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v3.25.2

Revenues from Contracts with Customers - Components of Revenue (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
May 31, 2025 | May 31, 2024 | May 31, 2025 | May 31, 2024
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues from contracts with customers | $ 1,226,804 | $ 1,094,401 | $ 2,371,230 | $ 2,129,032
Revenues | 2,494,315 | 2,516,296 | 4,967,179 | 5,068,238
Investment banking |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues from contracts with customers | 785,455 | 738,584 | 1,511,116 | 1,417,649
Revenues | 789,269 | 738,584 | 1,518,779 | 1,417,649
Commissions and other fees |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues from contracts with customers | 344,184 | 271,782 | 632,149 | 517,325
Revenues | 353,233 | 271,782 | 641,533 | 517,325
Asset management fees |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues from contracts with customers | 7,495 | 6,989 | 53,303 | 36,350
Revenues | 20,076 | 11,768 | 105,484 | 62,140
Real estate revenues |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues from contracts with customers | 16,211 | 3,540 | 27,292 | 6,689
Internet connection and broadband revenues |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues from contracts with customers | 56,668 | 58,855 | 114,471 | 122,269
Internet connection and broadband revenues | Revision of Prior Period, Error Correction, Adjustment |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues not from contracts with customers |  | (58,900) |  | (122,300)
Other contracts with customers |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues from contracts with customers | 16,791 | 14,651 | 32,899 | 28,750
Revenues | 115,205 | 198,240 | 232,450 | 314,977
Principal transactions |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues not from contracts with customers | 338,507 | 416,195 | 745,737 | 1,056,931
Revenues | 338,507 | 416,195 | 745,737 | 1,056,931
Revenues from strategic affiliates |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues not from contracts with customers | 21,336 | 4,779 | 64,785 | 25,790
Interest |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues not from contracts with customers | 878,025 | 879,727 | 1,723,196 | 1,699,216
Revenues | 878,025 | 879,727 | 1,723,196 | 1,699,216
Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues not from contracts with customers | $ 29,643 | 121,194 | $ 62,231 | 157,269
Other | Revision of Prior Period, Error Correction, Adjustment |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenues not from contracts with customers |  | $ 58,900 |  | $ 122,300

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