Net income
$595M
+36.5% on Q3 FY2025
Free cash flow
−$308M
−148.6% on Q3 FY2025
Diluted EPS
$3.01
+42.0% on Q3 FY2025
Revenue, TTM
$15.2B
trailing four quarters
Net margin, TTM
15.1%
net income $2.3B
Free cash flow, TTM
$1.4B
$1.6B less $197M capex
Cash and equivalents
$10.0B
long-term debt —, Jun 30, 2026
Shares, 12-month change
−3.5%
192M shares, Jun 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
—
no yield
Market value
$30.2B
at the close, buybacks

Latest quarter Q3 FY2026, filed August 5, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended June 30, 2026, Raymond James Financial, Inc. reported revenue of $3.9B, +15.6% on Q3 FY2025, and net income of $595M (+36.5%). Free cash flow, operating cash flow less capital expenditures, was −$308M (−$246M less $62M). Diluted earnings per share were $3.01.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of August 5, 2026.

Revenue and net incomeRevenueNet income
$0$1B$2B$3B$4BQ4'22, Revenue: $2.8BQ4'22, Net income: $439MQ4'22Q1'23, Revenue: $2.8BQ1'23, Net income: $509MQ1'23Q2'23, Revenue: $2.9BQ2'23, Net income: $427MQ2'23Q3'23, Revenue: $2.9BQ3'23, Net income: $369MQ3'23Q4'23, Revenue: $3.1BQ4'23, Net income: $434MQ4'23Q1'24, Revenue: $3.0BQ1'24, Net income: $498MQ1'24Q2'24, Revenue: $3.1BQ2'24, Net income: $476MQ2'24Q3'24, Revenue: $3.2BQ3'24, Net income: $492MQ3'24Q4'24, Revenue: $3.5BQ4'24, Net income: $602MQ4'24Q1'25, Revenue: $3.5BQ1'25, Net income: $600MQ1'25Q2'25, Revenue: $3.4BQ2'25, Net income: $495MQ2'25Q3'25, Revenue: $3.4BQ3'25, Net income: $436MQ3'25Q4'25, Revenue: $3.7BQ4'25, Net income: $604MQ4'25Q1'26, Revenue: $3.7BQ1'26, Net income: $563MQ1'26Q2'26, Revenue: $3.9BQ2'26, Net income: $544MQ2'26Q3'26, Revenue: $3.9BQ3'26, Net income: $595MQ3'26$0$1B$2B$3B$4BQ4'22, Revenue: $2.8BQ4'22, Net income: $439MQ1'23, Revenue: $2.8BQ1'23, Net income: $509MQ1'23Q2'23, Revenue: $2.9BQ2'23, Net income: $427MQ3'23, Revenue: $2.9BQ3'23, Net income: $369MQ3'23Q4'23, Revenue: $3.1BQ4'23, Net income: $434MQ1'24, Revenue: $3.0BQ1'24, Net income: $498MQ1'24Q2'24, Revenue: $3.1BQ2'24, Net income: $476MQ3'24, Revenue: $3.2BQ3'24, Net income: $492MQ3'24Q4'24, Revenue: $3.5BQ4'24, Net income: $602MQ1'25, Revenue: $3.5BQ1'25, Net income: $600MQ1'25Q2'25, Revenue: $3.4BQ2'25, Net income: $495MQ3'25, Revenue: $3.4BQ3'25, Net income: $436MQ3'25Q4'25, Revenue: $3.7BQ4'25, Net income: $604MQ1'26, Revenue: $3.7BQ1'26, Net income: $563MQ1'26Q2'26, Revenue: $3.9BQ2'26, Net income: $544MQ3'26, Revenue: $3.9BQ3'26, Net income: $595MQ3'26

Net income losses drawn in red.

Free cash flow
−$6B−$4B−$2B$0$2BQ4'22, Free cash flow: −$4.5BQ4'22Q1'23, Free cash flow: −$3.2BQ1'23Q2'23, Free cash flow: −$666MQ2'23Q3'23, Free cash flow: −$241MQ3'23Q4'23, Free cash flow: $383MQ4'23Q1'24, Free cash flow: $493MQ1'24Q2'24, Free cash flow: $342MQ2'24Q3'24, Free cash flow: $655MQ3'24Q4'24, Free cash flow: $460MQ4'24Q1'25, Free cash flow: $789MQ1'25Q2'25, Free cash flow: $71MQ2'25Q3'25, Free cash flow: $634MQ3'25Q4'25, Free cash flow: $752MQ4'25Q1'26, Free cash flow: −$56MQ1'26Q2'26, Free cash flow: $1.1BQ2'26Q3'26, Free cash flow: −$308MQ3'26−$6B−$4B−$2B$0$2BQ4'22, Free cash flow: −$4.5BQ1'23, Free cash flow: −$3.2BQ1'23Q2'23, Free cash flow: −$666MQ3'23, Free cash flow: −$241MQ3'23Q4'23, Free cash flow: $383MQ1'24, Free cash flow: $493MQ1'24Q2'24, Free cash flow: $342MQ3'24, Free cash flow: $655MQ3'24Q4'24, Free cash flow: $460MQ1'25, Free cash flow: $789MQ1'25Q2'25, Free cash flow: $71MQ3'25, Free cash flow: $634MQ3'25Q4'25, Free cash flow: $752MQ1'26, Free cash flow: −$56MQ1'26Q2'26, Free cash flow: $1.1BQ3'26, Free cash flow: −$308MQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$5B$10B$15BQ4'22, Cash and equivalents: $6.2BQ4'22, Long-term debt: $1MQ4'22Q1'23, Cash and equivalents: $6.2BQ1'23, Long-term debt: $0Q1'23Q2'23, Cash and equivalents: $8.7BQ2'23Q3'23, Cash and equivalents: $8.4BQ3'23Q4'23, Cash and equivalents: $9.3BQ4'23Q1'24, Cash and equivalents: $10.2BQ1'24Q2'24, Cash and equivalents: $10.0BQ2'24Q3'24, Cash and equivalents: $9.1BQ3'24Q4'24, Cash and equivalents: $11.0BQ4'24Q1'25, Cash and equivalents: $10.0BQ1'25Q2'25, Cash and equivalents: $9.7BQ2'25Q3'25, Cash and equivalents: $9.2BQ3'25Q4'25, Cash and equivalents: $11.4BQ4'25Q1'26, Cash and equivalents: $9.9BQ1'26Q2'26, Cash and equivalents: $11.2BQ2'26Q3'26, Cash and equivalents: $10.0BQ3'26$0$5B$10B$15BQ4'22, Cash and equivalents: $6.2BQ4'22, Long-term debt: $1MQ1'23, Cash and equivalents: $6.2BQ1'23, Long-term debt: $0Q1'23Q2'23, Cash and equivalents: $8.7BQ3'23, Cash and equivalents: $8.4BQ3'23Q4'23, Cash and equivalents: $9.3BQ1'24, Cash and equivalents: $10.2BQ1'24Q2'24, Cash and equivalents: $10.0BQ3'24, Cash and equivalents: $9.1BQ3'24Q4'24, Cash and equivalents: $11.0BQ1'25, Cash and equivalents: $10.0BQ1'25Q2'25, Cash and equivalents: $9.7BQ3'25, Cash and equivalents: $9.2BQ3'25Q4'25, Cash and equivalents: $11.4BQ1'26, Cash and equivalents: $9.9BQ1'26Q2'26, Cash and equivalents: $11.2BQ3'26, Cash and equivalents: $10.0BQ3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed August 5, 2026.

Raymond James Financial, Inc. income statement, quarterly
Millions of dollarsQ3 FY2026ended Jun 30, 2026filed Aug 5, 2026Q2 FY2026ended Mar 31, 2026filed May 6, 2026Q1 FY2026ended Dec 31, 2025filed Feb 6, 2026Q4 FY2025ended Sep 30, 2025filed Nov 25, 2025Q3 FY2025ended Jun 30, 2025filed Aug 6, 2025Q2 FY2025ended Mar 31, 2025filed May 7, 2025Q1 FY2025ended Dec 31, 2024filed Feb 7, 2025Q4 FY2024ended Sep 30, 2024filed Nov 26, 2024YoYQ3 FY2026vs Q3 FY2025
Revenue3,9283,8593,7353,7273,3983,4033,5373,462+15.6%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative—————————
Operating income—————————
Other income (expense)—————————
Pretax income————563671749——
Income tax155191165127127176149158+22.0%
Net income595544563604436495600602+36.5%
Diluted EPS ($)3.012.722.79—2.122.362.86—+42.0%
Diluted shares (millions)197199201—206209209——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed August 5, 2026.

Raymond James Financial, Inc. balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Jun 30, 2026filed Aug 5, 2026Q2 FY2026ended Mar 31, 2026filed May 6, 2026Q1 FY2026ended Dec 31, 2025filed Feb 6, 2026Q4 FY2025ended Sep 30, 2025filed Nov 25, 2025Q3 FY2025ended Jun 30, 2025filed Aug 6, 2025Q2 FY2025ended Mar 31, 2025filed May 7, 2025Q1 FY2025ended Dec 31, 2024filed Feb 7, 2025Q4 FY2024ended Sep 30, 2024filed Nov 26, 2024YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents9,97711,2199,89011,3899,1959,66210,04810,998+8.5%
Short-term investments—————————
Total current assets—————————
Total assets94,23791,94488,76088,23084,81583,13282,28282,992+11.1%
Total current liabilities—————————
Long-term debt—————————
Total liabilities81,45479,33476,18675,72672,55470,90570,35371,325+12.3%
Stockholders’ equity12,69912,56712,57012,50312,25912,21211,92311,673+3.6%
Shares outstanding (millions)192195197197199202205204—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed August 5, 2026.

Raymond James Financial, Inc. cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Jun 30, 2026filed Aug 5, 2026Q2 FY2026ended Mar 31, 2026filed May 6, 2026Q1 FY2026ended Dec 31, 2025filed Feb 6, 2026Q4 FY2025ended Sep 30, 2025filed Nov 25, 2025Q3 FY2025ended Jun 30, 2025filed Aug 6, 2025Q2 FY2025ended Mar 31, 2025filed May 7, 2025Q1 FY2025ended Dec 31, 2024filed Feb 7, 2025Q4 FY2024ended Sep 30, 2024filed Nov 26, 2024YoYQ3 FY2026vs Q3 FY2025
Operating cash flow(246)1,099(10)796691117830510−135.6%
Capital expenditures6245464457464150+8.8%
Free cash flow (CFO − capex)(308)1,054(56)75263471789460−148.6%
Depreciation and amortization5550495249474747+12.2%
Share repurchases—————————
Dividends paid—————————

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed November 25, 2025.

Income statement

Raymond James Financial, Inc. income statement, annual
Millions of dollarsFY2025ended Sep 30, 2025filed Nov 25, 2025FY2024ended Sep 30, 2024filed Nov 26, 2024FY2023ended Sep 30, 2023filed Nov 21, 2023FY2022ended Sep 30, 2022filed Nov 22, 2022FY2021ended Sep 30, 2021filed Nov 23, 2021FY2020ended Sep 30, 2020filed Nov 24, 2020FY2019ended Sep 30, 2019filed Nov 26, 2019FY2018ended Sep 30, 2018filed Nov 21, 2018FY2017ended Sep 30, 2017filed Nov 22, 2017FY2016ended Sep 30, 2016filed Nov 22, 2016FY2015ended Sep 30, 2015filed Nov 25, 2015FY2014ended Sep 30, 2014filed Nov 25, 2014FY2013ended Sep 30, 2013filed Nov 26, 2013FY2012ended Sep 30, 2012filed Nov 21, 2012FY2011ended Sep 30, 2011filed Nov 23, 2011FY2010ended Sep 30, 2010filed Nov 24, 2010FY2009ended Sep 30, 2009filed Aug 6, 2010FY2008ended Sep 30, 2008filed Aug 6, 2010
Revenue14,06512,82111,61911,0039,7607,9907,7407,2746,3715,4055,2044,8614,4853,807————
Cost of revenue——————————————————
Gross profit——————————————————
Research and development——————————————————
Selling, general and administrative——————————————————
Operating income——————————————————
Other income (expense)——————————————————
Pretax income——2,2802,0221,7911,0521,3751,311925801798748594468451356236383
Income tax57957554151338823434145428927129626819717618313496152
Net income2,1352,0681,7391,5091,4038181,034857636529502480367296278228153235
Diluted EPS ($)10.309.707.976.986.633.884.783.83*2.89*2.43*2.29*2.21*1.72*1.47*1.46*1.22*0.83*1.29*
Diluted shares (millions)207212217215211210216223*220*217*219*215*211*198*184*179*176*176*

Balance sheet

Raymond James Financial, Inc. balance sheet, annual
Millions of dollarsFY2025ended Sep 30, 2025filed Nov 25, 2025FY2024ended Sep 30, 2024filed Nov 26, 2024FY2023ended Sep 30, 2023filed Nov 21, 2023FY2022ended Sep 30, 2022filed Nov 22, 2022FY2021ended Sep 30, 2021filed Nov 23, 2021FY2020ended Sep 30, 2020filed Nov 24, 2020FY2019ended Sep 30, 2019filed Nov 26, 2019FY2018ended Sep 30, 2018filed Nov 21, 2018FY2017ended Sep 30, 2017filed Nov 22, 2017FY2016ended Sep 30, 2016filed Nov 22, 2016FY2015ended Sep 30, 2015filed Nov 25, 2015FY2014ended Sep 30, 2014filed Nov 25, 2014FY2013ended Sep 30, 2013filed Nov 26, 2013FY2012ended Sep 30, 2012filed Nov 21, 2012FY2011ended Sep 30, 2011filed Nov 23, 2011FY2010ended Sep 30, 2010filed Nov 24, 2010FY2009ended Sep 30, 2009filed Aug 6, 2010FY2008ended Sep 30, 2008filed Aug 6, 2010
Cash and equivalents11,38910,9989,3136,1787,2015,3903,9573,5003,6701,6502,6012,1992,5971,9802,4402,9432,3063,207
Short-term investments——————————————————
Total current assets——————————————————
Total assets88,23082,99278,36080,95161,89147,48238,83037,41334,88331,48726,46823,32623,18621,16018,00717,88318,227—
Total current liabilities——————————————————
Long-term debt———18——————1,1911,195——356——
Total liabilities75,72671,32568,17371,51953,58840,30632,18730,96129,19026,42421,68218,89219,18817,48015,09515,28615,994—
Stockholders’ equity12,50311,67310,2149,4588,2457,1146,5816,3685,5824,9174,5224,1413,6633,2692,5882,3032,032—
Shares outstanding (millions)197204209215206205*208*215*217*213*215*212*210*208*189*187*——

Cash flow statement

Raymond James Financial, Inc. cash flow statement, annual
Millions of dollarsFY2025ended Sep 30, 2025filed Nov 25, 2025FY2024ended Sep 30, 2024filed Nov 26, 2024FY2023ended Sep 30, 2023filed Nov 21, 2023FY2022ended Sep 30, 2022filed Nov 22, 2022FY2021ended Sep 30, 2021filed Nov 23, 2021FY2020ended Sep 30, 2020filed Nov 24, 2020FY2019ended Sep 30, 2019filed Nov 26, 2019FY2018ended Sep 30, 2018filed Nov 21, 2018FY2017ended Sep 30, 2017filed Nov 22, 2017FY2016ended Sep 30, 2016filed Nov 22, 2016FY2015ended Sep 30, 2015filed Nov 25, 2015FY2014ended Sep 30, 2014filed Nov 25, 2014FY2013ended Sep 30, 2013filed Nov 26, 2013FY2012ended Sep 30, 2012filed Nov 21, 2012FY2011ended Sep 30, 2011filed Nov 23, 2011FY2010ended Sep 30, 2010filed Nov 24, 2010FY2009ended Sep 30, 2009filed Aug 6, 2010FY2008ended Sep 30, 2008filed Aug 6, 2010
Operating cash flow2,4342,155(3,514)726,6474,073577884(125)(573)899508—3911,558(1,021)374227
Capital expenditures18820517391741241381341901227460737837223651
Free cash flow (CFO − capex)2,2461,950(3,687)(19)6,5733,949439750(315)(695)825447—3141,521(1,044)339176
Depreciation and amortization1951791651451341191129971636864665140403528
Share repurchases————12827277862341638981221234467
Dividends paid————21820519115112711310388776963565453

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$1M
1 sales by 1 insider; officers and directors $1M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$30M
8 sales by 5 insiders; officers and directors $30M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Aug 28, 2026Allaire Bella LoykhterChief Admin Officeropen-market sale7,500$177.60$1M46,086Aug 31, 2026
Aug 20, 2026Helal TarekChief Strategy Officergift23,397$0.00—48,537Aug 27, 2026
Aug 20, 2026Helal TarekChief Strategy Officergift23,397$0.00—25,140Aug 27, 2026
Aug 18, 2026Curtis Scott AChief Operating Officergift1,000$0.00—191,418Aug 20, 2026
Jul 28, 2026Elwyn Tashtego SPresident, PCGopen-market sale10,000$176.06$2M45,114Jul 29, 2026
Jul 27, 2026Raney Steven MExecutive Chair RJBankopen-market sale5,770$172.97$998K43,046Jul 28, 2026
Mar 19, 2026Allaire Bella LoykhterChief Admin Officeropen-market sale29,551$142.34$4M53,586Mar 20, 2026
Feb 28, 2026Aisenbrey Christopher SChief Human Resources Officeroption exercise600$0.00—17,622Mar 3, 2026
Feb 28, 2026Aisenbrey Christopher SChief Human Resources Officertax withholding132$153.08$20K17,490Mar 3, 2026
Feb 24, 2026Edwards Jeffrey NDirectorgift1,504$0.00—9,533Feb 25, 2026
Feb 24, 2026Edwards Jeffrey NDirectorgiftindirect1,504$0.00—22,008Feb 25, 2026
Feb 19, 2026Seshadri RajDirectoraward1,303$0.00—13,782Feb 23, 2026
Feb 19, 2026Mcdaniel Raymond WDirectoraward1,303$0.00—6,113Feb 23, 2026
Feb 19, 2026Mcgeary Roderick CDirectoraward1,303$0.00—24,354Feb 23, 2026
Feb 19, 2026Gates AnneDirectoraward1,303$0.00—16,848Feb 23, 2026
Feb 19, 2026Garcia Art ADirectoraward1,303$0.00—6,992Feb 23, 2026
Feb 19, 2026Esty BenjaminDirectoraward1,303$0.00—31,794Feb 23, 2026
Feb 19, 2026Mistarz CecilyDirectoroption exercise250$0.00—3,992Feb 23, 2026
Feb 19, 2026Mistarz CecilyDirectoraward1,303$0.00—2,489Feb 23, 2026
Feb 19, 2026Mistarz CecilyDirectoroption exercise1,253$0.00—3,742Feb 23, 2026
Feb 19, 2026Mistarz CecilyDirectoroption exercise250$0.00—4,242Feb 23, 2026
Feb 19, 2026Edwards Jeffrey NDirectoroption exercise1,253$0.00—11,037Feb 23, 2026
Feb 19, 2026Debel MarleneDirectoroption exercise1,253$0.00—8,820Feb 23, 2026
Feb 19, 2026Begor Mark WDirectoraward1,303$0.00—2,285Feb 23, 2026
Feb 4, 2026Santelli Jonathan NEVP, General Counselopen-market sale4,500$170.46$767K26,853Feb 5, 2026

Full insider history for Raymond James Financial, Inc., or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 9; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
RAYMOND JAMES FINANCIAL, INC., CIK 720005 on EDGAR
Extract generated
October 6, 2026
Withheld
none
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: RevenuesNetOfInterestExpense
Cost of revenue: not filed
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: not filed
Operating income: not filed
Other income (expense): not filed
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: not filed
Total assets: Assets
Total current liabilities: not filed
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAmortizationAndAccretionNet, DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated October 6, 2026.

JSON file
/data/financials/RJF.json