All companies
Financials
JPMorganChase
‹
Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
Q2 FY26
›
Q2 FY26
Apr 1 – Jun 30, 2026
reported Aug 6, 2026
Revenue $57.3B
+28% year over year
Gross profit –
Operating profit $27.5B
48% margin
Net profit $21.2B
37% margin
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item Value Share of revenue Year over year
Revenue
57.3
100%
+28%
Operating expenses −29.8
52%
Compensation −15.8 28% Professional & outside services −3.5 6% +0pp Occupancy & other −3.4 6% +0pp Technology & equipment −3.0 5% +0pp Provision for credit losses −2.5 4% Marketing −1.6 3% +0pp Operating profit 27.5 48% margin +7pp Tax −6.4 Net profit 21.2
37% margin +4pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item Value Share of revenue Year over year
Segment revenue
50.5
101%
Commercial & investment bank
23.4
47%
Consumer & community banking
19.6
39%
Asset & wealth management
6.4
13%
Corporate
1.2
2%
Eliminations
−0.7
−1%
Net revenue
49.8
100%
+10%
Operating expenses −29.4
59%
Compensation −15.3 31% +0pp Professional & outside services −3.5 7% +0pp Occupancy & other −3.4 7% +0pp Technology & equipment −3.0 6% +0pp Provision for credit losses −2.5 5% Marketing −1.6 3% +0pp Operating profit 20.5 41% margin +0pp Tax −4.0 Net profit 16.5
33% margin +1pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item Value Share of revenue Year over year
Segment revenue
46.2
101%
Principal transactions
27.2
60%
Equity
14.8
32%
Interest rate
4.2
9%
Eliminations
−0.4
−1%
Net revenue
45.8
100%
+7%
Operating expenses −28.6
62%
Occupancy & other −4.6 10% +0pp Professional & outside services −10.2 22% +0pp Technology & equipment −9.2 20% +0pp Marketing −4.6 10% +0pp Operating profit 17.2 37% margin −3pp Tax −4.2 Net profit 13.0
28% margin −4pp
All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item Value Share of revenue Year over year
Segment revenue
47.1
101%
Commercial & investment bank
19.9
43%
Consumer & community banking
19.5
42%
Asset & wealth management
6.1
13%
Corporate
1.7
3%
Eliminations
−0.7
−1%
Net revenue
46.4
100%
+9%
Operating expenses −27.7
60%
Compensation −13.6 29% +0pp Provision for credit losses −3.4 8% +0pp Occupancy & other −3.2 7% +0pp Professional & outside services −3.2 7% +0pp Technology & equipment −2.8 6% +0pp Marketing −1.5 3% +0pp Operating profit 18.7 40% margin +1pp Tax −4.4 Net profit 14.4
31% margin +1pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item Value Share of revenue Year over year
Revenue
44.9
100%
−11%
Operating expenses −26.6
59%
Compensation −13.7 30% +0pp Occupancy & other −3.1 7% +0pp Professional & outside services −3.0 7% +0pp Provision for credit losses −2.8 6% +0pp Technology & equipment −2.7 6% +0pp Marketing −1.3 3% +0pp Operating profit 18.3 41% margin −6pp Tax −3.3 Net profit 15.0
33% margin −3pp
All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item Value Share of revenue Year over year
Revenue
45.3
100%
+8%
Commercial & investment bank
23.4
52%
Consumer & community banking
19.6
43%
Corporate
1.2
3%
Other
1.1
2%
Operating expenses −26.9
59%
Compensation −14.1 31% +0pp Provision for credit losses −3.3 7% +0pp Professional & outside services −2.8 6% +0pp Occupancy & other −2.8 6% +0pp Technology & equipment −2.6 6% +0pp Marketing −1.3 3% +0pp Operating profit 18.4 41% margin −1pp Tax −3.8 Net profit 14.6
32% margin +0pp
Financial health
The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.
Structure
Capital flow
Debt & maturity
Assets $5,015.1B
Liabilities $4,640.5B
Equity $374.6B
as of Jun 30, 2026
Read with the bank template.
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item Value Share
Assets $5,015.1B 100% Cash & due from banks $24.7B 0% Deposits with banks $285.1B 6% Fed funds sold & repos $446.1B 9% Securities borrowed $362.5B 7% Securities available for sale $536.0B 11% Securities held to maturity $268.5B 5% Loans, net $1,516.3B 30% Goodwill $52.7B 1% Other assets $1,523.1B 30% Liabilities $4,640.5B 93% Deposits $2,713.7B 54% Short-term borrowings $72.4B 1% Securities loaned $30.9B 1% Trading liabilities $275.1B 5% Accrued expenses $384.3B 8% Other liabilities $1,164.0B 23% Equity $374.6B 7% Stockholders' equity $374.6B 7%
Money moved $123.3B
Free cash flow −$25.3B Apr 1 – Jun 30, 2026
Quarter derived from year-to-date statements.
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item Value Share
Where the money came from $123.3B 100% Other investing $63.0B 51% Debt raised $39.1B 32% Shares issued $3.0B 2% Other financing $15.9B 13% Taken from cash $2.3B 2% Where it went −$123.3B 100% Operating cash burn −$25.3B 21% Investments bought, net −$56.6B 46% Debt repaid −$28.0B 23% Share buybacks −$6.8B 6% Dividends −$4.3B 4% Currency effect −$2.2B 2%
Total debt $533.0B
Cash & short-term investments $309.8B
Net debt $223.1B
Operating cash flow, last 4 quarters −$162.5B Interest expense, last 4 quarters $98.2B
Maturities as filed as of Dec 31, 2022; debt and cash as of Jun 30, 2026.
The numbers behind the diagram
Principal due, as of Dec 31, 2022
Due Value
2023 $32.2B 2024 $40.1B 2025 $34.3B 2026 $32.5B 2027 $22.8B after 2027 $134.0B
Instruments, as of Dec 31, 2025
Due Item Coupon Value
– Purchase money note 3.4% $50.0B
Structure
Capital flow
Debt & maturity
Assets $4,900.5B
Liabilities $4,536.4B
Equity $364.0B
as of Mar 31, 2026
Read with the bank template.
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item Value Share
Assets $4,900.5B 100% Cash & due from banks $22.0B 0% Deposits with banks $290.1B 6% Fed funds sold & repos $482.7B 10% Securities borrowed $284.5B 6% Securities available for sale $549.0B 11% Securities held to maturity $272.1B 6% Loans, net $1,477.6B 30% Goodwill $52.7B 1% Other assets $1,469.6B 30% Liabilities $4,536.4B 93% Deposits $2,675.5B 55% Short-term borrowings $68.0B 1% Securities loaned $25.4B 1% Trading liabilities $247.8B 5% Accrued expenses $352.6B 7% Other liabilities $1,167.1B 24% Equity $364.0B 7% Stockholders' equity $364.0B 7%
Money moved $476.5B
Free cash flow −$211.8B Jan 1 – Mar 31, 2026
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item Value Share
Where the money came from $476.5B 100% Debt raised $53.3B 11% Other financing $392.0B 82% Taken from cash $31.2B 7% Where it went −$476.5B 100% Operating cash burn −$211.8B 44% Investments bought, net −$89.3B 19% Other investing −$128.4B 27% Debt repaid −$31.9B 7% Share buybacks −$8.3B 2% Dividends −$4.4B 1% Currency effect −$2.3B 0%
Total debt $516.8B
Cash & short-term investments $312.1B
Net debt $204.7B
Operating cash flow, last 4 quarters −$107.7B Interest expense, last 4 quarters $98.1B
Maturities as filed as of Dec 31, 2022; debt and cash as of Mar 31, 2026.
The numbers behind the diagram
Principal due, as of Dec 31, 2022
Due Value
2023 $32.2B 2024 $40.1B 2025 $34.3B 2026 $32.5B 2027 $22.8B after 2027 $134.0B
Instruments, as of Dec 31, 2025
Due Item Coupon Value
– Purchase money note 3.4% $50.0B
Structure
Capital flow
Debt & maturity
Assets $4,424.9B
Liabilities $4,062.5B
Equity $362.4B
as of Dec 31, 2025
Read with the bank template.
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item Value Share
Assets $4,424.9B 100% Cash & due from banks $21.7B 0% Deposits with banks $321.6B 7% Fed funds sold & repos $336.4B 8% Securities borrowed $286.2B 6% Securities available for sale $507.2B 11% Securities held to maturity $270.1B 6% Loans, net $1,467.7B 33% Goodwill $52.7B 1% Intangibles $1.3B 0% Other assets $1,159.9B 26% Liabilities $4,062.5B 92% Deposits $2,559.3B 58% Short-term borrowings $64.8B 1% Securities loaned $15.7B 0% Trading liabilities $216.0B 5% Accrued expenses $316.8B 7% Other liabilities $889.9B 20% Equity $362.4B 8% Stockholders' equity $362.4B 8%
Money moved $246.1B
Free cash flow $119.7B Oct 1 – Dec 31, 2025
Quarter derived from year-to-date statements.
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item Value Share
Where the money came from $246.1B 100% Operating cash flow $119.7B 49% Other investing $85.9B 35% Debt raised $40.5B 16% Where it went −$246.1B 100% Investments bought, net −$39.0B 16% Debt repaid −$29.5B 12% Share buybacks −$8.3B 3% Dividends −$4.4B 2% Other financing −$121.9B 50% Currency effect −$3.1B 1% Added to cash −$39.9B 16%
Total debt $500.0B
Cash & short-term investments $343.3B
Net debt $156.6B
Operating cash flow, last 4 quarters −$147.8B Interest expense, last 4 quarters $97.9B
Maturities as filed as of Dec 31, 2022; debt and cash as of Dec 31, 2025.
The numbers behind the diagram
Principal due, as of Dec 31, 2022
Due Value
2023 $32.2B 2024 $40.1B 2025 $34.3B 2026 $32.5B 2027 $22.8B after 2027 $134.0B
Instruments, as of Dec 31, 2025
Due Item Coupon Value
– Purchase money note 3.4% $50.0B
Structure
Capital flow
Assets $4,560.2B
Liabilities $4,200.0B
Equity $360.2B
as of Sep 30, 2025
Read with the bank template.
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item Value Share
Assets $4,560.2B 100% Cash & due from banks $21.8B 0% Deposits with banks $281.6B 6% Fed funds sold & repos $425.8B 9% Securities borrowed $248.4B 5% Securities available for sale $490.5B 11% Securities held to maturity $293.4B 6% Loans, net $1,409.5B 31% Goodwill $52.7B 1% Intangibles $1.4B 0% Other assets $1,335.0B 29% Liabilities $4,200.0B 92% Deposits $2,548.5B 56% Short-term borrowings $69.4B 2% Securities loaned $22.5B 0% Trading liabilities $242.3B 5% Accrued expenses $316.9B 7% Other liabilities $1,000.5B 22% Equity $360.2B 8% Stockholders' equity $360.2B 8%
Money moved $208.3B
Free cash flow −$45.2B Jul 1 – Sep 30, 2025
Quarter derived from year-to-date statements.
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item Value Share
Where the money came from $208.3B 100% Other investing $56.9B 27% Debt raised $34.5B 17% Taken from cash $116.9B 56% Where it went −$208.3B 100% Operating cash burn −$45.2B 22% Investments bought, net −$78.2B 38% Debt repaid −$27.8B 13% Share buybacks −$8.3B 4% Dividends −$4.2B 2% Other financing −$42.0B 20% Currency effect −$2.6B 1%
Structure
Capital flow
Assets $4,552.5B
Liabilities $4,195.6B
Equity $356.9B
as of Jun 30, 2025
Read with the bank template.
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item Value Share
Assets $4,552.5B 100% Cash & due from banks $23.8B 1% Deposits with banks $396.6B 9% Fed funds sold & repos $470.6B 10% Securities borrowed $224.0B 5% Securities available for sale $485.4B 11% Securities held to maturity $260.6B 6% Loans, net $1,387.0B 30% Goodwill $52.7B 1% Intangibles $1.5B 0% Other assets $1,250.4B 27% Liabilities $4,195.6B 92% Deposits $2,562.4B 56% Short-term borrowings $65.3B 1% Securities loaned $16.2B 0% Trading liabilities $221.4B 5% Accrued expenses $303.6B 7% Other liabilities $1,026.6B 23% Equity $356.9B 8% Stockholders' equity $356.9B 8%
Money moved $207.1B
Free cash flow $29.5B Apr 1 – Jun 30, 2025
Quarter derived from year-to-date statements.
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item Value Share
Where the money came from $207.1B 100% Operating cash flow $29.5B 14% Debt raised $24.0B 12% Other financing $132.9B 64% Currency effect $15.1B 7% Taken from cash $5.6B 3% Where it went −$207.1B 100% Investments bought, net −$111.2B 54% Other investing −$61.9B 30% Debt repaid −$22.4B 11% Share buybacks −$7.5B 4% Dividends −$4.2B 2%
Structure
Capital flow
Assets $4,357.9B
Liabilities $4,006.4B
Equity $351.4B
as of Mar 31, 2025
Read with the bank template.
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item Value Share
Assets $4,357.9B 100% Cash & due from banks $22.1B 1% Deposits with banks $403.8B 9% Fed funds sold & repos $429.5B 10% Securities borrowed $238.7B 5% Securities available for sale $399.4B 9% Securities held to maturity $265.1B 6% Loans, net $1,330.5B 31% Goodwill $52.6B 1% Intangibles $1.6B 0% Other assets $1,214.6B 28% Liabilities $4,006.4B 92% Deposits $2,495.9B 57% Short-term borrowings $65.0B 1% Securities loaned $15.0B 0% Trading liabilities $187.1B 4% Accrued expenses $293.5B 7% Other liabilities $949.9B 22% Equity $351.4B 8% Stockholders' equity $351.4B 8%
Money moved $409.7B
Free cash flow −$251.8B Jan 1 – Mar 31, 2025
The numbers behind the diagram
All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item Value Share
Where the money came from $409.7B 100% Debt raised $40.7B 10% Shares issued $3.0B 1% Other financing $314.1B 77% Currency effect $8.4B 2% Taken from cash $43.4B 11% Where it went −$409.7B 100% Operating cash burn −$251.8B 61% Investments bought, net −$43.0B 10% Other investing −$75.1B 18% Debt repaid −$28.5B 7% Share buybacks −$7.5B 2% Dividends −$3.8B 1%
Quarter by quarter
Every set of results we hold, newest first. Open one on its own page. The arrow beside a quarter shows it in the diagram above.
Quarter
Period
Reported
Revenue
Year over year
Operating margin
Net profit
Net margin
Q2 FY26
Apr 1 – Jun 30, 2026
Aug 6, 2026
$57.3B
+28%
48%
$21.2B
37%
Q1 FY26
Jan 1 – Mar 31, 2026
May 1, 2026
$49.8B
+10%
41%
$16.5B
33%
Q4 FY25
Oct 1 – Dec 31, 2025
Feb 13, 2026
$45.8B
+7%
37%
$13.0B
28%
Q3 FY25
Jul 1 – Sep 30, 2025
Nov 4, 2025
$46.4B
+9%
40%
$14.4B
31%
Q2 FY25
Apr 1 – Jun 30, 2025
Aug 5, 2025
$44.9B
−11%
41%
$15.0B
33%
Q1 FY25
Jan 1 – Mar 31, 2025
–
$45.3B
+8%
41%
$14.6B
32%
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