FINHUB Insights

JPM · Q4 FY25 · Oct 1 – Dec 31, 2025

JPMorganChase Q4 FY25: where the revenue came from and where it went

JPMorganChase Q4 FY25: revenue $45.8B (+7% year over year). Net profit $13B. Largest cohort Principal transactions $27.2B. The whole income statement as a sankey diagram from the SEC filing.

Period
Oct 1 – Dec 31, 2025
Reported
Feb 13, 2026 10-K
Sankey diagram of JPMorganChase's income statement for Q4 FY25: revenue of $45.8 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$45.8B +7% year over year
Operating profit$17.2B 37% margin
Net profit$13B 28% margin

The numbers

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
ItemValueShare of revenueYear over year
Revenue 45.8 100% +7%
Principal transactions 27.2 59%
Equity 14.8 32%
Interest rate 4.2 9%
Occupancy & other−4.636%+0pp
Professional & outside services−10.222%+0pp
Technology & equipment−9.220%+0pp
Marketing−4.610%+0pp
Operating profit17.237% margin−3pp
Tax−4.2
Net profit1328%−4pp
Filing on EDGAR More quarters of JPM

Source of the numbers: tables in the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.

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