State Street Q2 FY26: where the revenue came from and where it went
The whole income statement of State Street for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Jul 30, 2026
Revenue$4.05B
+17% year over year
Operating profit$1.39B
34% margin
Net profit$1.08B
27% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 4.05 | 100% | +17% |
| Account servicing | 1.47 | 36% | +13% |
| Interest income net | 0.86 | 21% | +18% |
| Management services | 0.77 | 19% | +29% |
| Foreign exchange trading | 0.49 | 12% | +26% |
| Processing services | 0.17 | 4% | −2% |
| Securities financing | 0.15 | 4% | +19% |
| Other fee | 0.14 | 4% | +9% |
| Operating expenses | −2.66 | 66% | |
| Compensation | −1.29 | 32% | −5pp |
| Occupancy | −0.10 | 2% | −1pp |
| Professional services | −0.12 | 3% | +0pp |
| Technology | −0.59 | 15% | −1pp |
| Marketing | −0.06 | 2% | +0pp |
| Other | −0.50 | 12% | +0pp |
| Operating profit | 1.39 | 34% margin | +9pp |
| Tax | −0.31 | ||
| Net profit | 1.08 | 27% margin | +7pp |
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