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

Citigroup (C) 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% quarter-over-quarter from $2.3 billion in Q3 2025.

Citigroup (C) Research & Development (2009 - 2025) Analysis & Trends

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

  • Research & Development for Q4 2025 came in at $2.4 billion, up 6.63% year-over-year; the trailing twelve-month figure through Dec 2025 was $9.4 billion (up 4.29% YoY), and the FY2025 annual result was $9.4 billion, up 4.29% from the prior year.
  • Research & Development advanced to $2.4 billion in Q4 2025 per C's latest filing, from $2.3 billion in the prior quarter.
  • Over five years, Research & Development peaked at $2.4 billion in Q4 2025 and troughed at $1.9 billion in Q1 2021.
  • A 5-year average of $2.2 billion and a median of $2.3 billion in 2023 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2024: Research & Development gained 13.15% in 2022, then fell 5.63% in 2024.
  • A 5-year view of Research & Development shows it stood at $2.1 billion in 2021, then grew by 13.15% to $2.4 billion in 2022, then gained by 2.37% to $2.4 billion in 2023, then decreased by 5.63% to $2.3 billion in 2024, then advanced by 6.63% to $2.4 billion in 2025.
  • Business Quant data shows C's Research & Development at $2.4 billion in Q4 2025, $2.3 billion in Q3 2025, and $2.3 billion in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 75.14 Mn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 255.80 Mn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - -
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 58.37 Mn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 2.02 Bn
7 Barclays 379.37 Bn -269.24 Bn - -
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn -
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - -
10 Citigroup 242.69 Bn -1,942.31 Bn 19.85 Bn 2.43 Bn

Historic Data

Download Data
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