RJ
RJF
Quarter ended Jun 30, 2025 · FY2025 Q3

Raymond James Financial (RJF) Revenue — Quarter Ended Jun 30, 2025

Revenue for the quarter was essentially flat compared to the prior quarter, but increased relative to the same quarter last year. The company reported a slight decline sequentially, while year-over-year growth remained positive.

Key takeaway

Quarter ended Jun 30, 2025 · FY2025 Q3

Revenue for the quarter was essentially flat compared to the prior quarter, but increased relative to the same quarter last year. The company reported a slight decline sequentially, while year-over-year growth remained positive.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$3.8B

Revenue reported for this quarter.

Quarter-over-quarter

-0.1%

Change from the immediately preceding quarter.

Year-over-year

+2.1%

Change from the comparable year-ago quarter.

Trailing four quarters

$15.7B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Sep 30, 2024$4B+13.9%
Dec 31, 2024$4B+14.6%
Mar 31, 2025$3.8B+5.7%
Jun 30, 2025$3.8B+2.1%

Revenue performance

Total revenues decreased marginally from the immediately preceding quarter, driven by lower account and service fees and a decline in interest income. The year-over-year comparison showed an increase, supported by higher asset management and related administrative fees.

Quarterly comparison

Compared to the prior quarter, revenue declined slightly, while compared to the same quarter a year ago, revenue rose. The sequential decline was partly offset by growth in asset management fees and brokerage revenues.

What to watch

Monitor the trend in account and service fees, which declined both sequentially and year-over-year, as well as the continued decrease in interest income.