WhereTaxMoneyGoesDepartment of the Treasury (TREAS): federal spending, contracts and grants
In fiscal year 2026, Department of the Treasury reported $1.98 trillion in obligations and $1.97 trillion in outlays, about 24.6% of all budgetary resources tracked on USAspending. Below: where its award money went, who received the most, and how its spending has changed since FY 2017.
FY 2026 figures are still being reported by agencies and will change as late submissions arrive.
Mission
Maintain a strong economy and create economic and job opportunities by promoting the conditions that enable economic growth and stability at home and abroad, strengthen national security by combating threats and protecting the integrity of the financial system, and manage the U.S. Government's finances and resources effectively.
How TREAS awarded money in FY 2026
Award obligations are the part of an agency's spending that goes out as contracts, grants, loans, direct payments and other awards to outside recipients. The rest pays for salaries, internal operations and transfers that are not awards.
| Award type | Amount | Relative size |
|---|---|---|
| Contracts | $7.0 billion | |
| Grants | $295.2 million | |
| Direct payments | $35.5 million | |
| Contract vehicles (IDVs) | $1.2 million | |
| Loans (face value) | $221,000 |
Obligations by fiscal year
FY 2026 obligations of $1.98 trillion were up 1% from FY 2025 ($1.95 trillion) and compare with $945.9 billion in FY 2017.
Show the numbers
| Fiscal year | Amount |
|---|---|
| FY 2026 | $1.98 trillion |
| FY 2025 | $1.95 trillion |
| FY 2024 | $1.77 trillion |
| FY 2023 | $1.64 trillion |
| FY 2022 | $1.45 trillion |
| FY 2021 | $2.19 trillion |
| FY 2020 | $1.57 trillion |
| FY 2019 | $1.08 trillion |
| FY 2018 | $1.04 trillion |
| FY 2017 | $945.9 billion |
Top recipients, FY 2026
Ranked by award obligations from TREAS. "Multiple recipients" groups aggregated or redacted records, such as payments to individuals.
| # | Recipient | Amount | Relative size |
|---|---|---|---|
| 1 | Stonex Financial LTD | $1.3 billion | |
| 2 | Asahi Refining USA INC | $603.4 million | |
| 3 | FCN, INC. | $314.2 million | |
| 4 | Accenture Federal Services LLC | $276.5 million | |
| 5 | Science Applications International Corporation | $228.0 million | |
| 6 | Crane & CO., INC. | $190.9 million | |
| 7 | Wieland Rolled Products North America, LLC | $185.8 million | |
| 8 | Unified Government of Athens-Clarke County | $162.9 million | |
| 9 | PMX Industries, INC. | $137.2 million | |
| 10 | Lancer Information Solutions, LLC | $121.2 million |
Top states, FY 2026
By place of performance — where the work is done or the money is used.
| # | State | Amount | Relative size |
|---|---|---|---|
| 1 | District of Columbia | $1.2 billion | |
| 2 | Virginia | $1.1 billion | |
| 3 | Utah | $655.1 million | |
| 4 | Maryland | $587.2 million | |
| 5 | Massachusetts | $330.7 million | |
| 6 | Georgia | $212.0 million | |
| 7 | Kentucky | $204.6 million | |
| 8 | New York | $201.3 million | |
| 9 | Texas | $194.2 million | |
| 10 | Iowa | $180.0 million |
Search this agency's awards
Search TREAS awards for FY 2026
Agencies of similar size
Source data last updated November 4, 2026 · Imported November 6, 2026 · Dollar figures are nominal and rounded. How these numbers are calculated · Report a problem