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
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