The Chartered Financial Analyst (CFA) Level 1 exam results for the November 2025 session have been announced. Candidates can now check their scores and pass/fail status online. The results were released on January 13, 2026 , by the CFA Institute.
The Level 1 exam took place between November 12 and 18, 2025 . It was a computer-based test. The overall pass rate for this session was 43% . This means almost half of the students who took the exam passed. The average pass rate for the CFA Level 1 exam over the last ten years has been 42%.
How to Check CFA Level 1 November 2025 Result
Students can follow these simple steps to download their CFA Level 1 scorecards:
- Go to the official website of the CFA Institute.
- Look for the 'Programs' tab. Under it, find the 'results' section.
- Click on the link for CFA Level 1 November 2025 results.
- Enter your registered email ID and password to log in.
- Your CFA Level 1 result and scorecard will appear on the screen.
- Download the scorecard and take a printout for your records.
Details on Your CFA Scorecard
The scorecard provides important information about your performance in the exam. Here are the details you will find on it:
- Your Name
- Your CFA Institute ID number
- The exam level (Level 1) and month (November)
- Your result status: Pass or Fail
- The minimum score needed to pass the exam
- Your actual score
- A confidence interval, which shows the range your actual score falls into
- The grey line, which represents your actual scaled score for the exam
CFA Level 1 Pass Rates Over the Years
The CFA Institute releases pass rates for each exam session. This helps candidates understand the difficulty level and competition. The pass rate for the November 2025 Level 1 exam was 43% . The exam results were graded by subject matter experts using a method called the Angoff method. Along with the scorecard, students also received a detailed summary of their performance in different subjects.
Here is a look at the CFA Level 1 pass rates from previous years:
| Session | Pass Rate |
| November 2025 | 43% |
| August 2025 | 43% |
| May 2025 | 45% |
| February 2025 | 45% |
| November 2024 | 43% |
| August 2024 exam | 44% |
| May 2024 exam | 46% |
| February 2024 Exam | 44% |
| November 2023 Exam | 35% |
| August 2023 Exam | 37% |
| May 2023 Exam | 39% |
| February 2023 Exam | 38% |
| November 2022 Exam | 36% |
| August 2022 Exam | 37% |
What's Next: CFA Level 2 Result Date
For those who appeared for the CFA Level 2 exam in November 2025, the results will be released soon. The CFA Level 2 November 2025 session results will be sent on January 15, 2026 . Candidates will receive their results by email at 9:00 AM ET (which is 7:30 PM IST in India). The email will clearly state if you have passed or failed the exam, along with a detailed summary of your performance.
Students should keep their login details safe to access their results and future updates from the CFA Institute.
