Cohen & Co Inc. (COHN) Financial Statements
Industry: Security Brokers, Dealers & Flotation Companies
In fiscal 2025, Cohen reported revenue of $275.6M, up 246.2% from $79.6M the year before. Net income was $14.4M (a 5.2% net margin), or $4.35 per diluted share. Gross margin was 21.6% and operating margin was 21.6%. Operating activities generated $27.4M of cash, leaving $26.1M of free cash flow. At fiscal year end, Cohen held $700.6M in total assets against $597.5M in total liabilities, including $56.8M of cash and equivalents.
Open the full interactive Cohen financials → Quarterly statements, key ratios, valuation history and price charts.
Cohen Key Stats
| Share Price | $10.42 |
|---|---|
| Market Cap | $65.1M |
| P/E Ratio | 2.4 |
| Revenue YoY Growth | +246.2% |
| 52-Week Range | $7.78 – $27.53 |
| Shares Outstanding | 2.3 million (basic, 2026 Q2) |
Cohen Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $130.1M | $146.4M | $44.4M | $83.0M | $79.6M | $275.6M |
| Cost of Goods Sold | $87.8M | $106.8M | $72.3M | $76.1M | $87.6M | $216.2M |
| Gross Profit | $42.3M | $39.6M | -$28.0M | $6.9M | -$8.0M | $59.4M |
| Operating Income | $42.3M | $39.6M | -$28.0M | $6.9M | -$8.0M | $59.4M |
| Pre-Tax Income | $29.8M | $70.5M | -$53.9M | $15.9M | $7.9M | $39.5M |
| Income Tax | -$8.7M | -$1.6M | $4.8M | $5.5M | -$329,000 | -$632,000 |
| Net Income | $14.2M | $11.3M | -$13.4M | -$5.1M | -$129,000 | $14.4M |
| Diluted EPS | $7.66 | $7.48 | -$9.43 | -$3.38 | -$0.08 | $4.35 |
Cohen Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $84.2M | $102.7M | $57.9M | $69.5M |
| Net Income | $4.6M | $8.1M | $1.5M | $3.6M |
| Diluted EPS | $2.58 | $1.35 | $0.42 | $0.94 |
Cohen Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $42.0M | $50.6M | $29.1M | $10.7M | $19.6M | $56.8M |
| Total Assets | $6.15B | $3.65B | $887.1M | $772.8M | $971.1M | $700.6M |
| Total Long-Term Debt | $47.1M | $43.4M | $29.0M | $29.7M | $34.9M | $32.9M |
| Total Liabilities | $6.05B | $3.50B | $793.0M | $681.0M | $880.9M | $597.5M |
| Shareholders' Equity | $43.9M | $61.4M | $46.7M | $41.7M | $41.7M | $51.1M |
Cohen Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $41.4M | $18.3M | -$23.5M | -$39.7M | $9.5M | $27.4M |
| Cash From Investing | -$11.9M | -$22.5M | $13.8M | $38.1M | $16.5M | $26.2M |
| Cash From Financing | $3.8M | $13.2M | -$11.5M | -$17.1M | -$16.7M | -$17.3M |
| Free Cash Flow | $41.2M | $17.3M | -$24.1M | -$40.0M | $8.2M | $26.1M |
Figures from Cohen's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Cohen financials page for every line item.
Cohen Company Profile
| Ticker | COHN |
|---|---|
| Exchange | NYSE |
| Industry | Security Brokers, Dealers & Flotation Companies |
| Headquarters | Philadelphia, Pennsylvania |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001270436 |
Frequently Asked Questions
What was Cohen's revenue in fiscal 2025?
Cohen (COHN) reported revenue of $275.6M for fiscal 2025.
What is Cohen's annual revenue history?
Cohen's annual revenue by fiscal year: 2020: $130.1M; 2021: $146.4M; 2022: $44.4M; 2023: $83.0M; 2024: $79.6M; 2025: $275.6M.
What was Cohen's net income in fiscal 2025?
Cohen reported net income of $14.4M for fiscal 2025.
What was Cohen's earnings per share (EPS) in fiscal 2025?
Cohen's diluted EPS was $4.35 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Cohen generate in fiscal 2025?
Cohen generated $26.1M of free cash flow in fiscal 2025.
What was Cohen's revenue last quarter?
In its most recent reported quarter (2026 Q2), Cohen reported revenue of $69.5M.
How much debt does Cohen have?
Cohen reported $32.9M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Cohen are outstanding?
Cohen reported a weighted average of 2.3 million basic shares outstanding in 2026 Q2.
What is Cohen's market cap?
Based on its latest closing price, Cohen (COHN) has a market capitalization of about $65.1M.
When does Cohen's fiscal year end?
Cohen's fiscal year end, as registered with the SEC, is December 31.
Where is Cohen headquartered?
Cohen lists its business address in Philadelphia, Pennsylvania in its SEC filings.
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