What is Citigroup's net operating loss carryforwards?

Citigroup (C) reported net operating loss carryforwards of $10.00B in Q4 2025.

How has Citigroup's net operating loss carryforwards changed year-over-year?

Citigroup's net operating loss carryforwards increased by 11.1% year-over-year, from $9.00B to $10.00B.

What is the long-term trend for Citigroup's net operating loss carryforwards?

Over 5 years (2020 to 2025), Citigroup's net operating loss carryforwards has grown at a -17.4% compound annual growth rate (CAGR), from $26.00B to $10.00B.

What does net operating loss carryforwards mean?

The value of past losses that can be used to lower future tax bills.

Non-Current Assets

Net Operating Loss Carryforwards

Citigroup Net Operating Loss Carryforwards increased by 11.1% to $10.00B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $9.00B to $10.00B. Over 5 years (FY 2020 to FY 2025), Net Operating Loss Carryforwards shows a downward trend with a -17.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryEfficiency

SignalHigher is better

VolatilityModerate

First reportedQ4 2015

Last reportedQ4 2025Feb 20, 2026

How to read this metric

An increase suggests potential future tax savings, while a decrease indicates the company is utilizing these assets to offset taxable income.

Detailed definition

This represents the tax value of prior operating losses that can be applied to reduce future taxable income. It serves a...

Peer comparison

Common in capital-intensive industries or companies recovering from cyclical downturns.

Metric ID: net_operating_loss_carryforwards

Historical Data

5 periods

	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$15.00B	$8.00B	$7.00B	$9.00B	$10.00B
QoQ Change	—	-46.7%	-12.5%	+28.6%	+11.1%
YoY Change	—	-46.7%	-12.5%	+28.6%	+11.1%

Range$7.00B – $15.00B

CAGR-33.3%

Avg YoY Growth-4.9%

Median YoY Growth-0.7%

Current Streak2 quarters growth

Net Operating Loss Carryforwards at Other Companies

Wells Fargo & CompanyWFC View metric

Morgan StanleyMS View metric

Frequently Asked Questions

What is Citigroup's net operating loss carryforwards?: Citigroup (C) reported net operating loss carryforwards of $10.00B in Q4 2025.
How has Citigroup's net operating loss carryforwards changed year-over-year?: Citigroup's net operating loss carryforwards increased by 11.1% year-over-year, from $9.00B to $10.00B.
What is the long-term trend for Citigroup's net operating loss carryforwards?: Over 5 years (2020 to 2025), Citigroup's net operating loss carryforwards has grown at a -17.4% compound annual growth rate (CAGR), from $26.00B to $10.00B.
What does net operating loss carryforwards mean?: The value of past losses that can be used to lower future tax bills.