For the twelve months ended Sep 30, 2026, Oppenheimer Holdings Inc. reported $1.75B of revenue and $86.59M of net income.
OPY revenue was $382.00M in fiscal Q3 2026 (ended Sep 30, 2026), down 10.0% from a year earlier and down 16.0% from the prior quarter. For the full fiscal 2025 it was $1.64B, up 14.4% from fiscal 2024. Compound annual growth was +6.4% over 5 years and +6.2% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
OPY net income was $5.46M in fiscal Q3 2026 (ended Sep 30, 2026), down 74.9% from a year earlier and down 80.0% from the prior quarter. For the full fiscal 2025 it was $148.40M, up 107.4% from fiscal 2024. Compound annual growth was +3.8% over 5 years and +54.1% over 10 years. It rose in 6 of the last 8 fiscal years.
OPY diluted EPS was $0.47 in fiscal Q3 2026 (ended Sep 30, 2026), down 75.3% from a year earlier and down 80.3% from the prior quarter. For the full fiscal 2025 it was $13.04, up 104.7% from fiscal 2024. Compound annual growth was +7.0% over 5 years and +57.4% over 10 years.
OPY free cash flow was $128.60M in fiscal Q3 2026 (ended Sep 30, 2026), up 106.7% from a year earlier. For the full fiscal 2025 it was $183.56M, compared with -$113.32M in fiscal 2024.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.64B | $1.43B | $1.25B | $1.11B | $1.39B | $1.20B | $1.03B | $958.15M | $920.34M | $857.78M |
| Operating income | $211.19M | $105.76M | $46.77M | $45.55M | $224.64M | $169.00M | $74.91M | $44.87M | - | - |
| Interest expense | - | - | $68.60M | $23.85M | $9.86M | $15.68M | $45.69M | $46.40M | $28.35M | $19.44M |
| Pre-tax income | $211.19M | $105.76M | $46.77M | $45.55M | $224.64M | $169.00M | $74.91M | $44.87M | $19.55M | -$21.89M |
| Income tax | $63.23M | $34.51M | $16.50M | $13.44M | $65.68M | $46.01M | $21.96M | $15.98M | - | - |
| Net income | $148.40M | $71.56M | $30.18M | $32.35M | $158.96M | $122.99M | $52.95M | $28.89M | $22.82M | -$1.16M |
| EPS, basic | $14.13 | $6.91 | $2.81 | $2.77 | $12.57 | $9.73 | $4.10 | $2.18 | $1.72 | -$0.09 |
| EPS, diluted | $13.04 | $6.37 | $2.59 | $2.57 | $11.70 | $9.30 | $3.82 | $2.05 | $1.67 | -$0.09 |
| Diluted shares | 11.4M | 11.2M | 11.6M | 12.6M | 13.6M | 13.2M | 13.9M | 14.1M | 13.7M | 13.4M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $38.41M | $33.15M | $28.84M | $137.97M | $341.52M | $35.42M | $79.55M | $90.67M | $48.15M | $64.91M |
| Goodwill | $143.61M | $143.61M | $142.16M | $137.89M | $137.89M | $137.89M | $137.89M | $137.89M | $137.89M | $137.89M |
| Total assets | $3.72B | $3.38B | $2.87B | $2.71B | $3.04B | $2.71B | $2.46B | $2.24B | $2.44B | $2.24B |
| Total debt | - | $0 | $112.66M | $113.43M | $124.07M | $123.85M | $149.51M | $199.10M | $198.84M | $149.35M |
| Total liabilities | $2.73B | $2.53B | $2.09B | $1.89B | $2.09B | $2.03B | $1.87B | $1.69B | $1.91B | $1.72B |
| Shareholders' equity | $983.82M | $850.39M | $789.24M | $794.96M | $825.26M | $685.67M | $592.72M | $545.32M | $523.91M | $513.33M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $188.75M | -$108.17M | -$18.81M | $64.49M | $227.79M | -$54.06M | $79.14M | $168.57M | -$16.14M | -$66.86M |
| Capital expenditures | $5.19M | $5.15M | $17.06M | $16.31M | $8.27M | $4.53M | $10.02M | $8.67M | $5.61M | $5.73M |
| Free cash flow | $183.56M | -$113.32M | -$35.87M | $48.18M | $219.52M | -$58.59M | $69.12M | $159.90M | -$21.75M | -$72.60M |
| Investing cash flow | -$1.39M | -$3.84M | -$15.56M | -$14.14M | -$6.27M | -$3.94M | -$8.30M | -$8.19M | -$3.87M | $39.72M |
| Financing cash flow | -$182.11M | $116.32M | -$74.76M | -$253.91M | $84.58M | $13.87M | -$81.96M | -$117.86M | $3.24M | $28.70M |
| Dividends paid | $7.58M | $6.84M | $6.45M | $7.04M | $19.44M | $18.58M | $5.94M | $5.83M | $5.84M | $5.89M |
| Share repurchases | $2.98M | $9.60M | $35.12M | $60.64M | $7.74M | $15.05M | $8.40M | $5.89M | $7.46M | $3.94M |
| Stock-based compensation | $32.20M | $45.51M | $16.94M | $15.91M | $31.14M | $16.22M | $11.82M | $6.71M | $12.57M | $6.20M |
| Depreciation and amortization | $11.00M | $10.80M | $9.90M | $7.60M | $7.99M | $8.14M | $7.63M | $6.87M | $5.66M | $6.79M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 14.4% | 14.7% | 12.4% | -20.3% | 16.3% | 16.0% | 7.9% | 4.1% | 7.3% | -4.5% |
| Net income growth, YoY | 107.4% | 137.1% | -6.7% | -79.6% | 29.3% | 132.3% | 83.3% | 26.6% | - | - |
| EPS growth, YoY | 104.7% | 145.9% | 0.8% | -78.0% | 25.8% | 143.5% | 86.3% | 22.8% | - | - |
| Operating margin | 12.9% | 7.4% | 3.7% | 4.1% | 16.1% | 14.1% | 7.2% | 4.7% | - | - |
| Net margin | 9.1% | 5.0% | 2.4% | 2.9% | 11.4% | 10.3% | 5.1% | 3.0% | 2.5% | -0.1% |
| Free cash flow margin | 11.2% | -7.9% | -2.9% | 4.3% | 15.7% | -4.9% | 6.7% | 16.7% | -2.4% | -8.5% |
| Return on equity | 15.1% | 8.4% | 3.8% | 4.1% | 19.3% | 17.9% | 8.9% | 5.3% | 4.4% | -0.2% |
| Return on assets | 4.0% | 2.1% | 1.0% | 1.2% | 5.2% | 4.5% | 2.1% | 1.3% | 0.9% | -0.1% |
| Debt to equity | - | 0.00 | 0.14 | 0.14 | 0.15 | 0.18 | 0.25 | 0.37 | 0.38 | 0.29 |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $382.00M | $454.88M | $445.10M | $472.63M | $424.44M | $373.18M | $367.82M | $375.42M | $373.35M | $330.59M | $353.14M | $308.29M |
| Operating income | $8.79M | $39.45M | -$27.00M | $105.97M | $31.64M | $32.21M | $41.38M | $17.07M | $35.37M | $15.87M | $37.45M | $17.83M |
| Interest expense | - | - | - | - | - | - | - | - | - | $21.98M | $20.55M | $18.25M |
| Pre-tax income | $8.79M | $39.45M | -$27.00M | $105.97M | $31.64M | $32.21M | $41.38M | $17.07M | $35.37M | $15.87M | $37.45M | $17.83M |
| Income tax | $3.39M | $12.09M | -$6.43M | $32.05M | $9.92M | $10.54M | $10.72M | $6.34M | $10.86M | $5.60M | $11.71M | $6.24M |
| Net income | $5.46M | $27.35M | -$20.58M | $74.36M | $21.71M | $21.67M | $30.66M | $10.73M | $24.51M | $10.27M | $26.05M | $11.10M |
| EPS, basic | $0.52 | $2.55 | -$1.93 | $7.08 | $2.06 | $2.06 | $2.93 | $1.04 | $2.38 | $0.99 | $2.50 | $1.02 |
| EPS, diluted | $0.47 | $2.38 | -$1.93 | $6.51 | $1.90 | $1.91 | $2.72 | $0.92 | $2.16 | $0.92 | $2.37 | $1.01 |
| Diluted shares | 11.6M | 11.5M | 10.6M | - | 11.5M | 11.3M | 11.3M | - | 11.3M | 11.1M | 11.0M | - |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $38.01M | $38.45M | $34.60M | $38.41M | $38.29M | $37.62M | $36.70M | $33.15M | $32.24M | $33.21M | $27.66M | $28.84M |
| Goodwill | $143.61M | $143.61M | $143.61M | $143.61M | $143.61M | $143.61M | $143.61M | $143.61M | $142.16M | $142.16M | $142.16M | $142.16M |
| Total assets | $4.09B | $4.23B | $3.82B | $3.72B | $3.82B | $3.69B | $3.57B | $3.38B | $3.37B | $3.26B | $3.25B | $2.87B |
| Total debt | - | - | - | - | - | - | - | $0 | $112.82M | $112.77M | $112.71M | $112.66M |
| Total liabilities | $3.08B | $3.23B | $2.85B | $2.73B | $2.90B | $2.79B | $2.70B | $2.53B | $2.53B | $2.45B | $2.45B | $2.09B |
| Shareholders' equity | $991.06M | $983.44M | $952.43M | $983.82M | $920.27M | $896.86M | $872.27M | $850.39M | $837.84M | $812.06M | $801.52M | $789.24M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $132.35M | -$55.02M | -$189.98M | $177.00M | $63.42M | $40.07M | -$91.74M | $74.71M | $11.43M | -$115.27M | -$79.05M | $65.42M |
| Capital expenditures | $3.75M | $2.03M | $0 | $1.18M | $1.21M | $1.13M | $1.68M | $3.26M | $220.0K | $1.41M | $258.0K | $4.59M |
| Free cash flow | $128.60M | -$57.05M | -$189.98M | $175.82M | $62.22M | $38.94M | -$93.42M | $71.45M | $11.21M | -$116.67M | -$79.31M | $60.83M |
| Investing cash flow | -$3.06M | -$981.0K | $549.0K | -$770.0K | $641.0K | -$900.0K | -$359.0K | -$4.29M | $1.87M | -$1.16M | -$258.0K | -$5.25M |
| Financing cash flow | -$129.74M | $59.86M | $185.63M | -$176.11M | -$63.39M | -$38.25M | $95.64M | -$69.51M | -$14.28M | $121.98M | $78.13M | -$88.05M |
| Dividends paid | $2.14M | $2.14M | $12.41M | $1.89M | $1.89M | $1.89M | $1.90M | $1.86M | $1.86M | $1.55M | $1.58M | $1.55M |
| Share repurchases | $0 | $0 | $0 | $2.31M | $0 | $581.0K | $90.0K | $0 | $294.0K | $925.0K | $8.38M | $3.88M |
| Stock-based compensation | $25.93M | $29.44M | $26.24M | $3.27M | $16.62M | $11.60M | $716.0K | $23.74M | $7.33M | $12.70M | $1.74M | $7.28M |
| Depreciation and amortization | - | - | - | - | - | - | - | - | - | - | - | $3.31M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -10.0% | 21.9% | 21.0% | 25.9% | 13.7% | 12.9% | 4.2% | 21.8% | 19.4% | 8.0% | 9.8% | -1.7% |
| Net income growth, YoY | -74.9% | 26.2% | - | 593.1% | -11.4% | 111.1% | 17.7% | -3.3% | 76.8% | - | 78.2% | -50.5% |
| EPS growth, YoY | -75.3% | 24.6% | - | 607.6% | -12.0% | 107.6% | 14.8% | -8.9% | 78.5% | - | 94.3% | -44.8% |
| Operating margin | 2.3% | 8.7% | -6.1% | 22.4% | 7.5% | 8.6% | 11.2% | 4.5% | 9.5% | 4.8% | 10.6% | 5.8% |
| Net margin | 1.4% | 6.0% | -4.6% | 15.7% | 5.1% | 5.8% | 8.3% | 2.9% | 6.6% | 3.1% | 7.4% | 3.6% |
| Free cash flow margin | 33.7% | -12.5% | -42.7% | 37.2% | 14.7% | 10.4% | -25.4% | 19.0% | 3.0% | -35.3% | -22.5% | 19.7% |
| Debt to equity | - | - | - | - | - | - | - | 0.00 | 0.13 | 0.14 | 0.14 | 0.14 |
Source: XBRL data Oppenheimer Holdings Inc. files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| OPY | $1.75B | +13.9% | $86.59M | 4.9% | $992.8M |
| MS | $80.16B | +16.2% | $20.45B | 25.5% | $292.45B |
| GS | $69.70B | +18.7% | $22.17B | 31.8% | $261.38B |
| BLK | $28.54B | +24.7% | $6.91B | 24.2% | $187.58B |
| SCHW | $27.06B | +18.1% | $10.64B | 39.3% | $160.36B |
| CME | $6.97B | +9.0% | $4.43B | 63.5% | $109.00B |
| ICE | $14.05B | +12.1% | $4.16B | 29.6% | $97.26B |
| HOOD | $5.08B | +20.9% | $1.98B | 39.0% | $75.03B |
| NDAQ | $9.15B | +11.5% | $2.08B | 22.8% | $60.21B |