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| Date | Value |
|---|---|
| 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 |