FINHUB Insights

JPM · Q1 FY25 · Jan 1 – Mar 31, 2025

JPMorganChase Q1 FY25: where the revenue came from and where it went

JPMorganChase Q1 FY25: revenue $45.3B (+8% year over year). Net profit $14.6B. Largest cohort Commercial & Investment Bank $23.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
May 1, 2026 10-Q
Sankey diagram of JPMorganChase's income statement for Q1 FY25: revenue of $45.3 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$45.3B +8% year over year
Operating profit$18.4B 41% margin
Net profit$14.6B 32% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear 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%
Compensation−14.131%+0pp
Provision for credit losses−3.37%+0pp
Professional & outside services−2.86%+0pp
Occupancy & other−2.86%+0pp
Technology & equipment−2.66%+0pp
Marketing−1.33%+0pp
Operating profit18.441% margin−1pp
Tax−3.8
Net profit14.632%+0pp
Filing on EDGAR More quarters of JPM

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters