JPMorgan Chase & Co. (JPM-PD) — Financial statements
Income statement, balance sheet, and cash flow for JPMorgan Chase & Co. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 279,745↑3.3% | 270,789↑14.6% | 236,273↑53.6% | 153,824↑20.9% | 127,238 | |
| Cost of Revenue | 112,138↑0.1% | 112,004↑23.6% | 90,603↑179.4% | 32,432↑984.4% | -3,667 | |
| Gross Profit | 167,607↑5.6% | 158,785↑9.0% | 145,670↑20.0% | 121,392↓7.3% | 130,905 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 54,487↑6.1% | 51,357↑10.5% | 46,465↑11.6% | 41,636↑8.0% | 38,567 | |
| Selling & Marketing Expenses | 5,531↑11.2% | 4,974↑8.3% | 4,591↑17.4% | 3,911↑28.8% | 3,036 | |
| SG&A Expenses | 60,018↑6.5% | 56,331↑10.3% | 51,056↑12.1% | 45,547↑9.5% | 41,603 | |
| Other Expenses | 34,994↑27.8% | 27,373↓17.1% | 33,002↑11.2% | 29,679↓0.2% | 29,740 | |
| Operating Expenses | 95,012↑13.5% | 83,704↓0.4% | 84,058↑11.7% | 75,226↑5.4% | 71,343 | |
| Total Costs & Expenses | 207,150↑5.8% | 195,708↑12.1% | 174,661↑62.2% | 107,658↑59.1% | 67,676 | |
| Operating Results | ||||||
| Operating Income | 72,595↓3.3% | 75,081↑21.9% | 61,612↑33.5% | 46,166↓22.5% | 59,562 | |
| Depreciation & Amortization | 8,821↑11.1% | 7,938↑5.7% | 7,512↑6.5% | 7,051↓11.1% | 7,932 | |
| EBITDA | 81,416↓1.9% | 83,019↑20.1% | 69,124↑29.9% | 53,217↓21.2% | 67,494 | |
| EBIT | 72,595↓3.3% | 75,081↑21.9% | 61,612↑33.5% | 46,166↓22.5% | 59,562 | |
| Interest & Other Income | ||||||
| Net Interest Income | 95,443↑3.1% | 92,583↑3.7% | 89,267↑33.8% | 66,710↑27.5% | 52,311 | |
| Interest Income | 193,341↓0.3% | 193,933↑13.7% | 170,588↑83.8% | 92,807↑60.4% | 57,864 | |
| Interest Expense | 97,898↓3.4% | 101,350↑24.6% | 81,321↑211.6% | 26,097↑370.0% | 5,553 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 72,595↓3.3% | 75,081↑21.9% | 61,612↑33.5% | 46,166↓22.5% | 59,562 | |
| Income Tax Expense | 15,547↓6.4% | 16,610↑37.7% | 12,060↑42.0% | 8,490↓24.4% | 11,228 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 57,048↓2.4% | 58,471↑18.0% | 49,552↑31.5% | 37,676↓22.1% | 48,334 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 57,048↓2.4% | 58,471↑18.0% | 49,552↑31.5% | 37,676↓22.1% | 48,334 | |
| Bottom-Line Net Income | 55,681↓2.1% | 56,868↑19.1% | 47,760↑33.1% | 35,892↓22.8% | 46,503 | |
| EPS (Basic) | 20.09↑1.5% | 19.79↑21.8% | 16.25↑34.3% | 12.10↓21.4% | 15.39 | |
| EPS (Diluted) | 20.05↑1.5% | 19.75↑21.7% | 16.23↑34.2% | 12.09↓21.3% | 15.36 | |
| Weighted Average Shares | 2,789↓3.0% | 2,874↓2.2% | 2,939↓0.9% | 2,966↓1.8% | 3,022 | |
| Weighted Average Diluted Shares | 2,794↓3.0% | 2,879↓2.2% | 2,943↓0.9% | 2,970↓1.9% | 3,027 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.