# Siebert Financial Corp. (SIEB) · Edgar & Edgarette company card

> Siebert Financial (SIEB) grew revenue 12.3% in FY2025 to $94 million, operating margin 5.9% against a 24.4% median for security brokers, dealers & flotation companies, equity 11.7% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 65596 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/SIEB) · [JSON](https://www.pops4.com/boards/company/SIEB.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $94M |
| Revenue growth, 1 year | 12.3% |
| Revenue growth per year | 8.7% |
| Operating margin | 5.9% (prior year 20.8%) |
| Net margin | 5.4% |
| Operating cash flow | $10M |
| Capital spending | $552,000 |
| Free cash flow | $10M |
| Cash | $22M |
| Long-term debt | $5M |
| Total assets | $759M |
| Total equity | $89M |
| Equity ÷ assets | 11.7% |
| Return on equity | 5.7% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±42%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $94.2M (FY2025), total debt $5.0M. Experience: revenue up 12.3% on the year, up 8.7% a year over 4 years; operating margin 5.9%, down from 20.8%. Soundness: equity 11.7% of assets, return on equity 5.7%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $68.3M and $168.0M next year (method v4.1: its own 6-year record of growth weighed at 63% against $50M–100M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $70.6M to $162.8M. A statistical range, not company guidance. Against peers (10 filers, $50M+ revenue, security brokers, dealers & flotation companies): operating margin 5.9% against a 24.4% median; growth 12.3% against 18.7%.

Range logged 2026-09-28, receipt 4ee43b85c8a8b3df, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-11-04 ([filing](https://www.sec.gov/Archives/edgar/data/65596/000121390026115744/0001213900-26-115744-index.htm))

## Recent filings

- 8-K · filed 2026-11-04 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/65596/000121390026115744/0001213900-26-115744-index.htm)
- DEF 14A · filed 2026-10-08 · [filing](https://www.sec.gov/Archives/edgar/data/65596/000114036126039143/0001140361-26-039143-index.htm)
- 8-K · filed 2026-09-25 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/65596/000121390026103299/0001213900-26-103299-index.htm)
- 10-Q · filed 2026-08-11 · [filing](https://www.sec.gov/Archives/edgar/data/65596/000121390026087833/0001213900-26-087833-index.htm)
- 10-Q · filed 2026-05-15 · [filing](https://www.sec.gov/Archives/edgar/data/65596/000121390026057679/0001213900-26-057679-index.htm)
- 10-K · filed 2026-03-30 · [filing](https://www.sec.gov/Archives/edgar/data/65596/000121390026036500/0001213900-26-036500-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000065596.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=65596

## Cite

POPS4, Edgar & Edgarette: Siebert Financial Corp. (SIEB) company card, from the company's own SEC filings, accessed 2026-11-12, https://www.pops4.com/boards/company/SIEB. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.