C (Citigroup Inc.) Stock Financials & Earnings

Company Info & Key Metrics

Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin Ame...

CEOJane Nind Fraser

Country🇺🇸 United States

ExchangeNYSE

IPOJan 3, 1977

www.citigroup.com

Revenue$40.9B

YoY Growth-0.1%

QoQ Growth-6.8%

Net Income$2.4B

EPS$1.19

Free Cash Flow$2.0B

Gross Margin43.2%

Op. Margin9.3%

Net Margin6.0%

FCF Margin5.0%

Rev Multiple (TTM)1.1x

P/E Ratio (TTM)13.1x

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$36.5B	$18.4B	$6.2B
Q2 23	$38.2B	$17.6B	$4.0B
Q3 23	$40.7B	$17.9B	$4.8B
Q4 23	$41.4B	$15.3B	-$2.1B
Q1 24	$43.7B	$18.7B	$4.5B
Q2 24	$42.6B	$17.7B	$4.3B
Q3 24	$43.4B	$17.7B	$4.4B
Q4 24	$40.9B	$17.0B	$3.8B
Q1 25	$41.3B	$18.9B	$5.4B
Q2 25	$42.4B	$18.8B	$5.2B
Q3 25	$43.8B	$19.6B	$5.3B
Q4 25	$40.9B	$17.7B	$3.8B

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.6x	12.3x
Q2 23	1.4x	13.8x
Q3 23	1.3x	13.7x
Q4 23	1.2x	20.2x
Q1 24	1.1x	23.3x
Q2 24	1.1x	22.5x
Q3 24	1.1x	23.3x
Q4 24	1.1x	14.7x
Q1 25	1.1x	13.9x
Q2 25	1.1x	13.2x
Q3 25	1.1x	12.7x
Q4 25	1.1x	13.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$30.5B	-$32.1B
Q2 23	-$54.1B	-$55.5B
Q3 23	$15.8B	$14.1B
Q4 23	-$4.7B	-$6.4B
Q1 24	-$10.8B	-$12.4B
Q2 24	-$17.0B	-$18.6B
Q3 24	-$16.7B	-$18.2B
Q4 24	$24.8B	$23.1B
Q1 25	-$58.7B	-$60.2B
Q2 25	-$36.6B	-$38.3B
Q3 25	$1.1B	-$517M
Q4 25	$3.7B	$2.0B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$1.6B
Q2 23	$1.5B
Q3 23	$1.7B
Q4 23	$1.8B
Q1 24	$1.6B
Q2 24	$1.6B
Q3 24	$1.6B
Q4 24	$1.7B
Q1 25	$1.5B
Q2 25	$1.8B
Q3 25	$1.6B
Q4 25	$1.6B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+69.8%	+86.8%
Q2 23	+64.3%	+97.8%
Q3 23	+61.4%	+72.5%
Q4 23	+36.0%	+59.5%
Q1 24	+19.9%	+29.4%
Q2 24	+11.7%	+12.3%
Q3 24	+6.4%	+8.4%
Q4 24	-1.2%	-14.7%
Q1 25	-5.6%	-8.6%
Q2 25	-0.7%	-3.1%
Q3 25	+1.1%	-1.2%
Q4 25	-0.1%	-0.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	—	$7.6B	$331M
Q2 23	—	$7.4B	$361M
Q3 23	—	$7.4B	$324M
Q4 23	—	$6.9B	$377M
Q1 24	—	$7.7B	$228M
Q2 24	—	$6.9B	$280M
Q3 24	—	$7.1B	$282M
Q4 24	—	$6.9B	$323M
Q1 25	—	$7.5B	$250M
Q2 25	—	$7.6B	$269M
Q3 25	$2.3B	$9.7B	$260M
Q4 25	—	$13.5B	$318M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$329.0B	$230.1B	$559.1B
Q2 23	$296.9B	$225.6B	$522.5B
Q3 23	$254.0B	$227.1B	$481.1B
Q4 23	$260.9B	$245.1B	$506.0B
Q1 24	$272.7B	$253.1B	$525.8B
Q2 24	$246.1B	$246.5B	$492.6B
Q3 24	$303.1B	$231.9B	$535.0B
Q4 24	$276.5B	$221.5B	$498.0B
Q1 25	$308.3B	$219.5B	$527.8B
Q2 25	$337.5B	$225.7B	$563.2B
Q3 25	$348.1B	$324.5B	$672.6B
Q4 25	$349.6B	$325.9B	$675.4B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	1.96B	+0.4%
Q2 23	1.97B	+0.2%
Q3 23	1.95B	-0.9%
Q4 23	1.91B	-2.2%
Q1 24	1.93B	+0.9%
Q2 24	1.95B	+0.9%
Q3 24	1.94B	-0.3%
Q4 24	1.93B	-0.5%
Q1 25	1.92B	-0.6%
Q2 25	1.89B	-1.4%
Q3 25	1.86B	-1.6%
Q4 25	1.86B	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$377K	241K
FY 15	$382K	231K
FY 16	$380K	219K
FY 17	$426K	209K
FY 18	$476K	204K
FY 19	$517K	200K
FY 20	$423K	210K
FY 21	$358K	223K
FY 22	$418K	240K
FY 23	$650K	239K
FY 24	$745K	229K
FY 25	$745K	226K