v3.26.3
Business Segment and Geographic Information - Schedule of Information Regarding Revenue by Client Sector (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Jun. 30, 2026
Mar. 31, 2026
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2026
Sep. 30, 2025
Business Segment and Geographic Information                
Total revenue $ 584,545     $ 508,598     $ 1,761,255 $ 1,531,246
Employee compensation and benefits 178,927     164,993     549,182 511,563
Technology and communications 44,623     33,867     126,148 92,807
General and administrative 17,324     16,892     45,884 66,616
Professional fees 19,757     11,483     44,846 38,100
Occupancy 8,165     6,641     24,735 17,737
Net income 224,905 $ 206,686 $ 233,167 210,549 $ 175,522 $ 168,305 664,758 554,376
Reportable Segment                
Business Segment and Geographic Information                
Total revenue 584,545     508,598     1,761,255 1,531,246
Employee compensation and benefits 178,927     164,993     549,182 511,563
Technology and communications 44,623     33,867     126,148 92,807
General and administrative 17,324     16,892     45,884 66,616
Professional fees 19,757     11,483     44,846 38,100
Occupancy 8,165     6,641     24,735 17,737
Other segment items 90,844     64,173     305,702 250,047
Net income 224,905     210,549     664,758 554,376
Institutional | Reportable Segment                
Business Segment and Geographic Information                
Total revenue 374,600     317,148     1,134,880 947,162
Wholesale | Reportable Segment                
Business Segment and Geographic Information                
Total revenue 110,514     99,365     335,710 302,894
Retail | Reportable Segment                
Business Segment and Geographic Information                
Total revenue 39,080     38,025     105,579 111,504
Corporates | Reportable Segment                
Business Segment and Geographic Information                
Total revenue 23,479     23,243     73,999 69,745
Market Data | Reportable Segment                
Business Segment and Geographic Information                
Total revenue $ 36,872     $ 30,817     $ 111,087 $ 99,941