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

State Street (STT) reported Operating Expenses of $2.8 billion for Q1 2026, up 14.73% on a YoY basis from $2.4 billion in Q1 2025, and up 2.55% quarter-over-quarter from $2.7 billion in Q4 2025.

State Street (STT) Operating Expenses (2009 - 2026) Analysis & Trends

State Street has reported Operating Expenses for 18 years, with the latest figure 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.
  • The five-year high for Operating Expenses was $2.8 billion in Q4 2023, with the low 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.
  • Annual changes were most pronounced in 2023 — Operating Expenses rose 25.09% — and 2024, when it decreased 13.54%.
  • State Street's Operating Expenses 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 gained 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 163.18 Bn 153.56 Bn - 3.88 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 2.26 Bn
3 Kkr 86.45 Bn 133.96 Bn - 3.87 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 4.68 Bn
5 State Street 46.95 Bn 21.27 Bn - 2.81 Bn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 31.92 Bn 31.92 Bn - 1.51 Bn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 3.12 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 1.17 Bn
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 3.05 Bn

Historic Data

Download Data
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