Jefferies Financial Group Inc. (JEF) FY2026 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-06-01 to 2026-08-31

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Jefferies Financial Group Inc. cash flow reconciliation, Jun 1, 2026 through Aug 31, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net earnings → Net cash from operating activities: $288,253,000.00Securities sold under agreements to repurchase → Operating adjustments reconciliation: $1,600,122,000.00Securities purchased under agreements to resell → Operating adjustments reconciliation: $1,573,501,000.00Securities loaned → Operating adjustments reconciliation: $917,291,000.00Financial instruments owned → Operating adjustments reconciliation: $765,554,000.00Financial instruments sold, not yet purchased → Operating adjustments reconciliation: $541,787,000.00Accrued expenses and other liabilities → Operating adjustments reconciliation: $409,465,000.00Brokers, dealers and clearing organizations → Operating adjustments reconciliation: $174,978,000.00Other assets → Operating adjustments reconciliation: $158,712,000.00Depreciation and amortization → Operating adjustments reconciliation: $46,394,000.00Distributions received on investments in related parties → Operating adjustments reconciliation: $25,554,000.00Share-based compensation → Operating adjustments reconciliation: $22,170,000.00Net bad debt expense → Operating adjustments reconciliation: $6,203,000.00Operating adjustments reconciliation → Net cash from operating activities: $2,303,117,000.00Operating adjustments reconciliation → Securities borrowed: $1,427,148,000.00Operating adjustments reconciliation → Brokers, dealers and clearing organizations: $1,206,313,000.00Operating adjustments reconciliation → Customers: $947,267,000.00Operating adjustments reconciliation → Customers: $229,299,000.00Operating adjustments reconciliation → Income on investments in and loans to related parties: $52,793,000.00Operating adjustments reconciliation → Fees, interest and other: $34,047,000.00Operating adjustments reconciliation → Other adjustments: $24,862,000.00Operating adjustments reconciliation → Lease liabilities: $16,885,000.00Proceeds from issuance of long-term debt, net of issuance costs → financing reconciliation: $2,150,567,000.00Proceeds from short-term borrowings → financing reconciliation: $1,020,000,000.00Net proceeds from (payments on) other secured financings → financing reconciliation: $29,632,000.00Other → financing reconciliation: $1,470,000.00Proceeds from contributions of noncontrolling interests → financing reconciliation: $300,000.00financing reconciliation → Net cash from financing activities: $154,095,000.00financing reconciliation → Repayment of long-term debt: $1,729,205,000.00financing reconciliation → Payments on short-term borrowings: $1,066,000,000.00financing reconciliation → Net change in bank overdrafts: $92,410,000.00financing reconciliation → Dividends paid to common and preferred shareholders: $91,864,000.00financing reconciliation → Purchase of common shares for treasury: $68,218,000.00financing reconciliation → Payments on distributions to noncontrolling interests: $177,000.00Net cash used in investing activities → investing reconciliation: $147,510,000.00Capital distributions from investments and repayments of loans from related parties → investing reconciliation: $482,171,000.00Principal collections of loans, notes and other receivables → investing reconciliation: $156,000.00investing reconciliation → Contributions to investments in and loans to related parties: $555,716,000.00investing reconciliation → Net payments on premises and equipment: $49,339,000.00investing reconciliation → Originations and purchases of loans, notes and other receivables: $24,782,000.00Exchange-rate effect → Cash sources and uses: $2,270,000.00Difference in the filed cash totals (calculated) → Cash sources and uses: $10,650,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $15,450,663,000.00Net cash from operating activities → Cash sources and uses: $2,591,370,000.00Net cash from financing activities → Cash sources and uses: $154,095,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $18,061,538,000.00Cash sources and uses → Net cash used in investing activities: $147,510,000.00Net earnings: $288,253,000.00Net earnings+$288.25 MDepreciation and amortization: $46,394,000.00Depreciation and amortization+$46.39 MImpairment of assets: $0.00Share-based compensation: $22,170,000.00Stock-based compensation+$22.17 MNet bad debt expense: $6,203,000.00Loan & lease loss provision+$6.20 MIncome on investments in and loans to related parties: -$52,793,000.00Related-party investment income−$52.79 MDistributions received on investments in related parties: $25,554,000.00Related-party distributions+$25.55 MLoss on assets held for sale: $0.00Other adjustments: -$24,862,000.00Other non-cash items−$24.86 MBrokers, dealers and clearing organizations: $174,978,000.00Broker receivables, net+$174.98 MCustomers: -$229,299,000.00Customers−$229.30 MFees, interest and other: -$34,047,000.00Other receivables−$34.05 MSecurities borrowed: -$1,427,148,000.00Securities borrowed−$1.43 BFinancial instruments owned: $765,554,000.00Trading assets, net+$765.55 MSecurities purchased under agreements to resell: $1,573,501,000.00Reverse repo securities+$1.57 BOther assets: $158,712,000.00Other operating assets+$158.71 MBrokers, dealers and clearing organizations: -$1,206,313,000.00Broker payables, net−$1.21 BCustomers: -$947,267,000.00Customers−$947.27 MSecurities loaned: $917,291,000.00Securities loaned+$917.29 MFinancial instruments sold, not yet purchased: $541,787,000.00Sold, not yet purchased+$541.79 MSecurities sold under agreements to repurchase: $1,600,122,000.00Repurchase agreements+$1.60 BLease liabilities: -$16,885,000.00Operating lease liabilities−$16.89 MAccrued expenses and other liabilities: $409,465,000.00Payables & accrued liabilities+$409.47 MNet cash from operating activities: $2,591,370,000.00Operating cash+$2.59 BOperating adjustments reconciliation: $6,241,731,000.00Proceeds from short-term borrowings: $1,020,000,000.00Short-term debt issued+$1.02 BPayments on short-term borrowings: -$1,066,000,000.00Short-term debt repaid−$1.07 BProceeds from issuance of long-term debt, net of issuance costs: $2,150,567,000.00Senior debt issued+$2.15 BRepayment of long-term debt: -$1,729,205,000.00Long-term debt repaid−$1.73 BPurchase of common shares for treasury: -$68,218,000.00Common stock repurchases−$68.22 MDividends paid to common and preferred shareholders: -$91,864,000.00Common dividends paid−$91.86 MNet proceeds from (payments on) other secured financings: $29,632,000.00Other secured financings, net+$29.63 MNet change in bank overdrafts: -$92,410,000.00Bank overdrafts, net−$92.41 MProceeds from contributions of noncontrolling interests: $300,000.00From noncontrolling interests+$300.00 KPayments on distributions to noncontrolling interests: -$177,000.00Paid to noncontrolling interests−$177.00 KOther: $1,470,000.00Other financing, net+$1.47 MNet cash from financing activities: $154,095,000.00Financing cash+$154.10 Mfinancing reconciliation: $3,201,969,000.00Contributions to investments in and loans to related parties: -$555,716,000.00Loans to related parties−$555.72 MCapital distributions from investments and repayments of loans from related parties: $482,171,000.00Related-party loans & returns+$482.17 MOriginations and purchases of loans, notes and other receivables: -$24,782,000.00Loan originations & purchases−$24.78 MPrincipal collections of loans, notes and other receivables: $156,000.00Loan collections+$156.00 KNet payments on premises and equipment: -$49,339,000.00PP&E purchases−$49.34 MProceeds from assets held for sale: $0.00Net cash used in investing activities: -$147,510,000.00. Cash required to fund net payments.Investing cash−$147.51 Minvesting reconciliation: $629,837,000.00Cash sources and uses: $18,209,048,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $15,450,663,000.00Beginning cash$15.45 BEnding cash: Cash, cash equivalents, and restricted cash: $18,061,538,000.00Ending cash$18.06 BExchange-rate effect: $2,270,000.00FX effect+$2.27 MDifference in the filed cash totals (calculated): $10,650,000.00Filer's cash difference(calculated)+$10.65 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$2.54 BOperating cash − cash spent on PP&ECash flow / Net income8.99×Operating cash flow ÷ net incomeNet cash change+$2.61 BEnding cash − beginning cash
Chart details

Jefferies Financial Group Inc. cash flow reconciliation, Jun 1, 2026 through Aug 31, 2026

Cash flows for Jun 1, 2026 through Aug 31, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: May 31, 2026. Ending cash: Aug 31, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on May 31, 2026
15,450,663,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
2,591,370,000 US dollars. Net cash provided.
Net earnings
288,253,000 US dollars
Depreciation and amortization
46,394,000 US dollars
Impairment of assets
0 US dollars
Share-based compensation
22,170,000 US dollars
Net bad debt expense
6,203,000 US dollars
Income on investments in and loans to related parties
negative 52,793,000 US dollars
Distributions received on investments in related parties
25,554,000 US dollars
Loss on assets held for sale
0 US dollars
Other adjustments
negative 24,862,000 US dollars
Brokers, dealers and clearing organizations
174,978,000 US dollars
Customers
negative 229,299,000 US dollars
Fees, interest and other
negative 34,047,000 US dollars
Securities borrowed
negative 1,427,148,000 US dollars
Financial instruments owned
765,554,000 US dollars
Securities purchased under agreements to resell
1,573,501,000 US dollars
Other assets
158,712,000 US dollars
Brokers, dealers and clearing organizations
negative 1,206,313,000 US dollars
Customers
negative 947,267,000 US dollars
Securities loaned
917,291,000 US dollars
Financial instruments sold, not yet purchased
541,787,000 US dollars
Securities sold under agreements to repurchase
1,600,122,000 US dollars
Lease liabilities
negative 16,885,000 US dollars
Accrued expenses and other liabilities
409,465,000 US dollars
Investing activities
negative 147,510,000 US dollars. Net cash used.
Contributions to investments in and loans to related parties
negative 555,716,000 US dollars
Capital distributions from investments and repayments of loans from related parties
482,171,000 US dollars
Originations and purchases of loans, notes and other receivables
negative 24,782,000 US dollars
Principal collections of loans, notes and other receivables
156,000 US dollars
Net payments on premises and equipment
negative 49,339,000 US dollars
Proceeds from assets held for sale
0 US dollars
Financing activities
154,095,000 US dollars. Net cash provided.
Proceeds from short-term borrowings
1,020,000,000 US dollars
Payments on short-term borrowings
negative 1,066,000,000 US dollars
Proceeds from issuance of long-term debt, net of issuance costs
2,150,567,000 US dollars
Repayment of long-term debt
negative 1,729,205,000 US dollars
Purchase of common shares for treasury
negative 68,218,000 US dollars
Dividends paid to common and preferred shareholders
negative 91,864,000 US dollars
Net proceeds from (payments on) other secured financings
29,632,000 US dollars
Net change in bank overdrafts
negative 92,410,000 US dollars
Proceeds from contributions of noncontrolling interests
300,000 US dollars
Payments on distributions to noncontrolling interests
negative 177,000 US dollars
Other
1,470,000 US dollars
Operating adjustment reconciliation
6,241,731,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
3,201,969,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
629,837,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
2,270,000 US dollars
Difference in the filed cash totals (calculated)
10,650,000 US dollars. Into cash; drawn as the small gray flow above beginning cash.
Ending cash on Aug 31, 2026
18,061,538,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
18,209,048,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
2,610,875,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
8.99×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
2,591,370,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
49,339,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
2,542,031,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $2.30B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • The filer's reported cash figures differ by $10.65 M: its ending cash less its beginning cash does not equal its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 2,591,370,000 US dollars minus 49,339,000 US dollars equals 2,542,031,000 US dollars.
  • The filer's reported cash figures differ by $10.65 M: its ending cash less its beginning cash does not equal its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
Jefferies Financial Group Inc. (JEF) FY2026 Q3 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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