Banco Santander (SAN) Cost of Revenue (2009 - 2026)

Banco Santander has disclosed Cost of Revenue across 18 years of filings, most recently posting $7.8 billion for Q2 2026.

• In Q2 2026, Cost of Revenue rose 477.56% year-over-year to $7.8 billion; the TTM figure through Jun 2026 stood at $20.9 billion (up 230.26% YoY), while the FY2025 annual figure was $2.8 billion, up 1.96% from the prior year.
• Cost of Revenue came in at $7.8 billion for Q2 2026 at Banco Santander, up from $7.6 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $7.8 billion in Q2 2026 to a low of $516.3 million in Q1 2022.
• Average Cost of Revenue over 5 years is $2.4 billion, with a median of $1.6 billion recorded in 2024.
• Year-over-year, Cost of Revenue sank 33.22% in 2025 and surged 1067.75% in 2026.
• Over 5 years, Cost of Revenue stood at $2.9 billion in 2022, then rose by 6.36% to $3.0 billion in 2023, then decreased by 20.67% to $2.4 billion in 2024, then jumped by 51.43% to $3.7 billion in 2025, then surged by 113.99% to $7.8 billion in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $7.8 billion in Q2 2026, $7.6 billion in Q1 2026, and $3.7 billion in Q4 2025.