Free cash flow
State Street Free cash flow decreased by 227.0% to -$12.41B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 672.0%, from $2.17B to -$12.41B. Over 2 years (FY 2022 to FY 2025), Free cash flow shows relatively stable performance with a -1.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$7.79B | $191.00M | $4.45B | -$4.32B | $4.26B | $6.83B | -$3.04B | -$1.02B | $87.00M | -$1.07B | -$7.86B | $2.47B | -$7.68B | $2.17B | -$8.76B | $7.66B | $9.78B | -$12.41B |
| QoQ Change | — | +102.5% | >999% | -197.1% | +198.6% | +60.5% | -144.6% | +66.4% | +108.5% | <-999% | -631.6% | +131.5% | -410.4% | +128.3% | -503.7% | +187.4% | +27.6% | -227.0% |
| YoY Change | — | — | — | +44.6% | >999% | — | -168.4% | +76.3% | -98.0% | +64.7% | -668.8% | >999% | — | +302.0% | -11.5% | +209.5% | +227.3% | -672.0% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is State Street's free cash flow?
- State Street (STT) reported free cash flow of -$12.41B in Q1 2026.
- How has State Street's free cash flow changed year-over-year?
- State Street's free cash flow decreased by 672.0% year-over-year, from $2.17B to -$12.41B.
- What is the long-term trend for State Street's free cash flow?
- Over 2 years (2022 to 2025), State Street's free cash flow has grown at a -1.7% compound annual growth rate (CAGR), from $11.22B to $10.84B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.