Wells Fargo annual operating expenses
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Wells Fargo Operating Expenses Growth & History (WFC)
Wells Fargo's operating expenses was $54.84B for fiscal 2025.
View full Wells Fargo company overviewWells Fargo annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $54.84B | $244.0M | +0.45% |
| 2024 | 2024-12-31 | $54.60B | −$964.0M | −1.73% |
| 2023 | 2023-12-31 | $55.56B | −$1.64B | −2.87% |
| 2022 | 2022-12-31 | $57.20B | $3.45B | +6.41% |
| 2021 | 2021-12-31 | $53.76B | −$3.87B | −6.72% |
| 2020 | 2020-12-31 | $57.63B | −$548.0M | −0.94% |
| 2019 | 2019-12-31 | $58.18B | $2.05B | +3.66% |
| 2018 | 2018-12-31 | $56.13B | −$2.36B | −4.03% |
| 2017 | 2017-12-31 | $58.48B | $6.11B | +11.66% |
| 2016 | 2016-12-31 | $52.38B | $2.40B | +4.81% |
| 2015 | 2015-12-31 | $49.97B | $937.0M | +1.91% |
| 2014 | 2014-12-31 | $49.04B | $195.0M | +0.40% |
| 2013 | 2013-12-31 | $48.84B | −$1.56B | −3.09% |
| 2012 | 2012-12-31 | $50.40B | $1.00B | +2.03% |
| 2011 | 2011-12-31 | $49.39B | −$1.06B | −2.11% |
| 2010 | 2010-12-31 | $50.46B | $1.44B | +2.93% |
| 2009 | 2009-12-31 | $49.02B | $26.42B | +116.92% |
| 2008 | 2008-12-31 | $22.60B | −$148.0M | −0.65% |
| 2007 | 2007-12-31 | $22.75B | — | — |
Wells Fargo quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $13.66B | $282.0M | +2.11% |
| Q1 2026 | 2026-03-31 | $14.33B | $439.0M | +3.16% |
| Q4 2025 | 2025-12-31 | $13.73B | −$174.0M | −1.25% |
| Q3 2025 | 2025-09-30 | $13.85B | $779.0M | +5.96% |
| Q2 2025 | 2025-06-30 | $13.38B | $86.0M | +0.65% |
| Q1 2025 | 2025-03-31 | $13.89B | −$447.0M | −3.12% |
| Q4 2024 | 2024-12-31 | $13.90B | −$1.89B | −11.95% |
| Q3 2024 | 2024-09-30 | $13.07B | −$46.0M | −0.35% |
| Q2 2024 | 2024-06-30 | $13.29B | $306.0M | +2.36% |
| Q1 2024 | 2024-03-31 | $14.34B | $662.0M | +4.84% |
| Q4 2023 | 2023-12-31 | $15.79B | −$400.0M | −2.47% |
| Q3 2023 | 2023-09-30 | $13.11B | −$1.19B | −8.34% |
| Q2 2023 | 2023-06-30 | $12.99B | $125.0M | +0.97% |
| Q1 2023 | 2023-03-31 | $13.68B | −$175.0M | −1.26% |
| Q4 2022 | 2022-12-31 | $16.19B | $3.06B | +23.32% |
| Q3 2022 | 2022-09-30 | $14.31B | $1.00B | +7.54% |
| Q2 2022 | 2022-06-30 | $12.86B | −$479.0M | −3.59% |
| Q1 2022 | 2022-03-31 | $13.85B | −$138.0M | −0.99% |
| Q4 2021 | 2021-12-31 | $13.13B | −$1.68B | −11.33% |
| Q3 2021 | 2021-09-30 | $13.30B | −$1.93B | −12.65% |
| Q2 2021 | 2021-06-30 | $13.34B | −$1.21B | −8.32% |
| Q1 2021 | 2021-03-31 | $13.99B | $941.0M | +7.21% |
| Q4 2020 | 2020-12-31 | $14.80B | −$812.0M | −5.20% |
| Q3 2020 | 2020-09-30 | $15.23B | $30.0M | +0.20% |
| Q2 2020 | 2020-06-30 | $14.55B | $1.10B | +8.19% |
| Q1 2020 | 2020-03-31 | $13.05B | −$868.0M | −6.24% |
| Q4 2019 | 2019-12-31 | $15.61B | $2.27B | +17.06% |
| Q3 2019 | 2019-09-30 | $15.20B | $1.44B | +10.43% |
| Q2 2019 | 2019-06-30 | $13.45B | −$533.0M | −3.81% |
| Q1 2019 | 2019-03-31 | $13.92B | −$1.13B | −7.49% |
| Q4 2018 | 2018-12-31 | $13.34B | −$3.46B | −20.60% |
| Q3 2018 | 2018-09-30 | $13.76B | −$588.0M | −4.10% |
| Q2 2018 | 2018-06-30 | $13.98B | $441.0M | +3.26% |
| Q1 2018 | 2018-03-31 | $15.04B | $1.25B | +9.06% |
| Q4 2017 | 2017-12-31 | $16.80B | $3.58B | +27.13% |
| Q3 2017 | 2017-09-30 | $14.35B | $1.08B | +8.16% |
| Q2 2017 | 2017-06-30 | $13.54B | $675.0M | +5.25% |
| Q1 2017 | 2017-03-31 | $13.79B | $764.0M | +5.86% |
| Q4 2016 | 2016-12-31 | $13.21B | $616.0M | +4.89% |
| Q3 2016 | 2016-09-30 | $13.27B | $869.0M | +7.01% |
| Q2 2016 | 2016-06-30 | $12.87B | $397.0M | +3.18% |
| Q1 2016 | 2016-03-31 | $13.03B | $521.0M | +4.17% |
| Q4 2015 | 2015-12-31 | $12.60B | −$48.0M | −0.38% |
| Q3 2015 | 2015-09-30 | $12.40B | $151.0M | +1.23% |
| Q2 2015 | 2015-06-30 | $12.47B | $275.0M | +2.26% |
| Q1 2015 | 2015-03-31 | $12.51B | $559.0M | +4.68% |
| Q4 2014 | 2014-12-31 | $12.65B | $562.0M | +4.65% |
| Q3 2014 | 2014-09-30 | $12.25B | $146.0M | +1.21% |
| Q2 2014 | 2014-06-30 | $12.19B | −$61.0M | −0.50% |
| Q1 2014 | 2014-03-31 | $11.95B | −$452.0M | −3.65% |
| Q4 2013 | 2013-12-31 | $12.09B | −$811.0M | −6.29% |
| Q3 2013 | 2013-09-30 | $12.10B | −$10.0M | −0.08% |
| Q2 2013 | 2013-06-30 | $12.26B | −$142.0M | −1.15% |
| Q1 2013 | 2013-03-31 | $12.40B | −$593.0M | −4.56% |
| Q4 2012 | 2012-12-31 | $12.90B | $388.0M | +3.10% |
| Q3 2012 | 2012-09-30 | $12.11B | $435.0M | +3.73% |
| Q2 2012 | 2012-06-30 | $12.40B | −$78.0M | −0.63% |
| Q1 2012 | 2012-03-31 | $12.99B | $260.0M | +2.04% |
| Q4 2011 | 2011-12-31 | $12.51B | −$832.0M | −6.24% |
| Q3 2011 | 2011-09-30 | $11.68B | −$576.0M | −4.70% |
| Q2 2011 | 2011-06-30 | $12.47B | −$271.0M | −2.13% |
| Q1 2011 | 2011-03-31 | $12.73B | $616.0M | +5.08% |
| Q4 2010 | 2010-12-31 | $13.34B | $519.0M | +4.05% |
| Q3 2010 | 2010-09-30 | $12.25B | $569.0M | +4.87% |
| Q2 2010 | 2010-06-30 | $12.75B | $49.0M | +0.39% |
| Q1 2010 | 2010-03-31 | $12.12B | $299.0M | +2.53% |
| Q4 2009 | 2009-12-31 | $12.82B | — | — |
| Q3 2009 | 2009-09-30 | $11.68B | $6.18B | +112.40% |
| Q2 2009 | 2009-06-30 | $12.70B | $6.85B | +117.23% |
| Q1 2009 | 2009-03-31 | $11.82B | — | — |
| Q3 2008 | 2008-09-30 | $5.50B | — | — |
| Q2 2008 | 2008-06-30 | $5.84B | — | — |
Wells Fargo operating expenses trends
Over the last five fiscal years, Wells Fargo's operating expenses decreased from $57.63B to $54.84B, a change of −$2.79B. The latest reported quarter, Q2 2026, shows $13.66B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Wells Fargo source filings ↗