UBS Group AG (UBS) Operating Expenses (2021 - 2025)
UBS Group AG (UBS) posted Operating Expenses of $9.8 billion for Q2 2025, down 5.5% sequentially from $10.3 billion in Q1 2025, and down 5.65% YoY from $10.3 billion in Q2 2024.
UBS Group AG (UBS) Operating Expenses (2021 - 2025) Analysis & Trends
UBS Group AG has reported Operating Expenses for 5 years, with the latest figure at $9.8 billion in Q2 2025.
- Quarterly Operating Expenses fell 5.65% year-over-year to $9.8 billion in Q2 2025, while the trailing twelve-month figure through Dec 2025 was $20.1 billion (down 2.51% YoY) and the FY2025 annual result came in at $40.2 billion, down 2.53% from the prior year.
- Operating Expenses declined to $9.8 billion in Q2 2025 per UBS's latest filing, from $10.3 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $10.3 billion in Q2 2024 and troughed at $6.3 billion in Q2 2022.
- A 5-year average of $8.2 billion and a median of $7.8 billion in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 42.26% in 2024, then declined 5.65% in 2025.
- Over 5 years, Operating Expenses stood at $6.4 billion in 2021, then fell by 1.39% to $6.3 billion in 2022, then soared by 34.81% to $8.5 billion in 2023, then rose by 21.85% to $10.3 billion in 2024, then declined by 5.65% to $9.8 billion in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $9.8 billion, $10.3 billion, and $10.3 billion for Q2 2025, Q1 2025, and Q2 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 18.63 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | 16.82 Bn |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 6.82 Bn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 13.66 Bn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | 17.50 Bn |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 14.22 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | -7.44 Bn |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 6.11 Bn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 3.44 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 9.76 Bn |
| Mar 31, 2025 | 10.32 Bn |
| Jun 30, 2024 | 10.34 Bn |
| Mar 31, 2024 | 10.26 Bn |
| Jun 30, 2023 | 8.49 Bn |
| Mar 31, 2023 | 7.21 Bn |
| Jun 30, 2022 | 6.30 Bn |
| Mar 31, 2022 | 6.63 Bn |
| Jun 30, 2021 | 6.38 Bn |
| Mar 31, 2021 | 6.41 Bn |