Mizuho Financial Group, Inc. (MFG) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MFG Revenue Growth
Revenue Breakdown (FY 2025)
MFG's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MFG Revenue Analysis (2014–2025)
As of May 8, 2026, Mizuho Financial Group, Inc. (MFG) generated trailing twelve-month (TTM) revenue of $8.49 trillion, reflecting modest growth of +1.5% year-over-year. The most recent quarter (Q2 2026) recorded $2.15 trillion in revenue, up 6.8% sequentially.
Looking at the longer-term picture, MFG's 5-year compound annual growth rate (CAGR) stands at +19.1%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $8.60 trillion in 2025, representing a new all-time high.
Revenue diversification analysis shows MFG's business is primarily driven by Financial Service (50%), Securities related business (11%), and Lending related business (10%).
When compared to Financial Services sector peers including MUFG, SMFG, and DB. Compare MFG vs MUFG →
MFG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MFGCurrent | $8.49T | +1.5% | +19.1% | 13.8% | |
 MUFG | $12.43T | - | - | 20.5% | |
 SMFG | $9.66T | - | - | 17.6% | |
 DB | $60.9B | - | - | 16.0% | |
 BBVA | $36.9B | - | - | 43.9% | |
 ING | $23.0B | - | - | 39.7% |
MFG Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $8.60T | - | $3.59T | 41.8% | $1.19T | 13.8% |
| 2024 | $7.86T | - | $2.86T | 36.5% | $955.03B | 12.2% |
| 2023 | $4.89T | - | $2.58T | 52.8% | $778.96B | 15.9% |
| 2022 | $2.84T | - | $2.28T | 80.6% | $603.87B | 21.3% |
| 2021 | $2.89T | - | $2.26T | 78.1% | $652.16B | 22.6% |
| 2020 | $3.59T | - | $2.14T | 59.6% | $618.72B | 17.2% |
| 2019 | $3.49T | - | $2.17T | 62.3% | $116.26B | 3.3% |
| 2018 | $3.12T | - | $2.46T | 78.9% | $799.95B | 25.6% |
| 2017 | $3.01T | - | $2.38T | 79.2% | $784.19B | 26.1% |
| 2016 | $2.94T | - | $2.48T | 84.6% | $1.01T | 34.3% |
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Start ComparisonMFG — Frequently Asked Questions
Quick answers to the most common questions about buying MFG stock.
Is MFG's revenue growth accelerating or slowing?
MFG revenue growth slowed to +1.5%, below the 5-year CAGR of +19.1%. TTM revenue is $8.5T. The deceleration marks a shift from historical growth rates.
What is MFG's long-term revenue growth rate?
Mizuho Financial Group, Inc.'s 5-year revenue CAGR of +19.1% reflects the variable expansion pattern. Current YoY growth of +1.5% is near this long-term average.
How is MFG's revenue distributed by segment?
MFG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.