JPMorganChase Q1 FY26: where the revenue came from and where it went
The whole income statement of JPMorganChase for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 1, 2026
Revenue$49.8B
+10% year over year
Operating profit$20.5B
41% margin
Net profit$16.5B
33% margin
Figures in billions of dollars.
The numbers
| 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 |
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