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State Street STT Account Servicing — Topic 606 revenue

Other product segments

Management fees
$724M+23.3%
Foreign exchange trading services
$435M+29.1%
Software services
$169M+7.0%
Securities finance
$116M+1.8%
Other fee revenue
$107M+8.1%
Total other income
$1M

Similar metrics at other companies

Associated Banc-Corp logo
ASBDeposit Account — Noninterest Income In Scope of Topic 606
$14.05M+9.7%
Eastern Bankshares, Inc. logo
EBCService charges on deposit accounts — Total noninterest income in-scope of ASC 606
$9.93M+19.4%
Sezzle logo
SEZLIncome from other sources — Topic 606
$36.62M+57.0%
German American Bancorp logo
GABCOther Revenues — Non-interest Income (in-scope of Topic 606)
$11.23M+11.5%
Cass Information Systems logo
CASSBank service fees — Fee revenues, in-scope of FASB ASC 606
$372K+10.7%
Tompkins Financial logo
TMPInvestment Service Income — Noninterest Income (in-scope of ASC 606)
$5.03M+2.7%

Other financials

Income statement

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Revenue$3.8B+15.6%
Net income$764.0M+18.6%
EPS (diluted)$2.49+22.1%

Balance sheet

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Cash & equivalents$6.5B+39.9%
Total debt$25.2B+1.6%
Total equity$27.7B+3.9%
Total assets$392.17B+5.2%

Cash flow

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Operating cash flow-$12.1B-607%
CapEx$270.0M+19.5%
Free cash flow-$12.4B-672%

Valuation

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Market cap$49.8B+59.5%
Enterprise value$68.52B+29.0%
P/E16.3×+5.3×
P/S3.5×+1.1×

Profitability

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Net margin21.2%-0.6pp
FCF margin-25.9%

Returns & leverage

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Return on equity11.3%0.0pp
Debt / equity0.9×0.0×

Where this comes from

Reported directly by State Street in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: State Street’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is State Street's account servicing — topic 606 revenue?
State Street (STT) reported account servicing — topic 606 revenue of $1.41B in Q1 2026.
How has State Street's account servicing — topic 606 revenue changed year-over-year?
State Street's account servicing — topic 606 revenue increased by 10.5% year-over-year, from $1.28B to $1.41B.
What does account servicing — topic 606 revenue mean?
This metric represents revenue recognized from account servicing activities that falls under the scope of ASC 606, primarily consisting of fees derived from contracts with customers for services such as fund accounting, administration, and custody. It reflects the core transactional and service-based income generated by providing operational support to institutional clients. This revenue stream is typically tied to the volume of assets serviced or the complexity of the service provided.