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Citigroup C Markets — Non-compensation expense

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MSNon-compensation expenses
$4.93B+8.6%

Other financials

Income statement

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Revenue$24.8B+14.3%
Net income$5.8B+45.1%
EPS (diluted)$3.15+60.7%

Balance sheet

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Cash & equivalents$366.41B+8.6%
Total debt$413.92B+7.4%
Total equity$212.02B-0.6%
Total assets$2.89T+10.4%

Cash flow

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Operating cash flow-$24.1B+34.2%
CapEx$1.6B-11.6%
Free cash flow-$25.6B+33.1%

Valuation

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Market cap$230.88B+36.0%
Enterprise value$278.38B+27.8%
P/E12.9×+1.0×
P/S2.5×+0.5×

Profitability

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Gross margin76.6%
Net margin19.5%+2.4pp
FCF margin-71.1%

Returns & leverage

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Return on equity8.4%+1.7pp
Debt / equity+0.1×

Where this comes from

Reported directly by Citigroup in its filing.

Tagged under the XBRL concept c:OperatingExpenseExcludingCompensationExpense.

The source filing: Citigroup’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000831001-26-000045
In millions of dollars, except end-of-period assets, average loans and average deposits in billionsThree Months Ended June 30, / Services / 2026Three Months Ended June 30, / Services / 2025Three Months Ended June 30, / Markets / 2026Three Months Ended June 30, / Markets / 2025Three Months Ended June 30, / Banking / 2026Three Months Ended June 30, / Banking / 2025
Non-interest revenue2,0911,8003,0053,1561,362904
Total revenues, net of interest expense$6,382$5,430$7,007$5,980$1,922$1,434
Compensation expense(1)$679$641$1,177$992$733$695
Non-compensation expense(2)2,1242,0382,6072,516479442
Total operating expense$2,803$2,679$3,784$3,508$1,212$1,137
Provisions for credit losses and for benefits and claims$58$353$109$108$242$173
Provision (benefits) for income taxes92467071054011733
Income (loss) from continuing operations2,5971,7282,4041,82435191

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FAQ

What is Citigroup's markets — non-compensation expense?
Citigroup (C) reported markets — non-compensation expense of $2.61B in Q2 2026.
How has Citigroup's markets — non-compensation expense changed year-over-year?
Citigroup's markets — non-compensation expense increased by 3.6% year-over-year, from $2.52B to $2.61B.
What is the long-term trend for Citigroup's markets — non-compensation expense?
Over 3 years (2022 to 2025), Citigroup's markets — non-compensation expense has grown at a 4.3% compound annual growth rate (CAGR), from $8.91B to $10.09B.
What does markets — non-compensation expense mean?
Operating expenses for the Markets segment excluding personnel costs, such as technology infrastructure, occupancy, legal, and professional services. This reflects the operational overhead required to maintain trading and banking platforms.

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