Citigroup (C-PN) Research & Development (2009 - 2025)

Citigroup (C-PN) reported Research & Development of $2.4 billion for Q4 2025, up 6.63% year-over-year from $2.3 billion in Q4 2024, and up 4.47% on a QoQ basis from $2.3 billion in Q3 2025.

Citigroup (C-PN) has 17 years of Research & Development data on file, last reported at $2.4 billion in Q4 2025.

  • Quarterly Research & Development rose 6.63% year-over-year to $2.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $9.4 billion (up 4.29% YoY) and the FY2025 annual result came in at $9.4 billion, up 4.29% from the prior year.
  • Research & Development climbed to $2.4 billion in Q4 2025 per C-PN's latest filing, from $2.3 billion in the prior quarter.
  • Across five years, Research & Development topped out at $2.4 billion in Q4 2025 and bottomed at $1.9 billion in Q1 2021.
  • The 5-year median for Research & Development is $2.3 billion (2023), against an average of $2.2 billion.
  • The widest annual swing landed in 2022, when Research & Development increased 13.15%; it then dropped 5.63% in 2024.
  • Tracing C-PN's Research & Development over 5 years: stood at $2.1 billion in 2021, then advanced by 13.15% to $2.4 billion in 2022, then increased by 2.37% to $2.4 billion in 2023, then fell by 5.63% to $2.3 billion in 2024, then rose by 6.63% to $2.4 billion in 2025.
  • Per Business Quant, the three latest C-PN Research & Development figures stand at $2.4 billion (Q4 2025), $2.3 billion (Q3 2025), and $2.3 billion (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Canadian Imperial Bank Of Commerce 1,282,929,665.61 Bn 1,282,929,665.82 Bn - 70.62 Mn
2 Toronto Dominion Bank 928.05 Bn 749.34 Bn - -
3 Hsbc Holdings 799.80 Bn 799.80 Bn - -
4 Barclays 460.27 Bn 460.27 Bn - -
5 Bank Of America 373.62 Bn -233.08 Bn 29.24 Bn 2.02 Bn
6 Bank Of Montreal 316.89 Bn 316.89 Bn - 58.37 Mn
7 Wells Fargo & Company 238.28 Bn 163.21 Bn - -
8 Citigroup 235.82 Bn -1,949.18 Bn 19.85 Bn 2.43 Bn
9 Bank of New York Mellon 94.86 Bn 37.94 Bn - 556.00 Mn
10 Citigroup - - 19.85 Bn 2.43 Bn

Historic Data

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DateValue
Dec 31, 2025 2.43 Bn
Sep 30, 2025 2.33 Bn
Jun 30, 2025 2.29 Bn
Mar 31, 2025 2.38 Bn
Dec 31, 2024 2.28 Bn
Sep 30, 2024 2.27 Bn
Jun 30, 2024 2.24 Bn
Mar 31, 2024 2.25 Bn
Dec 31, 2023 2.41 Bn
Sep 30, 2023 2.26 Bn
Jun 30, 2023 2.31 Bn
Mar 31, 2023 2.13 Bn
Dec 31, 2022 2.36 Bn
Sep 30, 2022 2.15 Bn
Jun 30, 2022 2.07 Bn
Mar 31, 2022 2.02 Bn
Dec 31, 2021 2.08 Bn
Sep 30, 2021 2.00 Bn
Jun 30, 2021 1.90 Bn
Mar 31, 2021 1.85 Bn
Dec 31, 2020 2.03 Bn
Sep 30, 2020 1.89 Bn
Jun 30, 2020 1.74 Bn
Mar 31, 2020 1.72 Bn
Dec 31, 2019 1.85 Bn
Sep 30, 2019 1.78 Bn
Jun 30, 2019 1.72 Bn
Mar 31, 2019 1.72 Bn
Dec 31, 2018 1.83 Bn
Sep 30, 2018 1.81 Bn
Jun 30, 2018 1.80 Bn
Mar 31, 2018 1.76 Bn
Dec 31, 2017 1.79 Bn
Sep 30, 2017 1.76 Bn
Jun 30, 2017 1.70 Bn
Mar 31, 2017 1.66 Bn
Dec 31, 2016 1.70 Bn
Sep 30, 2016 1.69 Bn
Jun 30, 2016 1.66 Bn
Mar 31, 2016 1.65 Bn
Dec 31, 2015 1.70 Bn
Sep 30, 2015 1.63 Bn
Jun 30, 2015 1.66 Bn
Mar 31, 2015 1.60 Bn
Dec 31, 2014 1.66 Bn
Sep 30, 2014 1.63 Bn
Jun 30, 2014 1.62 Bn
Mar 31, 2014 1.53 Bn
Dec 31, 2013 1.55 Bn
Sep 30, 2013 1.57 Bn
Jun 30, 2013 1.49 Bn
Mar 31, 2013 1.53 Bn
Dec 31, 2012 1.57 Bn
Sep 30, 2012 1.44 Bn
Jun 30, 2012 1.46 Bn
Mar 31, 2012 1.38 Bn
Dec 31, 2011 1.26 Bn
Sep 30, 2011 1.31 Bn
Jun 30, 2011 1.28 Bn
Mar 31, 2011 1.21 Bn
Dec 31, 2010 1.27 Bn
Sep 30, 2010 1.26 Bn
Jun 30, 2010 1.20 Bn
Mar 31, 2010 1.20 Bn
Dec 31, 2009 1.81 Bn
Sep 30, 2009 1.11 Bn
Jun 30, 2009 1.15 Bn
Mar 31, 2009 1.14 Bn