Citigroup Total Operating Expenses increased by 3.4% to $14.31B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.6%, from $13.43B to $14.31B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 3.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.47B | $11.78B | $13.53B | $13.17B | $12.39B | $12.75B | $12.99B | $13.29B | $13.57B | $13.51B | $16.00B | $14.20B | $13.35B | $13.25B | $13.19B | $13.43B | $13.58B | $14.29B | $13.84B | $14.31B |
| QoQ Change | — | +2.7% | +14.9% | -2.7% | -5.9% | +2.9% | +1.9% | +2.3% | +2.1% | -0.4% | +18.4% | -11.3% | -5.9% | -0.8% | -0.5% | +1.8% | +1.1% | +5.3% | -3.1% | +3.4% |
| YoY Change | — | — | — | — | +8.0% | +8.3% | -4.0% | +0.9% | +9.5% | +6.0% | +23.2% | +6.8% | -1.6% | -1.9% | -17.6% | -5.4% | +1.7% | +7.8% | +5.0% | +6.6% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Markets | $3.31B | $3.34B | $3.17B | $3.47B | $3.51B | $3.49B | $3.61B | $3.84B |
| Services | $2.73B | $2.58B | $2.63B | $2.58B | $2.68B | $2.71B | $2.84B | $2.94B |
| Wealth | $1.54B | $1.59B | $1.59B | $1.64B | $1.56B | $1.65B | $1.65B | $2.42B |
| USCC | $2.36B | $2.38B | $2.78B | $2.44B | $2.38B | $2.37B | $2.52B | $1.71B |
| Banking | $1.13B | $1.12B | $1.05B | $1.03B | $1.14B | $1.14B | $1.15B | $1.24B |
| Total | $13.35B | $13.25B | $13.19B | $13.43B | $13.58B | $14.29B | $13.84B | $14.31B |