Hdfc Bank (HDB) Operating Expenses (2009 - 2026)
Hdfc Bank's (HDB) quarterly Operating Expenses came in at -$527.4 billion in Q1 2026, down 6113.83% on a YoY basis from $8.8 billion in Q1 2025, and down 380.98% quarter-over-quarter from $187.7 billion in Q4 2025.
Analysis
Hdfc Bank (HDB) Operating Expenses (2009 - 2026) Analysis & Trends
Hdfc Bank (HDB) has reported Operating Expenses for 18 consecutive years, with -$527.4 billion the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 6113.83% year-over-year to -$527.4 billion; the trailing twelve-month figure through Mar 2026 stood at $14.4 billion (down 28.76% YoY), and the FY2026 full-year result was $14.4 billion, down 97.89% from the prior year.
- Operating Expenses retreated to -$527.4 billion in Q1 2026 per HDB's latest filing, from $187.7 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $187.7 billion in Q4 2025 and bottomed at -$527.4 billion in Q1 2026.
- Historically, Operating Expenses has averaged $3.0 billion across 5 years, with a median of $1.9 billion in 2023.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses surged 9164.94% in 2025, then sank 6113.83% in 2026.
- Over 5 years, Operating Expenses stood at $1.5 billion in 2022, then advanced by 26.27% to $1.9 billion in 2023, then gained by 5.69% to $2.0 billion in 2024, then soared by 9164.94% to $187.7 billion in 2025, then plunged by 380.98% to -$527.4 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$527.4 billion, $187.7 billion, and $179.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 659.69 Bn | 643.71 Bn | 5.90 Bn | - |
| 2 | General Electric | 337.12 Bn | 327.78 Bn | 6.95 Bn | 10.86 Bn |
| 3 | Astrazeneca | 247.89 Bn | 242.60 Bn | 12.86 Bn | -9.70 Bn |
| 4 | Citigroup | 236.49 Bn | -2,065.81 Bn | 24.75 Bn | 14.22 Bn |
| 5 | Bhp | 220.99 Bn | 202.45 Bn | - | - |
| 6 | Rio Tinto | 206.31 Bn | 201.93 Bn | - | - |
| 7 | Diageo | 192.64 Bn | 190.61 Bn | - | - |
| 8 | National Grid | 165.59 Bn | 161.82 Bn | - | - |
| 9 | Unilever | 135.28 Bn | 128.25 Bn | - | - |
| 10 | Hdfc Bank | 119.43 Bn | 82.28 Bn | - | -527.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -527.42 Bn |
| Dec 31, 2025 | 187.71 Bn |
| Sep 30, 2025 | 179.78 Bn |
| Jun 30, 2025 | 174.34 Bn |
| Mar 31, 2025 | 8.77 Bn |
| Dec 31, 2024 | 2.03 Bn |
| Sep 30, 2024 | 2.02 Bn |
| Mar 31, 2024 | 7.41 Bn |
| Dec 31, 2023 | 1.92 Bn |
| Sep 30, 2023 | 1.86 Bn |
| Jun 30, 2023 | 1.85 Bn |
| Mar 31, 2023 | 1.54 Bn |
| Dec 31, 2022 | 1.52 Bn |
| Sep 30, 2022 | 1.52 Bn |
| Jun 30, 2022 | 1.47 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 1.42 Bn |
| Sep 30, 2021 | 1.22 Bn |
| Jun 30, 2021 | 1.18 Bn |
| Mar 31, 2021 | 1.24 Bn |