Citigroup (C) Operating Expenses (2009 - 2025)

Citigroup (C) posted quarterly Operating Expenses of $13.8 billion for Q4 2025, up 5.89% YoY from $13.1 billion in Q4 2024, and down 3.15% sequentially from $14.3 billion in Q3 2025.

Citigroup (C) Operating Expenses (2009 - 2025) Analysis & Trends

Citigroup has disclosed Operating Expenses across 17 years of filings, most recently posting $13.8 billion for Q4 2025.

  • In Q4 2025, Operating Expenses rose 5.89% year-over-year to $13.8 billion; the TTM figure through Dec 2025 stood at $55.1 billion (up 2.92% YoY), while the FY2025 annual figure was $55.1 billion, up 2.92% from the prior year.
  • Operating Expenses fell to $13.8 billion in Q4 2025, from $14.3 billion in the prior quarter.
  • Over the last five years, Operating Expenses for C reached as high as $15.6 billion in Q4 2023 and fell as low as $11.4 billion in Q1 2021.
  • The 5-year median for Operating Expenses is $13.3 billion (2023), against an average of $13.2 billion.
  • Annual changes were most pronounced in 2021 — Operating Expenses surged 25391.11% — and 2024, when it decreased 16.22%.
  • 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.
  • According to Business Quant data, Operating Expenses over the past three periods registered $13.8 billion, $14.3 billion, and $13.6 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - 609.00 Mn
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 18.53 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 14.33 Bn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 13.84 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 3.40 Bn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 26.85 Bn
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -19.18 Bn
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn 90.51 Mn
10 Barclays - - - -6.13 Bn

Historic Data

Download Data
DateValue
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