STT (State Street Corporation) Stock Financials & Earnings | Market Cap Arena

STT (State Street Corporation) Stock Financials & Earnings | Market Cap Arena

STTState Street Corporation

Mkt Cap$35B

Financial Services·Asset Management·🇺🇸 United States·NYSE

Revenue (TTM)$20.7B

Net Income (TTM)$2.9B

EPS (TTM)$9.41

Free Cash Flow (TTM)$2.7B

Gross Margin67.2%

Op. Margin18.0%

Net Margin14.2%

FCF Margin13.2%

P/S Ratio (TTM)1.7x

P/E Ratio (TTM)11.7x

YoY Rev Growth-5.8%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$4.4B	$3.1B	$688M
Q2 23	$4.7B	$3.1B	$916M
Q3 23	$4.4B	$2.7B	$511M
Q4 23	$5.0B	$3.0B	$201M
Q1 24	$5.3B	$3.1B	$598M
Q2 24	$5.5B	$3.2B	$912M
Q3 24	$5.5B	$3.2B	$925M
Q4 24	$5.7B	$3.4B	$960M
Q1 25	$5.5B	$3.3B	$822M
Q2 25	$5.8B	$3.4B	$889M
Q3 25	$5.7B	$3.5B	$1.1B
Q4 25	$3.7B	$3.7B	$918M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	2.3x	12.7x
Q2 23	2.1x	12.6x
Q3 23	2.0x	14.0x
Q4 23	1.9x	17.8x
Q1 24	1.8x	18.6x
Q2 24	1.7x	19.1x
Q3 24	1.6x	16.3x
Q4 24	1.6x	12.8x
Q1 25	1.6x	12.0x
Q2 25	1.5x	12.1x
Q3 25	1.5x	11.6x
Q4 25	1.7x	11.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$2.9B	-$3.0B
Q2 23	-$852M	-$1.0B
Q3 23	$222M	$87M
Q4 23	$4.2B	$3.9B
Q1 24	-$844M	-$1.1B
Q2 24	-$7.6B	-$7.9B
Q3 24	$2.7B	$2.5B
Q4 24	-$7.4B	-$7.7B
Q1 25	$2.4B	$2.2B
Q2 25	-$8.4B	-$8.8B
Q3 25	$7.9B	$8.1B
Q4 25	$1.5B	$1.2B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$182M
Q2 23	$170M
Q3 23	$135M
Q4 23	$329M
Q1 24	$230M
Q2 24	$213M
Q3 24	$234M
Q4 24	$249M
Q1 25	$226M
Q2 25	$319M
Q3 25	$226M
Q4 25	$267M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+41.0%	+57.1%
Q2 23	+51.4%	+66.9%
Q3 23	+29.3%	+52.3%
Q4 23	+20.8%	+48.0%
Q1 24	+21.8%	+28.3%
Q2 24	+17.3%	+21.6%
Q3 24	+26.0%	+18.7%
Q4 24	+14.4%	-0.9%
Q1 25	+3.4%	-0.9%
Q2 25	+6.3%	+8.0%
Q3 25	+3.8%	+0.8%
Q4 25	-35.3%	-41.7%

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	$286M	7.8%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$1.3B	$23M
Q2 23	$1.1B	$30M
Q3 23	$1.1B	$38M
Q4 23	$1.1B	$51M
Q1 24	$1.3B	$25M
Q2 24	$1.1B	$34M
Q3 24	$1.1B	$45M
Q4 24	$1.2B	$38M
Q1 25	$1.3B	$25M
Q2 25	$1.2B	$39M
Q3 25	$1.2B	$51M

Revenue Segments

Quarter

Revenue by Geography

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$91.7B	$18.7B	$110.4B
Q2 23	$90.0B	$19.2B	$109.2B
Q3 23	$80.8B	$18.7B	$99.5B
Q4 23	$91.7B	$52.0B	$143.7B
Q1 24	$129.0B	$10.5B	$139.5B
Q2 24	$102.8B	$11.7B	$114.6B
Q3 24	$109.3B	$14.3B	$123.5B
Q4 24	$116.1B	$18.4B	$134.6B
Q1 25	$124.1B	$21.1B	$145.2B
Q2 25	$122.9B	$18.0B	$140.8B
Q3 25	$4.8B	$69.4B	$74.2B
Q4 25	$0	$0	$0

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	345M	-5.1%
Q2 23	334M	-3.5%
Q3 23	317M	-4.9%
Q4 23	310M	-2.2%
Q1 24	306M	-1.4%
Q2 24	305M	-0.4%
Q3 24	302M	-1.0%
Q4 24	296M	-1.8%
Q1 25	293M	-1.2%
Q2 25	290M	-0.8%
Q3 25	288M	-0.8%
Q4 25	285M	-1.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	—	—
FY 15	—	—
FY 16	—	—
FY 17	—	—
FY 18	$328K	40K
FY 19	$337K	39K
FY 20	$309K	39K
FY 21	$308K	39K
FY 22	$325K	42K
FY 23	$399K	46K
FY 24	$415K	53K
FY 25	$398K	52K