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