Hsbc Holdings HSBC
NYSE HSBC
$102.36 +0.04 (+0.04%)
At close: Aug 20, 2026 · 4:00 PM EDT

Hsbc Holdings (HSBC) Operating Expenses (2009 - 2026)

Hsbc Holdings (HSBC) posted Operating Expenses of $609.0 million for Q1 2026, up 106.53% sequentially from -$9.3 billion in Q4 2025.

Hsbc Holdings (HSBC) Operating Expenses (2009 - 2026) Analysis & Trends

Hsbc Holdings has reported Operating Expenses for 18 years, with the latest figure at $609.0 million in Q1 2026.

  • Quarterly Operating Expenses changed N/A year-over-year to $609.0 million in Q1 2026, while the trailing twelve-month figure through Dec 2026 was -$8.7 billion (up 6.53% YoY) and the FY2025 annual result came in at $36.4 billion, up 10.24% from the prior year.
  • Operating Expenses grew to $609.0 million in Q1 2026 per HSBC's latest filing, from -$9.3 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $57.5 billion in Q4 2024 and troughed at -$9.3 billion in Q4 2025.
  • A 5-year average of $9.0 billion and a median of -$8.0 billion in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses gained 3.58% in 2024, then sank 116.23% in 2025.
  • Over 5 years, Operating Expenses stood at -$8.0 billion in 2022, then jumped by 795.86% to $55.5 billion in 2023, then gained by 3.58% to $57.5 billion in 2024, then tumbled by 116.23% to -$9.3 billion in 2025, then surged by 106.53% to $609.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $609.0 million, -$9.3 billion, and $57.5 billion for Q1 2026, Q4 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of America 442.66 Bn -145.83 Bn 30.39 Bn 18.63 Bn
2 Hsbc Holdings 350.79 Bn 350.79 Bn - 16.82 Bn
3 Royal Bank Of Canada 287.27 Bn 88.34 Bn - 6.82 Bn
4 Wells Fargo & Company 254.74 Bn 50.77 Bn - 13.66 Bn
5 Mitsubishi Ufj Financial 246.23 Bn -147.39 Bn 10.89 Bn 17.50 Bn
6 Citigroup 221.13 Bn -2,081.18 Bn 24.75 Bn 14.22 Bn
7 Banco Santander 209.76 Bn 30.11 Bn - -7.44 Bn
8 Toronto Dominion Bank 194.25 Bn 19.76 Bn - 6.11 Bn
9 UBS Group AG 167.62 Bn -48.10 Bn - -
10 Bank of New York Mellon 108.21 Bn 46.98 Bn - 3.44 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 16.82 Bn
Mar 31, 2026 609.00 Mn
Dec 31, 2025 -9.33 Bn
Dec 31, 2024 57.48 Bn
Sep 30, 2024 -8.14 Bn
Dec 31, 2023 55.50 Bn
Sep 30, 2023 -7.97 Bn
Sep 30, 2022 -7.98 Bn
Mar 31, 2022 -8.31 Bn
Sep 30, 2021 -7.99 Bn
Mar 31, 2021 -8.53 Bn
Dec 31, 2020 -17.91 Bn
Sep 30, 2020 -8.04 Bn
Jun 30, 2020 -8.68 Bn
Mar 31, 2020 -7.85 Bn
Dec 31, 2019 -25.20 Bn
Sep 30, 2019 8.15 Bn
Jun 30, 2019 8.93 Bn
Dec 31, 2018 -17.11 Bn
Sep 30, 2018 7.97 Bn