KPIs & Operating Metrics(New)

State Street (STT) Operating Expenses (2009 - 2026)

State Street posted quarterly Operating Expenses of $2.8 billion for Q1 2026, up 14.73% year-on-year from $2.4 billion in Q1 2025, and up 2.55% on a QoQ basis from $2.7 billion in Q4 2025.

State Street (STT) has 18 years of Operating Expenses data on file, last reported at $2.8 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 14.73% year-over-year to $2.8 billion; the trailing twelve-month figure through Mar 2026 stood at $10.5 billion (up 11.07% YoY), and the FY2025 full-year result was $10.2 billion, up 6.55% from the prior year.
  • Operating Expenses for Q1 2026 stood at $2.8 billion, up from $2.7 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.8 billion in Q4 2023 and bottomed at $2.1 billion in Q2 2022.
  • The 5-year median for Operating Expenses is $2.4 billion (2023), against an average of $2.4 billion.
  • The widest annual swing landed in 2023, when Operating Expenses rose 25.09%; it then decreased 13.54% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $2.3 billion in 2022, then grew by 25.09% to $2.8 billion in 2023, then fell by 13.54% to $2.4 billion in 2024, then advanced by 12.34% to $2.7 billion in 2025, then advanced by 2.55% to $2.8 billion in 2026.
  • The last three Operating Expenses figures came in at $2.8 billion (Q1 2026), $2.7 billion (Q4 2025), and $2.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 3.88 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 2.26 Bn
3 Kkr 84.94 Bn 132.45 Bn - 3.87 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 733.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 4.68 Bn
6 State Street 44.42 Bn 18.75 Bn - 2.81 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 3.67 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 1.51 Bn
9 Ares Management 28.85 Bn 32.22 Bn - 1.17 Bn
10 Raymond James Financial 28.62 Bn 17.38 Bn - 3.12 Bn

Historic Data

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DateValue
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
Jun 30, 2021 2.11 Bn
Mar 31, 2021 2.33 Bn
Dec 31, 2020 2.28 Bn
Sep 30, 2020 2.10 Bn
Jun 30, 2020 2.08 Bn
Mar 31, 2020 2.26 Bn
Dec 31, 2019 2.41 Bn
Sep 30, 2019 2.18 Bn
Jun 30, 2019 2.15 Bn
Mar 31, 2019 2.29 Bn
Dec 31, 2018 2.49 Bn
Sep 30, 2018 2.09 Bn
Jun 30, 2018 2.17 Bn
Mar 31, 2018 2.27 Bn
Dec 31, 2017 2.13 Bn
Sep 30, 2017 2.02 Bn
Jun 30, 2017 2.03 Bn
Mar 31, 2017 2.09 Bn
Dec 31, 2016 2.18 Bn
Sep 30, 2016 1.98 Bn
Jun 30, 2016 1.86 Bn
Mar 31, 2016 2.05 Bn
Dec 31, 2015 1.86 Bn
Sep 30, 2015 1.96 Bn
Jun 30, 2015 2.13 Bn
Mar 31, 2015 2.10 Bn
Dec 31, 2014 2.06 Bn
Sep 30, 2014 1.89 Bn
Jun 30, 2014 1.85 Bn
Mar 31, 2014 2.03 Bn
Dec 31, 2013 1.85 Bn
Sep 30, 2013 1.72 Bn
Jun 30, 2013 1.80 Bn
Mar 31, 2013 1.83 Bn
Dec 31, 2012 1.86 Bn
Sep 30, 2012 1.42 Bn
Jun 30, 2012 1.77 Bn
Mar 31, 2012 1.84 Bn
Dec 31, 2011 1.91 Bn
Sep 30, 2011 1.80 Bn
Jun 30, 2011 1.77 Bn
Mar 31, 2011 1.68 Bn
Dec 31, 2010 1.13 Bn
Sep 30, 2010 1.50 Bn
Jun 30, 2010 1.94 Bn
Mar 31, 2010 1.57 Bn
Dec 31, 2009 1.86 Bn
Sep 30, 2009 1.47 Bn
Jun 30, 2009 1.36 Bn
Mar 31, 2009 1.30 Bn