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% on a YoY basis from $2.5 billion in Q2 2025, and down 5.41% quarter-over-quarter from $2.8 billion in Q1 2026.
Analysis
State Street (STT) Operating Expenses (2009 - 2026) Analysis & Trends
State Street (STT) has reported Operating Expenses for 18 consecutive years, with $2.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 5.14% year-over-year to $2.7 billion; the trailing twelve-month figure through Jun 2026 stood at $10.6 billion (up 9.44% YoY), and the FY2025 full-year result was $10.2 billion, up 6.55% from the prior year.
- Operating Expenses fell to $2.7 billion in Q2 2026 per STT's latest filing, from $2.8 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.
- Historically, Operating Expenses has averaged $2.4 billion across 5 years, with a median of $2.4 billion in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses gained 25.09% in 2023, then slipped 13.54% in 2024.
- Over 5 years, 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 retreated by 2.99% to $2.7 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.7 billion, $2.8 billion, and $2.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 111.85 Bn | 51.23 Bn | - | 3.44 Bn |
| 2 | State Street | 53.36 Bn | 53.36 Bn | - | 2.66 Bn |
| 3 | Northern Trust | 34.15 Bn | 34.15 Bn | - | 1.64 Bn |
| 4 | Sei Investments | 13.24 Bn | 13.16 Bn | - | 444.60 Mn |
| 5 | Healthequity | 7.97 Bn | 7.71 Bn | 257.95 Mn | 159.26 Mn |
| 6 | AtlasClear Holdings | 28.46 Mn | -12.04 Mn | - | 7.13 Mn |
Historic Data
Download Data
Historic 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 |