State Street STT Account Servicing — Topic 606 revenue
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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.