JPMorgan Chase & Co. (JPM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 25.37B | 25B | 23.97B | 23.21B | 23.27B | 23.35B | 23.41B | 22.75B | 23.08B | 24.05B | 22.73B | 21.78B | 20.71B | 20.19B | 17.52B | 15.13B | 13.87B | 13.6B | 13.08B | 12.74B |
| NII Growth % | 8.99% | 7.04% | 2.4% | 2.04% | 0.83% | -2.91% | 2.99% | 4.44% | 11.45% | 19.11% | 29.73% | 43.96% | 49.3% | 48.46% | 33.93% | 18.73% | 7.63% | 2.59% | 0.51% | -8.03% |
| Net Interest Margin % | 0.52% | 0.56% | 0.53% | 0.51% | 0.53% | 0.58% | 0.56% | 0.55% | 0.56% | 0.62% | 0.58% | 0.56% | 0.55% | 0.55% | 0.46% | 0.39% | 0.35% | 0.36% | 0.35% | 0.35% |
| Interest Income | 49.19B | 48.81B | 49.44B | 48.24B | 46.85B | 47.57B | 50.42B | 48.51B | 47.44B | 47.38B | 44.56B | 41.64B | 37B | 33.05B | 25.61B | 18.65B | 15.5B | 15.02B | 14.48B | 14.09B |
| Interest Expense | 23.82B | 23.81B | 25.47B | 25.03B | 23.58B | 24.22B | 27.01B | 25.77B | 24.36B | 23.33B | 21.83B | 19.86B | 16.29B | 12.86B | 8.09B | 3.52B | 1.62B | 1.42B | 1.4B | 1.35B |
| Loan Loss Provision | 2.51B | 4.65B | 3.41B | 2.86B | 3.32B | 2.65B | 3.11B | 3.03B | 1.86B | 2.75B | 1.37B | 2.89B | 2.27B | 2.25B | 1.52B | 1.09B | 1.46B | -1.26B | -1.51B | -2.28B |
| Non-Interest Income | 24.47B | 20.8B | 22.46B | 21.67B | 22.05B | 19.44B | 19.25B | 19.32B | 18.83B | 14.55B | 17.04B | 16.8B | 17.64B | 14.32B | 15.18B | 15.58B | 16.85B | 15.69B | 16.58B | 17.75B |
| Non-Interest Income % | 33.22% | 29.88% | 31.24% | 31% | 32.01% | 29.01% | 27.63% | 28.48% | 28.41% | 23.49% | 27.66% | 28.75% | 32.28% | 30.23% | 37.22% | 45.52% | 52.09% | 51.09% | 53.38% | 55.73% |
| Total Revenue | 73.66B | 69.61B | 71.9B | 69.91B | 68.91B | 67.01B | 69.67B | 67.83B | 66.26B | 61.93B | 61.59B | 58.45B | 54.64B | 47.37B | 40.8B | 34.23B | 32.34B | 30.71B | 31.06B | 31.84B |
| Revenue Growth % | 6.9% | 3.88% | 3.21% | 3.06% | 3.99% | 8.19% | 13.11% | 16.06% | 21.27% | 30.73% | 50.98% | 70.76% | 68.95% | 54.28% | 31.34% | 7.5% | -3.84% | 0.48% | 0.7% | -9.88% |
| Non-Interest Expense | 26.85B | 23.98B | 24.28B | 23.74B | 23.6B | 22.76B | 22.57B | 15.6B | 22.76B | 24.52B | 21.66B | 18.11B | 20.11B | 19.02B | 19.18B | 18.75B | 19.19B | 17.89B | 17.06B | 17.67B |
| Efficiency Ratio | 36.45% | 34.45% | 33.77% | 33.95% | 34.24% | 33.97% | 32.39% | 23% | 34.34% | 39.6% | 35.16% | 30.99% | 36.8% | 40.15% | 47.01% | 54.78% | 59.34% | 58.26% | 54.93% | 55.49% |
| Operating Income | 20.48B | 17.16B | 18.74B | 18.28B | 18.41B | 17.38B | 16.98B | 23.43B | 17.29B | 11.33B | 16.73B | 17.59B | 15.97B | 13.24B | 12B | 10.87B | 10.06B | 12.66B | 14.11B | 15.1B |
| Operating Margin % | 27.8% | 24.65% | 26.07% | 26.15% | 26.71% | 25.93% | 24.37% | 34.55% | 26.1% | 18.29% | 27.17% | 30.09% | 29.22% | 27.94% | 29.42% | 31.74% | 31.11% | 41.22% | 45.43% | 47.42% |
| Operating Income Growth % | 11.25% | -1.24% | 10.4% | -21.98% | 6.45% | 53.41% | 1.46% | 33.26% | 8.3% | -14.44% | 39.43% | 61.86% | 58.67% | 4.58% | -14.95% | -28.03% | -43.14% | -15.98% | 19.9% | 166.73% |
| Pretax Income | 20.48B | 17.16B | 18.74B | 18.28B | 18.41B | 17.38B | 16.98B | 23.43B | 17.29B | 11.33B | 16.73B | 17.59B | 15.97B | 13.24B | 12B | 10.87B | 10.06B | 12.66B | 14.11B | 15.1B |
| Pretax Margin % | 27.8% | 24.65% | 26.07% | 26.15% | 26.71% | 25.93% | 24.37% | 34.55% | 26.1% | 18.29% | 27.17% | 30.09% | 29.22% | 27.94% | 29.42% | 31.74% | 31.11% | 41.22% | 45.43% | 47.42% |
| Income Tax | 3.98B | 4.13B | 4.35B | 3.3B | 3.77B | 3.37B | 4.08B | 5.29B | 3.87B | 2.02B | 3.58B | 3.11B | 3.35B | 2.23B | 2.26B | 2.22B | 1.78B | 2.26B | 2.42B | 3.15B |
| Effective Tax Rate % | 19.46% | 24.1% | 23.21% | 18.03% | 20.45% | 19.4% | 24.03% | 22.56% | 22.4% | 17.83% | 21.41% | 17.71% | 20.95% | 16.84% | 18.87% | 20.4% | 17.7% | 17.84% | 17.18% | 20.86% |
| Net Income | 16.49B | 13.03B | 14.39B | 14.99B | 14.64B | 14.01B | 12.9B | 18.15B | 13.42B | 9.31B | 13.15B | 14.47B | 12.62B | 11.01B | 9.74B | 8.65B | 8.28B | 10.4B | 11.69B | 11.95B |
| Net Margin % | 22.39% | 18.71% | 20.02% | 21.44% | 21.25% | 20.9% | 18.51% | 26.75% | 20.25% | 15.03% | 21.35% | 24.76% | 23.1% | 23.24% | 23.87% | 25.27% | 25.61% | 33.87% | 37.63% | 37.53% |
| Net Income Growth % | 12.64% | -7% | 11.59% | -17.42% | 9.12% | 50.48% | -1.92% | 25.41% | 6.31% | -15.45% | 35.06% | 67.33% | 52.4% | 5.86% | -16.69% | -27.61% | -42.08% | -14.31% | 23.76% | 154.92% |
| Net Income (Continuing) | 16.49B | 13.03B | 14.39B | 14.99B | 14.64B | 14.01B | 12.9B | 18.15B | 13.42B | 9.31B | 13.15B | 14.47B | 12.62B | 11.01B | 9.74B | 8.65B | 8.28B | 10.4B | 11.69B | 11.95B |
| EPS (Diluted) | 5.94 | 4.63 | 5.07 | 5.24 | 5.07 | 4.81 | 4.37 | 6.12 | 4.44 | 3.04 | 4.33 | 4.75 | 4.10 | 3.57 | 3.12 | 2.76 | 2.63 | 3.33 | 3.74 | 3.78 |
| EPS Growth % | 17.16% | -3.74% | 16.02% | -14.38% | 14.19% | 58.22% | 0.92% | 28.84% | 8.29% | -14.85% | 38.78% | 72.1% | 55.89% | 7.21% | -16.58% | -26.98% | -41.56% | -12.14% | 28.08% | 173.91% |
| EPS (Basic) | 5.95 | 4.63 | 5.09 | 5.25 | 5.08 | 4.82 | 4.38 | 6.13 | 4.45 | 3.04 | 4.33 | 4.76 | 4.11 | 3.58 | 3.13 | 2.77 | 2.64 | 3.33 | 3.74 | 3.79 |
| Diluted Shares Outstanding | 2.79B | 2.79B | 2.79B | 2.79B | 2.82B | 2.84B | 2.87B | 2.89B | 2.91B | 2.92B | 2.93B | 2.95B | 2.97B | 2.97B | 2.97B | 2.97B | 2.98B | 2.98B | 3.01B | 3.04B |