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Northern Trust (NTRS) free cash flow by quarter

Northern Trust's free cash flow was $1.8B in Q3 2026 (third quarter 2026), +407% from Q4 2025. Over the last 5 quarters it ranged from $356M (Q4 2025) to $2.7B (Q1 2025).

Northern Trust free cash flow by quarterNorthern Trust free cash flow by quarter$2.7BQ1 2025$1.9BQ2 2025$509MQ3 2025$356MQ4 2025$1.8BQ3 2026
QuarterFree cash flowQ/QY/Y
Q3 2026$1.8B+407%+254%
Q4 2025$356M-30%—
Q3 2025$509M-73%—
Q2 2025$1.9B-32%—
Q1 2025$2.7B——

Q3 2026 at a glance

Northern Trust, Q3 2026: revenue $2.3B (+13% year over year), operating margin 34.7%, net earnings $643M, operating cash flow $1.8B. The chart follows the revenue to costs, profit and cash.

Questions

What is Northern Trust's free cash flow?

Northern Trust's free cash flow was $1.8B in Q3 2026 (third quarter 2026), +407% from Q4 2025.

How has Northern Trust's free cash flow changed?

Over the last 5 quarters it ranged from $356M (Q4 2025) to $2.7B (Q1 2025).

Q3 2026 results → · How Northern Trust makes money →