Hdfc Bank (HDB) Operating Expenses (2009 - 2026)
Hdfc Bank's Operating Expenses was -$527.42 billion in fiscal Q4 2026 (quarter ended Mar 31, 2026), compared with $8.77 billion a year earlier.
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Analysis
Hdfc Bank (HDB) Operating Expenses (2009 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Operating Expenses at Hdfc Bank came in at $14.4 billion, down 97.9% from FY2025.
- Operating Expenses shows a five-year compound annual growth rate of 25.2% (FY2021 to FY2026).
- In earlier fiscal years, Operating Expenses was $681.75 billion in FY2025, $12.83 billion in FY2024 (+124.9%), $5.7 billion in FY2023 (+15.9%) and $4.92 billion in FY2022 (+5.0%).
- The fiscal Q4 2026 figure marks the lowest quarterly Operating Expenses in data going back to fiscal Q4 2009.
- The best year-over-year quarter for Operating Expenses over five years was fiscal Q4 2024 (growth of 379.9%); the worst was fiscal Q1 2022 (a decline of 100.0%).
- Per Business Quant data, HDB's Operating Expenses in the three fiscal quarters before Q4 2026 was $187.71 billion (Q3 2026), $179.78 billion (Q2 2026) and $174.34 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 27.32 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -3,218.32 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 18.63 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 13.90 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 7.02 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 17.50 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 11.67 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 13.66 Bn |
| 10 | Hdfc Bank | 114.63 Bn | 32.56 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 |
| Jun 30, 2024 | 1.99 Bn |
| Mar 31, 2024 | 7.41 Bn |
| Dec 31, 2023 | 1.92 Bn |
| Sep 30, 2023 | 1.86 Bn |
| Jun 30, 2023 | 1.71 Bn |
| Mar 31, 2023 | 1.54 Bn |
| Dec 31, 2022 | 1.52 Bn |
| Sep 30, 2022 | 1.41 Bn |
| Jun 30, 2022 | 1.36 Bn |
| Mar 31, 2022 | 1.33 Bn |
| Dec 31, 2021 | 1.31 Bn |
| Sep 30, 2021 | 2.40 Bn |
| Jun 30, 2021 | 11,067.11 |
API Access
Hdfc Bank Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=HDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HDB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();