JPMorgan Chase & Co.'s Income Statement Analysis: Revenue to Profit Breakdown
JPMorgan Chase & Co.'s Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$127.24 B | $153.82 B | $236.27 B | $278.91 B | $256.52 B | $285.09 B |
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Cost of Revenue Direct cost of goods/services. |
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-$3.67 B | $32.43 B | $90.60 B | $112.00 B | $88.32 B | $111.57 B |
Gross Profit Revenue minus cost of revenue. |
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$130.91 B | $121.39 B | $145.67 B | $166.88 B | $168.20 B | $173.52 B |
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Operating Expense
Costs to run business. |
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$71.34 B | $75.23 B | $84.06 B | $91.82 B | $95.60 B | $98.85 B |
Research and Development Investment in innovation. |
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- | - | - | - | $2.84 B | - |
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Sales, General and Administrative
Selling and admin costs. |
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$41.60 B | $45.55 B | $51.06 B | $56.33 B | $50.36 B | $66.03 B |
General and Administrative Corporate overhead costs. |
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$38.57 B | $41.64 B | $46.47 B | $51.36 B | $46.30 B | $60.20 B |
Sales and Marketing Customer acquisition costs. |
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$3.04 B | $3.91 B | $4.59 B | $4.97 B | $4.06 B | $5.83 B |
Other Expenses Other operating costs. |
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$29.74 B | $29.68 B | $33.00 B | $35.49 B | $42.40 B | $32.82 B |
Operating Income Profit from operations. |
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$59.56 B | $46.17 B | $61.61 B | $75.08 B | $72.60 B | $74.67 B |
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Net Interest Income
Interest income minus expense. |
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$52.31 B | $66.71 B | $89.27 B | $92.58 B | $95.44 B | $97.54 B |
Interest Income Income from investments. |
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$57.86 B | $92.81 B | $170.59 B | $193.93 B | $193.34 B | $195.68 B |
Interest Expense Cost of borrowing. |
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$5.55 B | $26.10 B | $81.32 B | $101.35 B | $97.90 B | $98.14 B |
Non-Operating Income (ex-Int) Income outside core operations. |
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- | - | - | - | - | - |
Total Other Income (Net) Net non-operating items. |
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- | - | - | - | - | - |
Income Before Tax Profit before taxes. |
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$59.56 B | $46.17 B | $61.61 B | $75.08 B | $72.60 B | $74.67 B |
Income Tax Expense Taxes on income. |
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$11.23 B | $8.49 B | $12.06 B | $16.61 B | $15.55 B | $15.77 B |
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Net Income
Final profit. |
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$48.33 B | $37.68 B | $49.55 B | $58.47 B | $57.05 B | $58.90 B |
Net Income From Continuing Operations Profit from core business. |
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$48.33 B | $37.68 B | $49.55 B | $58.47 B | $57.05 B | $58.90 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$15.39 | $12.10 | $16.25 | $19.79 | $20.09 | $20.92 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$15.36 | $12.09 | $16.23 | $19.75 | $20.05 | $20.88 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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3.02 B | 2.97 B | 2.94 B | 2.87 B | 2.79 B | 2.79 B |
Diluted Average Shares Outst. Shares including dilution. |
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3.03 B | 2.97 B | 2.94 B | 2.88 B | 2.79 B | 2.79 B |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$59.56 B | $46.17 B | $61.61 B | $75.08 B | $72.60 B | $74.67 B |
EBITDA Earnings before interest, tax, D&A. |
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$67.49 B | $53.22 B | $69.12 B | $83.02 B | $78.84 B | $81.46 B |
Depreciation and Amortization Non-cash expense for assets. |
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$7.93 B | $7.05 B | $7.51 B | $7.94 B | $6.24 B | $6.79 B |
| Company Report |
JPMorgan Chase & Co.'s Assets vs Liabilities & Equity
JPMorgan Chase & Co.'s Assets vs Liabilities & Equity
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