State Street (STT) Operating Expenses (2009 - 2026)
State Street (STT) posted Operating Expenses of $2.8 billion for Q1 2026, up 2.55% on a QoQ basis from $2.7 billion in Q4 2025, and up 14.73% year-over-year from $2.4 billion in Q1 2025.
State Street (STT) Operating Expenses (2009 - 2026) Analysis & Trends
State Street's Operating Expenses history runs 18 years deep, the most recent figure standing at $2.8 billion for Q1 2026.
- Quarterly Operating Expenses rose 14.73% year-over-year to $2.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.5 billion (up 11.07% YoY) and the FY2025 annual result came in at $10.2 billion, up 6.55% from the prior year.
- Operating Expenses was $2.8 billion for Q1 2026 at State Street, 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.
- 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 climbed 25.09% — and 2024, when it declined 13.54%.
- State Street's Operating Expenses stood at $2.3 billion in 2022, then increased by 25.09% to $2.8 billion in 2023, then retreated by 13.54% to $2.4 billion in 2024, then climbed by 12.34% to $2.7 billion in 2025, then climbed by 2.55% to $2.8 billion in 2026.
- Business Quant data shows STT's Operating Expenses at $2.8 billion in Q1 2026, $2.7 billion in Q4 2025, and $2.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -14.14 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 3.88 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 2.26 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 4.68 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 3.12 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 1.18 Bn |
| 10 | Principal Financial | 23.31 Bn | -27.00 Bn | -463.00 Mn | 3.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |