JPM
Income statement / Annual
Last year (2025), JPMorgan Chase & Co.'s total revenue was $280.35 B,
an increase of 3.53% from the previous year.
In 2025, JPMorgan Chase & Co.'s net income was $57.05 B.
See JPMorgan Chase & Co.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$280.35 B |
$270.79 B |
$236.27 B |
$153.82 B |
$127.24 B |
$129.84 B |
$142.52 B |
$129.82 B |
$114.58 B |
$106.39 B |
| Cost of Revenue |
$112.11 B
|
$112.00 B
|
$90.60 B
|
$32.43 B
|
-$3.67 B
|
$27.37 B
|
$32.38 B
|
$25.91 B
|
$19.16 B
|
$15.18 B
|
| Gross Profit |
$168.24 B
|
$158.79 B
|
$145.67 B
|
$121.39 B
|
$130.91 B
|
$102.47 B
|
$110.14 B
|
$103.91 B
|
$95.42 B
|
$91.21 B
|
| Gross Profit Ratio |
0.6
|
0.59
|
0.62
|
0.79
|
1.03
|
0.79
|
0.77
|
0.8
|
0.83
|
0.86
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$54.49 B
|
$51.36 B
|
$46.47 B
|
$41.64 B
|
$38.57 B
|
$34.99 B
|
$34.16 B
|
$33.12 B
|
$31.21 B
|
$30.20 B
|
| Selling & Marketing Expenses |
$5.53 B
|
$4.97 B
|
$4.59 B
|
$3.91 B
|
$3.04 B
|
$2.48 B
|
$3.35 B
|
$3.04 B
|
$2.90 B
|
$2.90 B
|
| Selling, General & Administrative Expenses |
$60.02 B
|
$56.33 B
|
$51.06 B
|
$45.55 B
|
$41.60 B
|
$37.46 B
|
$37.51 B
|
$36.16 B
|
$34.11 B
|
$33.10 B
|
| Other Expenses |
$35.62 B
|
$27.37 B
|
$33.00 B
|
$29.68 B
|
$29.74 B
|
$29.19 B
|
$27.76 B
|
$26.99 B
|
$25.41 B
|
$23.57 B
|
| Operating Expenses |
$95.64 B
|
$83.70 B
|
$84.06 B
|
$75.23 B
|
$71.34 B
|
$66.66 B
|
$65.27 B
|
$63.15 B
|
$59.52 B
|
$56.67 B
|
| Cost And Expenses |
$207.75 B
|
$195.71 B
|
$174.66 B
|
$107.66 B
|
$67.68 B
|
$94.03 B
|
$97.65 B
|
$89.06 B
|
$78.68 B
|
$71.85 B
|
| Interest Income |
$193.34 B
|
$193.93 B
|
$170.59 B
|
$92.81 B
|
$57.86 B
|
$64.52 B
|
$84.04 B
|
$76.10 B
|
$63.97 B
|
$55.90 B
|
| Interest Expense |
$97.90 B
|
$101.35 B
|
$81.32 B
|
$26.10 B
|
$5.55 B
|
$9.96 B
|
$26.80 B
|
$21.04 B
|
$13.87 B
|
$9.82 B
|
| Depreciation & Amortization |
$0.00
|
$7.94 B
|
$7.51 B
|
$7.05 B
|
$7.93 B
|
$8.61 B
|
$8.37 B
|
$7.79 B
|
$6.18 B
|
$5.48 B
|
| EBITDA |
$72.60 B |
$83.02 B |
$69.12 B |
$53.22 B |
$67.49 B |
$44.43 B |
$53.23 B |
$48.56 B |
$42.08 B |
$40.01 B |
| EBITDA Ratio |
0.26
|
0.31
|
0.29
|
0.35
|
0.53
|
0.34
|
0.37
|
0.37
|
0.37
|
0.38
|
| Operating Income Ratio |
0.26
|
0.28
|
0.26
|
0.3
|
0.47
|
0.28
|
0.31
|
0.31
|
0.31
|
0.32
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$72.60 B
|
$75.08 B
|
$61.61 B
|
$46.17 B
|
$59.56 B
|
$35.82 B
|
$44.87 B
|
$40.76 B
|
$35.90 B
|
$34.54 B
|
| Income Before Tax Ratio |
0.26
|
0.28
|
0.26
|
0.3
|
0.47
|
0.28
|
0.31
|
0.31
|
0.31
|
0.32
|
| Income Tax Expense |
$15.55 B
|
$16.61 B
|
$12.06 B
|
$8.49 B
|
$11.23 B
|
$6.68 B
|
$8.44 B
|
$8.29 B
|
$11.46 B
|
$9.80 B
|
| Net Income |
$57.05 B
|
$58.47 B
|
$49.55 B
|
$37.68 B
|
$48.33 B
|
$29.13 B
|
$36.43 B
|
$32.47 B
|
$24.44 B
|
$24.73 B
|
| Net Income Ratio |
0.2
|
0.22
|
0.21
|
0.24
|
0.38
|
0.22
|
0.26
|
0.25
|
0.21
|
0.23
|
| EPS |
20.09 |
19.79 |
16.25 |
12.1 |
15.39 |
8.89 |
10.75 |
9.04 |
6.35 |
6.24 |
| EPS Diluted |
20.05 |
19.75 |
16.23 |
12.09 |
15.36 |
8.88 |
10.72 |
9 |
6.31 |
6.19 |
| Weighted Average Shares Out |
$2.79 B
|
$2.87 B
|
$2.94 B
|
$2.97 B
|
$3.02 B
|
$3.08 B
|
$3.22 B
|
$3.40 B
|
$3.58 B
|
$3.62 B
|
| Weighted Average Shares Out Diluted |
$2.79 B
|
$2.88 B
|
$2.94 B
|
$2.97 B
|
$3.03 B
|
$3.09 B
|
$3.23 B
|
$3.41 B
|
$3.58 B
|
$3.65 B
|
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