Products & Services · Topic 606 revenue
Software services — Topic 606 revenue
State Street Software services — Topic 606 revenue decreased by 41.3% to $169.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.0%, from $158.00M to $169.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026
Rolls up toTotal Revenue
How to read this metric
An increase indicates successful growth in software-based service adoption or higher contract values, while a decrease may signal contract churn or a shift in service delivery models.
Detailed definition
This metric represents revenue recognized from software-related services that fall under the ASC 606 accounting standard...
Peer comparison
Peers in the financial technology and custody space report similar revenue under 'Technology Services' or 'Software-as-a-Service' line items.
Metric ID:
stt_segment_software_services_topic_606_revenueHistorical Data
20 periods
| 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 | $0.00 | $0.00 | -$108.00M | $151.00M | $138.00M | $0.00 | -$289.00M | $120.00M | $174.00M | $0.00 | -$294.00M | $0.00 | $162.00M | $0.00 | $726.00M | $158.00M | $230.00M | $227.00M | $288.00M | $169.00M |
| QoQ Change | — | — | — | +239.8% | -8.6% | -100.0% | — | +141.5% | +45.0% | -100.0% | — | +100.0% | — | -100.0% | — | -78.2% | +45.6% | -1.3% | +26.9% | -41.3% |
| YoY Change | — | — | — | — | — | — | -167.6% | -20.5% | +26.1% | — | -1.7% | -100.0% | -6.9% | — | +346.9% | — | +42.0% | — | -60.3% | +7.0% |
Range-$294.00M – $726.00M
Avg YoY Growth+6.5%
Median YoY Growth-4.3%
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Frequently Asked Questions
- What is State Street's software services — topic 606 revenue?
- State Street (STT) reported software services — topic 606 revenue of $169.00M in Q1 2026.
- How has State Street's software services — topic 606 revenue changed year-over-year?
- State Street's software services — topic 606 revenue increased by 7.0% year-over-year, from $158.00M to $169.00M.
- What does software services — topic 606 revenue mean?
- Revenue generated from software-related service contracts recognized in accordance with standard accounting principles for customer contracts.