State Street (STT) Research & Development (2009 - 2026)
State Street's (STT) quarterly Research & Development came in at $589.0 million in Q2 2026, up 12.62% on a YoY basis from $523.0 million in Q2 2025, and down 7.54% quarter-over-quarter from $637.0 million in Q1 2026.
Analysis
State Street (STT) Research & Development (2009 - 2026) Analysis & Trends
State Street (STT) has reported Research & Development for 18 consecutive years, with $589.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 12.62% year-over-year to $589.0 million; the trailing twelve-month figure through Jun 2026 stood at $2.3 billion (up 17.17% YoY), and the FY2025 full-year result was $2.1 billion, up 14.49% from the prior year.
- Research & Development eased to $589.0 million in Q2 2026 per STT's latest filing, from $637.0 million in the prior quarter.
- Across five years, Research & Development topped out at $637.0 million in Q1 2026 and bottomed at $392.0 million in Q2 2022.
- Historically, Research & Development has averaged $471.2 million across 5 years, with a median of $458.5 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Research & Development dropped 4.59% in 2022, then gained 28.17% in 2026.
- Over 5 years, Research & Development stood at $416.0 million in 2022, then climbed by 13.7% to $473.0 million in 2023, then increased by 1.48% to $480.0 million in 2024, then gained by 16.04% to $557.0 million in 2025, then climbed by 5.75% to $589.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $589.0 million, $637.0 million, and $557.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 111.58 Bn | 50.35 Bn | - | 569.00 Mn |
| 2 | State Street | 53.11 Bn | 53.11 Bn | - | 589.00 Mn |
| 3 | Northern Trust | 34.31 Bn | 34.31 Bn | - | - |
| 4 | Sei Investments | 12.97 Bn | 12.57 Bn | - | 46.86 Mn |
| 5 | Healthequity | 7.79 Bn | 7.53 Bn | 257.95 Mn | 73.92 Mn |
| 6 | AtlasClear Holdings | 27.38 Mn | -13.12 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 589.00 Mn |
| Mar 31, 2026 | 637.00 Mn |
| Dec 31, 2025 | 557.00 Mn |
| Sep 30, 2025 | 517.00 Mn |
| Jun 30, 2025 | 523.00 Mn |
| Mar 31, 2025 | 497.00 Mn |
| Dec 31, 2024 | 480.00 Mn |
| Sep 30, 2024 | 463.00 Mn |
| Jun 30, 2024 | 454.00 Mn |
| Mar 31, 2024 | 432.00 Mn |
| Dec 31, 2023 | 473.00 Mn |
| Sep 30, 2023 | 411.00 Mn |
| Jun 30, 2023 | 405.00 Mn |
| Mar 31, 2023 | 414.00 Mn |
| Dec 31, 2022 | 416.00 Mn |
| Sep 30, 2022 | 399.00 Mn |
| Jun 30, 2022 | 392.00 Mn |
| Mar 31, 2022 | 423.00 Mn |
| Dec 31, 2021 | 436.00 Mn |
| Sep 30, 2021 | 406.00 Mn |