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State Street STT Management fees — Topic 606 revenue

Other product segments

Account Servicing
$1.41B+10.5%
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

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$4.51M+17.5%
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WisdomTree logo
WTManagement Fees — Revenue
$1.23M
DigitalBridge Group logo
DBRGManagement fees — Revenue
$85.47M-4.9%
KKR & Co. logo
KKRManagement Fees — Fee Related Revenue
$1.38B+27.1%
Markel logo
MKLManagement Fees — Revenue
$41.55M+60.6%

Other financials

Income statement

See full
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 management fees — topic 606 revenue?
State Street (STT) reported management fees — topic 606 revenue of $724M in Q1 2026.
How has State Street's management fees — topic 606 revenue changed year-over-year?
State Street's management fees — topic 606 revenue increased by 23.3% year-over-year, from $587M to $724M.
What does management fees — topic 606 revenue mean?
This metric represents revenue recognized from investment management services that falls under the scope of ASC 606 revenue recognition standards. It captures fees earned for managing assets where the performance obligation is satisfied over time as the service is provided to clients. This is a core component of the firm's recurring revenue stream derived from its investment management business.