State Street (STT) Operating Expenses (2009 - 2026)
State Street's (STT) quarterly Operating Expenses came in at $2.7 billion in Q2 2026, up 5.14% YoY from $2.5 billion in Q2 2025, and down 5.41% on a QoQ basis from $2.8 billion in Q1 2026.
State Street (STT) Operating Expenses (2009 - 2026) Analysis & Trends
State Street (STT) has 18 years of Operating Expenses data on file, last reported at $2.7 billion in Q2 2026.
- Quarterly Operating Expenses rose 5.14% year-over-year to $2.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $10.6 billion (up 9.44% YoY) and the FY2025 annual result came in at $10.2 billion, up 6.55% from the prior year.
- Operating Expenses slipped to $2.7 billion in Q2 2026, from $2.8 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $2.8 billion in Q4 2023 to a low of $2.1 billion in Q2 2022.
- A 5-year average of $2.4 billion and a median of $2.4 billion in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses rose 25.09% — and 2024, when it decreased 13.54%.
- Tracing STT's Operating Expenses over 5 years: stood at $2.3 billion in 2022, then climbed by 25.09% to $2.8 billion in 2023, then declined by 13.54% to $2.4 billion in 2024, then gained by 12.34% to $2.7 billion in 2025, then declined by 2.99% to $2.7 billion in 2026.
- The last three Operating Expenses figures came in at $2.7 billion (Q2 2026), $2.8 billion (Q1 2026), and $2.7 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 4.62 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 2.38 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 5.41 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 1.64 Bn |
| 10 | Raymond James Financial | 33.40 Bn | 20.15 Bn | - | 3.18 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.66 Bn |
| Mar 31, 2026 | 2.81 Bn |
| Dec 31, 2025 | 2.74 Bn |
| Sep 30, 2025 | 2.43 Bn |
| Jun 30, 2025 | 2.53 Bn |
| Mar 31, 2025 | 2.45 Bn |
| Dec 31, 2024 | 2.44 Bn |
| Sep 30, 2024 | 2.31 Bn |
| Jun 30, 2024 | 2.27 Bn |
| Mar 31, 2024 | 2.51 Bn |
| Dec 31, 2023 | 2.82 Bn |
| Sep 30, 2023 | 2.18 Bn |
| Jun 30, 2023 | 2.21 Bn |
| Mar 31, 2023 | 2.37 Bn |
| Dec 31, 2022 | 2.26 Bn |
| Sep 30, 2022 | 2.11 Bn |
| Jun 30, 2022 | 2.11 Bn |
| Mar 31, 2022 | 2.33 Bn |
| Dec 31, 2021 | 2.33 Bn |
| Sep 30, 2021 | 2.12 Bn |