Gross Profit for JPMorgan Chase (JPM)
According to JPMorgan Chase's latest reported financial statements, the company's current gross profit (TTM) is $173.52B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$173.52B
YoY change
+5.6%
5Y CAGR
+10.3%
Peak year (2025)
$167.61B
Cumulative gross profit
$2.34T
Gross Profit history chart for JPMorgan Chase (JPM) from 1985 to 2025
Gross Profit history table for JPMorgan Chase (JPM) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $167.61B | +5.6% | ||
| 2024 | $158.78B | +9.0% | ||
| 2023 | $145.67B | +20.0% | ||
| 2022 | $121.39B | -7.3% | ||
| 2021 | $130.91B | +27.7% | ||
| 2020 | $102.47B | -7.0% | ||
| 2019 | $110.14B | +6.0% | ||
| 2018 | $103.91B | +8.9% | ||
| 2017 | $95.42B | +4.6% | ||
| 2016 | $91.21B | +1.7% | ||
| 2015 | $89.72B | -2.5% | ||
| 2014 | $91.97B | -5.3% | ||
| 2013 | $97.14B | +3.7% | ||
| 2012 | $93.65B | +4.4% | ||
| 2011 | $89.66B | +4.2% | ||
| 2010 | $86.06B | +25.8% | ||
| 2009 | $68.42B | +47.9% | ||
| 2008 | $46.27B | -28.3% | ||
| 2007 | $64.51B | +9.8% | ||
| 2006 | $58.73B | +15.7% | ||
| 2005 | $50.77B | +27.5% | ||
| 2004 | $39.83B | +25.6% | ||
| 2003 | $31.72B | +25.4% | ||
| 2002 | $25.28B | -2.3% | ||
| 2001 | $25.86B | -18.0% | ||
| 2000 | $31.56B | +7.0% | ||
| 1999 | $29.48B | +70.3% | ||
| 1998 | $17.31B | +8.2% | ||
| 1997 | $16.00B | +6.9% | ||
| 1996 | $14.98B | +5.5% | ||
| 1995 | $14.20B | +83.9% | ||
| 1994 | $7.72B | +4.3% | ||
| 1993 | $7.40B | +18.2% | ||
| 1992 | $6.26B | +11.5% | ||
| 1991 | $5.61B | +89.0% | ||
| 1990 | $2.97B | +29.9% | ||
| 1989 | $2.29B | — | ||
| 1988 | $0 | — | ||
| 1987 | $0 | — | ||
| 1986 | $0 | — | ||
| 1985 | $0 | — |
Gross Profit values are taken from JPMorgan Chase's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
JPMorgan Chase (JPM) most recent annual gross profit stands at $167.61B (2025) – grew 5.6% year-over-year.
Looking at the 2020–2025 (5 years) stretch, JPMorgan Chase gross profit compounded at +10.3% per year, sustaining 3 straight years of year-over-year growth.
Across the available history, gross profit reached its high of $167.61B in 2025 and its low of $0 in 1985.
Among 8 Financial Services peers, JPMorgan Chase (JPM) ranks 1st; the peer median for gross profit is $70.30B.
JPMorgan Chase Gross Profit by Year
JPMorgan Chase Gross Profit 2025: $167.61B
JPMorgan Chase gross profit in 2025 was $167.61B, grew 5.6% from 2024. This figure represents the highest annual value in the available history.
JPMorgan Chase Gross Profit 2024: $158.78B
JPMorgan Chase gross profit in 2024 was $158.78B, grew 9.0% from 2023.
JPMorgan Chase Gross Profit 2023: $145.67B
JPMorgan Chase gross profit in 2023 was $145.67B, grew 20.0% from 2022.
JPMorgan Chase Gross Profit 2022: $121.39B
JPMorgan Chase gross profit in 2022 was $121.39B, declined 7.3% below 2021.
JPMorgan Chase Gross Profit 2021: $130.91B
JPMorgan Chase gross profit in 2021 was $130.91B.
See more financial history for JPMorgan Chase (JPM).
Sector peers — Gross Profit
Companies in the same sector as JPMorgan Chase, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Bank of America Corporation (BAC) | $107.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $87.78B | Financial Services |
| Wells Fargo & Company (WFC) | $80.04B | Financial Services |
| Citigroup Inc. (C) | $74.98B | Financial Services |
| Morgan Stanley (MS) | $65.62B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $59.40B | Financial Services |
| Visa Inc. (V) | $32.15B | Financial Services |
| Mastercard Incorporated (MA) | $27.36B | Financial Services |
Frequently asked questions
What is JPMorgan Chase's gross profit?
- Latest reported gross profit for JPMorgan Chase (JPM) is $173.52B (period ending March 31, 2026).
How has JPMorgan Chase gross profit changed year-over-year?
- JPMorgan Chase (JPM) gross profit changed +5.6% year-over-year on the latest annual filing.
What is the long-term growth rate of JPMorgan Chase gross profit?
- JPMorgan Chase (JPM) gross profit compound annual growth rate is +10.3% over the most recent 5 years available.
When did JPMorgan Chase gross profit hit its highest annual value?
- JPMorgan Chase gross profit reached its highest annual value of $167.61B in 2025.
What was JPMorgan Chase gross profit in 2024?
- JPMorgan Chase (JPM) gross profit in 2024 was $158.78B.
What was JPMorgan Chase gross profit in 2025?
- JPMorgan Chase (JPM) gross profit in 2025 was $167.61B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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