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Side-by-side financial comparison of Jefferies Financial Group Inc. (JEF) and Workday, Inc. (WDAY). Click either name above to swap in a different company.
Workday, Inc. is the larger business by last-quarter revenue ($2.4B vs $1.7B, roughly 1.5× Jefferies Financial Group Inc.). Jefferies Financial Group Inc. runs the higher net margin — 12.6% vs 10.4%, a 2.3% gap on every dollar of revenue. Jefferies Financial Group Inc. produced more free cash flow last quarter ($1.9B vs $550.0M).
Jefferies Financial Group Inc. is an American financial services company based in New York City. It is listed on the New York Stock Exchange and is a part of the Fortune 1000.
Workday, Inc. is a leading global enterprise cloud software provider that develops and distributes human capital management, financial management, and enterprise resource planning solutions. It caters primarily to mid-sized and large organizations across sectors including education, healthcare, finance, and technology, with operations spanning North America, Europe, and Asia Pacific.
JEF vs WDAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $2.4B |
| Net Profit | $211.3M | $252.0M |
| Gross Margin | 95.7% | — |
| Operating Margin | 15.2% | 10.6% |
| Net Margin | 12.6% | 10.4% |
| Revenue YoY | — | 12.6% |
| Net Profit YoY | — | 30.6% |
| EPS (diluted) | $0.85 | $0.94 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.7B | $2.4B | ||
| Q3 25 | $1.5B | $2.3B | ||
| Q2 25 | $1.2B | $2.2B | ||
| Q1 25 | $1.1B | $2.2B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | $1.2B | $2.1B | ||
| Q2 24 | $1.0B | $2.0B | ||
| Q1 24 | $971.2M | $1.9B |
| Q4 25 | $211.3M | $252.0M | ||
| Q3 25 | $242.5M | $228.0M | ||
| Q2 25 | $91.4M | $68.0M | ||
| Q1 25 | $136.8M | $94.0M | ||
| Q4 24 | — | $193.0M | ||
| Q3 24 | $181.0M | $132.0M | ||
| Q2 24 | $154.7M | $107.0M | ||
| Q1 24 | $156.4M | $1.2B |
| Q4 25 | 95.7% | — | ||
| Q3 25 | 97.7% | — | ||
| Q2 25 | 96.5% | — | ||
| Q1 25 | 96.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 96.9% | — | ||
| Q2 24 | 96.4% | — | ||
| Q1 24 | 96.4% | — |
| Q4 25 | 15.2% | 10.6% | ||
| Q3 25 | 22.1% | 10.6% | ||
| Q2 25 | 11.0% | 1.7% | ||
| Q1 25 | 13.2% | 3.4% | ||
| Q4 24 | — | 7.6% | ||
| Q3 24 | 20.7% | 5.3% | ||
| Q2 24 | 22.0% | 3.2% | ||
| Q1 24 | 22.7% | 4.1% |
| Q4 25 | 12.6% | 10.4% | ||
| Q3 25 | 16.1% | 9.7% | ||
| Q2 25 | 7.4% | 3.0% | ||
| Q1 25 | 12.0% | 4.3% | ||
| Q4 24 | — | 8.9% | ||
| Q3 24 | 14.8% | 6.3% | ||
| Q2 24 | 14.9% | 5.4% | ||
| Q1 24 | 16.1% | 61.8% |
| Q4 25 | $0.85 | $0.94 | ||
| Q3 25 | $1.01 | $0.84 | ||
| Q2 25 | $0.40 | $0.25 | ||
| Q1 25 | $0.57 | $0.34 | ||
| Q4 24 | — | $0.72 | ||
| Q3 24 | $0.75 | $0.49 | ||
| Q2 24 | $0.64 | $0.40 | ||
| Q1 24 | $0.66 | $4.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $14.0B | $6.8B |
| Total DebtLower is stronger | $15.9B | — |
| Stockholders' EquityBook value | $10.6B | $8.9B |
| Total Assets | $76.0B | $17.8B |
| Debt / EquityLower = less leverage | 1.50× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.0B | $6.8B | ||
| Q3 25 | $11.5B | $8.2B | ||
| Q2 25 | $11.3B | $8.0B | ||
| Q1 25 | $11.2B | $8.0B | ||
| Q4 24 | — | $7.2B | ||
| Q3 24 | $10.6B | $7.4B | ||
| Q2 24 | $10.8B | $7.2B | ||
| Q1 24 | $7.6B | $7.8B |
| Q4 25 | $15.9B | — | ||
| Q3 25 | $16.0B | — | ||
| Q2 25 | $15.4B | — | ||
| Q1 25 | $14.8B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $12.9B | — | ||
| Q2 24 | $12.7B | $3.0B | ||
| Q1 24 | $9.9B | $3.0B |
| Q4 25 | $10.6B | $8.9B | ||
| Q3 25 | $10.4B | $9.2B | ||
| Q2 25 | $10.3B | $8.9B | ||
| Q1 25 | $10.2B | $9.0B | ||
| Q4 24 | — | $8.6B | ||
| Q3 24 | $10.0B | $8.3B | ||
| Q2 24 | $9.9B | $8.2B | ||
| Q1 24 | $9.8B | $8.1B |
| Q4 25 | $76.0B | $17.8B | ||
| Q3 25 | $69.3B | $18.0B | ||
| Q2 25 | $67.3B | $17.2B | ||
| Q1 25 | $70.2B | $18.0B | ||
| Q4 24 | — | $16.4B | ||
| Q3 24 | $63.3B | $16.2B | ||
| Q2 24 | $63.0B | $15.9B | ||
| Q1 24 | $60.9B | $16.5B |
| Q4 25 | 1.50× | — | ||
| Q3 25 | 1.53× | — | ||
| Q2 25 | 1.49× | — | ||
| Q1 25 | 1.45× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.29× | — | ||
| Q2 24 | 1.28× | 0.37× | ||
| Q1 24 | 1.01× | 0.37× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.0B | $588.0M |
| Free Cash FlowOCF − Capex | $1.9B | $550.0M |
| FCF MarginFCF / Revenue | 114.2% | 22.6% |
| Capex IntensityCapex / Revenue | 3.4% | 1.6% |
| Cash ConversionOCF / Net Profit | 9.30× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $-1.7B | $2.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $588.0M | ||
| Q3 25 | $184.2M | $616.0M | ||
| Q2 25 | $-978.3M | $457.0M | ||
| Q1 25 | $-2.7B | $1.1B | ||
| Q4 24 | — | $406.0M | ||
| Q3 24 | — | $571.0M | ||
| Q2 24 | — | $372.0M | ||
| Q1 24 | $-1.3B | $995.6M |
| Q4 25 | $1.9B | $550.0M | ||
| Q3 25 | $126.0M | $588.0M | ||
| Q2 25 | $-1.0B | $421.0M | ||
| Q1 25 | $-2.7B | $1.0B | ||
| Q4 24 | — | $359.0M | ||
| Q3 24 | — | $516.0M | ||
| Q2 24 | — | $291.0M | ||
| Q1 24 | $-1.4B | $947.6M |
| Q4 25 | 114.2% | 22.6% | ||
| Q3 25 | 8.4% | 25.0% | ||
| Q2 25 | -83.3% | 18.8% | ||
| Q1 25 | -237.2% | 46.4% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 14.6% | ||
| Q1 24 | -139.4% | 49.3% |
| Q4 25 | 3.4% | 1.6% | ||
| Q3 25 | 3.9% | 1.2% | ||
| Q2 25 | 3.6% | 1.6% | ||
| Q1 25 | 4.3% | 3.9% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 4.1% | ||
| Q1 24 | 9.9% | 2.5% |
| Q4 25 | 9.30× | 2.33× | ||
| Q3 25 | 0.76× | 2.70× | ||
| Q2 25 | -10.70× | 6.72× | ||
| Q1 25 | -19.48× | 11.83× | ||
| Q4 24 | — | 2.10× | ||
| Q3 24 | — | 4.33× | ||
| Q2 24 | — | 3.48× | ||
| Q1 24 | -8.04× | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JEF
| Investment Banking Underwriting | $555.6M | 33% |
| Principal Transactions Revenue | $378.3M | 23% |
| Commissions And Other Fees | $356.0M | 21% |
| Other | $177.8M | 11% |
| Internet Connection And Boadband Revenue | $57.0M | 3% |
| Other Sources Of Revenue Miscellaneous | $53.3M | 3% |
| Real Estate | $50.7M | 3% |
| Strategic Affiliates Revenue | $13.8M | 1% |
| Asset Management1 | $12.1M | 1% |
| Fixed Income Services | $1.6M | 0% |
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
