JPMorgan Chase & Co. (JPM) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	301.9B	279.7B	270.8B	236.3B	153.8B
Cost of Revenue	111.2B	112.1B	112.0B	90.6B	32.4B
Gross Profit	190.7B	167.6B	158.8B	145.7B	121.4B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	79.0B	60.0B	56.3B	51.1B	45.5B
General & Admin Expense	72.3B	54.5B	51.4B	46.5B	41.6B
Selling & Marketing Expense	6.7B	5.5B	5.0B	4.6B	3.9B
Other Expenses	26.5B	35.0B	27.4B	33.0B	29.7B
Total Operating Expenses	105.4B	95.0B	83.7B	84.1B	75.2B
Cost and Expenses	216.6B	207.2B	195.7B	174.7B	107.7B
Operating Income (EBIT)	85.3B	72.6B	75.1B	61.6B	46.2B
Non-Operating
Interest Income	201.7B	193.3B	193.9B	170.6B	92.8B
Interest Expense	98.8B	97.9B	101.3B	81.3B	26.1B
Net Interest Income	102.9B	95.4B	92.6B	89.3B	66.7B
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	85.3B	72.6B	75.1B	61.6B	46.2B
Income Tax Expense	19.3B	15.5B	16.6B	12.1B	8.5B
Bottom Line
Net Income	66.0B	57.0B	58.5B	49.6B	37.7B
Earnings from Cont. Ops	66.0B	57.0B	58.5B	49.6B	37.7B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	64.5B	55.7B	56.9B	47.8B	35.9B
Per Share
Basic EPS	$23.88	$20.05	$19.79	$16.25	$12.10
Diluted EPS	$23.84	$20.02	$19.75	$16.23	$12.09
Revenue Per Share	$112.72	$100.75	$94.22	$80.40	$51.87
Shares
Basic Shares Outstanding	2.7B	2.8B	2.9B	2.9B	3.0B
Diluted Shares Outstanding	2.7B	2.8B	2.9B	2.9B	3.0B
Profitability Metrics
EBITDA	92.3B	81.4B	83.0B	69.1B	53.2B
D&A	7.0B	8.8B	7.9B	7.5B	7.1B
EBIT	85.3B	72.6B	75.1B	61.6B	46.2B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026