Mizuho Financial (MFG) Operating Expenses (2009 - 2026)

Mizuho Financial (MFG) posted Operating Expenses of -$17.4 billion for Q1 2026, down 164.59% on a QoQ basis from $26.9 billion in Q4 2025, and up 25.03% year-over-year from -$13.9 billion in Q1 2025.

Mizuho Financial (MFG) Operating Expenses (2009 - 2026) Analysis & Trends

Mizuho Financial's Operating Expenses history runs 18 years deep, the most recent figure standing at -$17.4 billion for Q1 2026.

  • Quarterly Operating Expenses rose 25.03% year-over-year to -$17.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.0 billion (up 16.16% YoY) and the FY2026 annual result came in at $17.5 billion, up 10.61% from the prior year.
  • Operating Expenses was -$17.4 billion for Q1 2026 at Mizuho Financial, down from $26.9 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $31.5 billion in Q4 2024 and bottomed at -$23.2 billion in Q1 2025.
  • A 5-year average of $3.7 billion and a median of -$689.4 million in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 121.24% — and 2023, when it plunged 1781.88%.
  • Mizuho Financial's Operating Expenses stood at $19.3 billion in 2022, then jumped by 48.73% to $28.7 billion in 2023, then gained by 9.98% to $31.5 billion in 2024, then slipped by 14.59% to $26.9 billion in 2025, then plunged by 164.59% to -$17.4 billion in 2026.
  • Business Quant data shows MFG's Operating Expenses at -$17.4 billion in Q1 2026, $26.9 billion in Q4 2025, and -$3.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -20.00 Mn
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -1.06 Bn
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -287,925.00
4 Lloyds Banking 360.83 Bn 360.83 Bn - -3.86 Bn
5 First Capital 204.17 Bn 203.82 Bn - 7.75 Mn
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 11.90 Mn
7 NatWest 144.82 Bn -51.17 Bn - -2.75 Bn
8 Pnc Financial Services 101.80 Bn 101.80 Bn - 3.77 Bn
9 Us Bancorp 99.51 Bn 99.51 Bn - 4.27 Bn
10 Mizuho Financial 26.44 Bn 26.44 Bn - -17.40 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -17.40 Bn
Dec 31, 2025 26.93 Bn
Sep 30, 2025 -3.72 Bn
Jun 30, 2025 12.17 Bn
Mar 31, 2025 -23.21 Bn
Dec 31, 2024 31.54 Bn
Sep 30, 2024 -5.86 Bn
Jun 30, 2024 13.02 Bn
Mar 31, 2024 -20.24 Bn
Dec 31, 2023 28.67 Bn
Sep 30, 2023 -3.64 Bn
Jun 30, 2023 11.42 Bn
Mar 31, 2023 -12.97 Bn
Dec 31, 2022 19.28 Bn
Sep 30, 2022 -757.39 Mn
Jun 30, 2022 7.97 Bn
Mar 31, 2022 -689.40 Mn
Dec 31, 2021 8.71 Bn
Sep 30, 2021 3.08 Bn
Jun 30, 2021 4.73 Bn