Northern Trust (NTRS) Operating Expenses (2009 - 2026)

Northern Trust's Operating Expenses history runs 18 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 6.38% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $5.8 billion (up 2.78% YoY), while the FY2025 annual figure was $5.8 billion, up 2.14% from the prior year.
• Operating Expenses came in at $1.5 billion for Q1 2026 at Northern Trust, up from $1.5 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.5 billion in Q2 2024 to a low of $1.2 billion in Q1 2022.
• A 5-year average of $1.4 billion and a median of $1.4 billion in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses rose 15.17% in 2024 and declined 7.65% in 2025, its largest moves.
• Northern Trust's Operating Expenses stood at $1.3 billion in 2022, then rose by 4.9% to $1.4 billion in 2023, then decreased by 0.91% to $1.4 billion in 2024, then rose by 8.82% to $1.5 billion in 2025, then advanced by 0.71% to $1.5 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.5 billion, $1.5 billion, and $1.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

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