Oppenheimer reports Q2 2026 net income of $27.4M ($2.55 EPS) on revenue up 21.9% to $454.9M

Filed July 31, 2026 · Period ending July 31, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income of $27.4M ($2.55 EPS) on revenue of $454.9M, up 21.9% YoY from $373.2M, driven by stronger investment banking advisory fees, higher transaction commissions, and growth in AUM-based advisory fees.

  Exhibit 99.1 view on EDGAR →
• high

  Results include $24.9M pre-tax charge for stock appreciation rights tied to OPY stock price, which rose $16.35/share in Q2 (from $89.19 to $105.54). Excluding this, adjusted net income was $45.7M ($4.27 EPS).

  Exhibit 99.1 view on EDGAR →
• high

  Six-month results include $70M pre-tax legal accrual in Q1 2026 to settle cash sweep class action litigation. Excluding both litigation and stock comp charges, adjusted H1 net income was $93.2M ($8.73 EPS).

  Exhibit 99.1 view on EDGAR →