Revenue
$275.56M
Fiscal year ended 2025-12-31Net income
$14.43M
Fiscal year ended 2025-12-31Total assets
$700.58M
Fiscal year ended 2025-12-31Cohen & Co Inc. (COHN) reported revenue of $275.56M and net income of $14.43M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Cohen & Co Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Security Brokers, Dealers & Flotation Companies.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $275.56M | $79.60M | $82.98M | $44.39M | $146.37M | $130.11M | $49.67M | $49.39M | $47.54M | $55.35M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $59.41M | -$8.02M | $6.86M | -$27.96M | $39.59M | $42.33M | $4.04M | $3.66M | $7.40M | $8.59M |
| Net income | $14.43M | -$129.00K | -$5.11M | -$13.39M | $11.81M | $14.20M | -$2.05M | -$2.46M | $2.06M | $2.27M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 5.98M | shares 5.68M | shares 1.51M | shares 1.42M | shares 5.28M | shares 5.09M | shares 1.68M | shares 1.68M | shares 2.59M | shares 1.76M |
| Pretax income | $39.50M | $7.86M | $15.94M | -$53.88M | $70.50M | $29.78M | -$4.10M | -$4.83M | $1.22M | $3.85M |
| Income tax expense | -$632.00K | -$329.00K | $5.54M | $4.79M | -$3.54M | -$8.67M | -$523.00K | -$841.00K | -$1.21M | $422.00K |
| Diluted EPS | $4.35 | $-0.08 | $-3.38 | $-9.43 | $7.83 | $7.66 | $-1.81 | $-2.14 | $1.60 | $1.85 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $56.76M | $19.59M | $10.65M | $29.10M | $50.57M | $42.00M | $8.30M | $14.11M | $22.93M | $15.22M |
| Total assets | $700.58M | $971.15M | $772.76M | $887.06M | $3.66B | $6.15B | $8.00B | $8.12B | $2.04B | $561.27M |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $597.50M | $880.87M | $680.96M | $793.03M | $3.50B | $6.05B | $7.95B | $8.07B | $1.99B | $514.51M |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $103.09M | $90.28M | $91.80M | $94.03M | $151.43M | $101.44M | $48.76M | $42.44M | $48.16M | $46.76M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $109.00K | $109.00K | $109.00K | $109.00K | $109.00K | $109.00K | $7.99M | $7.99M | $7.99M | $7.99M |
| Long-term debt | $32.90M | $34.90M | $29.72M | $29.02M | $43.39M | $47.10M | $48.86M | $43.54M | $44.18M | $29.52M |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $27.35M | $9.48M | -$39.66M | -$23.49M | $18.32M | $41.44M | -$15.46M | -$7.00M | -$11.92M | -$8.73M |
| Capital expenditures | $1.25M | $1.25M | $373.00K | $573.00K | $1.03M | $217.00K | $101.00K | $1.00M | $143.00K | $223.00K |
| Investing cash flow | $26.21M | $16.51M | $38.12M | $13.80M | -$22.53M | -$11.95M | $3.73M | $2.16M | -$3.90M | $7.95M |
| Financing cash flow | -$17.30M | -$16.72M | -$17.10M | -$11.50M | $13.16M | $3.79M | $5.94M | -$3.72M | $23.12M | $2.27M |
| Net change in cash | $37.17M | $8.94M | -$18.45M | -$21.47M | $8.57M | $33.69M | -$5.80M | -$8.83M | $7.72M | $1.10M |
| Stock-based compensation | $20.21M | $4.67M | $4.39M | $4.39M | $15.72M | $12.55M | $744.00K | $623.00K | $732.00K | $1.16M |
| Common dividends paid | $2.13M | $1.87M | $1.75M | $2.56M | $671.00K | $27.00K | $519.00K | $966.00K | $985.00K | $954.00K |
| Common share repurchases | Unavailable | Unavailable | $0 | $0 | $857.00K | $2.14M | $299.00K | $769.00K | $572.00K | $2.32M |
| Depreciation & amortization | $724.00K | $556.00K | $563.00K | $557.00K | $371.00K | $334.00K | $318.00K | $261.00K | $249.00K | $291.00K |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $26.10M | $8.23M | -$40.03M | -$24.06M | $17.29M | $41.22M | -$15.56M | -$8.00M | -$12.06M | -$8.95M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 21.6% | -10.1% | 8.3% | -63.0% | 27.1% | 32.5% | 8.1% | 7.4% | 15.6% | 15.5% |
| FCF margin | 9.5% | 10.3% | -48.2% | -54.2% | 11.8% | 31.7% | -31.3% | -16.2% | -25.4% | -16.2% |
| SBC / revenue | 7.3% | 5.9% | 5.3% | 9.9% | 10.7% | 9.6% | 1.5% | 1.3% | 1.5% | 2.1% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 246.2% | -4.1% | 86.9% | -69.7% | 12.5% | 162.0% | 0.6% | 3.9% | -14.1% | Unavailable |
| Net margin | 5.2% | -0.2% | -6.2% | -30.2% | 8.1% | 10.9% | -4.1% | -5.0% | 4.3% | 4.1% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 0.5% | 1.6% | 0.4% | 1.3% | 0.7% | 0.2% | 0.2% | 2.0% | 0.3% | 0.4% |
| Long-term debt / equity | 0.32x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | -1.6% | -4.2% | 34.8% | Unavailable | -5.0% | -29.1% | Unavailable | Unavailable | -98.9% | 11.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open COHN in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-03View SEC filing
10-Q · Filed 2026-05-04View SEC filing
10-K · Filed 2026-03-06View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-04View SEC filing
10-Q · Filed 2025-05-02View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.