Citigroup (C) Operating Expenses (2009 - 2025)
Citigroup (C) reported Operating Expenses of $13.8 billion for Q4 2025, up 5.89% year-over-year from $13.1 billion in Q4 2024, and down 3.15% quarter-over-quarter from $14.3 billion in Q3 2025.
Citigroup (C) Operating Expenses (2009 - 2025) Analysis & Trends
Citigroup (C) has 17 years of Operating Expenses data on file, last reported at $13.8 billion in Q4 2025.
- Operating Expenses for Q4 2025 came in at $13.8 billion, up 5.89% year-over-year; the trailing twelve-month figure through Dec 2025 was $55.1 billion (up 2.92% YoY), and the FY2025 annual result was $55.1 billion, up 2.92% from the prior year.
- Operating Expenses eased to $13.8 billion in Q4 2025 per C's latest filing, from $14.3 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $15.6 billion in Q4 2023 and troughed at $11.4 billion in Q1 2021.
- A 5-year average of $13.2 billion and a median of $13.3 billion in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2024: Operating Expenses surged 25391.11% in 2021, then decreased 16.22% in 2024.
- A 5-year view of Operating Expenses shows it stood at $13.5 billion in 2021, then slipped by 4.04% to $13.0 billion in 2022, then grew by 20.14% to $15.6 billion in 2023, then decreased by 16.22% to $13.1 billion in 2024, then climbed by 5.89% to $13.8 billion in 2025.
- Business Quant data shows C's Operating Expenses at $13.8 billion in Q4 2025, $14.3 billion in Q3 2025, and $13.6 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 3.06 Bn |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | 609.00 Mn |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 6.82 Bn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | 6.11 Bn |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 4.15 Bn |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 18.53 Bn |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | -6.13 Bn |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | -12.60 Bn |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 14.33 Bn |
| 10 | Citigroup | 242.69 Bn | -1,942.31 Bn | 19.85 Bn | 13.84 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 13.84 Bn |
| Sep 30, 2025 | 14.29 Bn |
| Jun 30, 2025 | 13.58 Bn |
| Mar 31, 2025 | 13.43 Bn |
| Dec 31, 2024 | 13.07 Bn |
| Sep 30, 2024 | 13.14 Bn |
| Jun 30, 2024 | 13.25 Bn |
| Mar 31, 2024 | 14.11 Bn |
| Dec 31, 2023 | 15.60 Bn |
| Sep 30, 2023 | 13.51 Bn |
| Jun 30, 2023 | 13.57 Bn |
| Mar 31, 2023 | 13.29 Bn |
| Dec 31, 2022 | 12.99 Bn |
| Sep 30, 2022 | 12.75 Bn |
| Jun 30, 2022 | 12.39 Bn |
| Mar 31, 2022 | 13.17 Bn |
| Dec 31, 2021 | 13.53 Bn |
| Sep 30, 2021 | 11.78 Bn |
| Jun 30, 2021 | 11.47 Bn |
| Mar 31, 2021 | 11.41 Bn |