Operating Income for JPMorgan Chase (JPM)
According to JPMorgan Chase's latest reported financial statements, the company's current operating income (TTM) is $74.67B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$74.67B
YoY change
-3.3%
5Y CAGR
+15.2%
Peak year (2024)
$75.08B
Cumulative operating income
$816.35B
Operating Income history chart for JPMorgan Chase (JPM) from 1985 to 2025
Operating Income history table for JPMorgan Chase (JPM) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $72.59B | -3.3% | ||
| 2024 | $75.08B | +21.9% | ||
| 2023 | $61.61B | +33.5% | ||
| 2022 | $46.17B | -22.5% | ||
| 2021 | $59.56B | +66.3% | ||
| 2020 | $35.81B | -20.2% | ||
| 2019 | $44.87B | +10.1% | ||
| 2018 | $40.76B | +13.5% | ||
| 2017 | $35.90B | +3.9% | ||
| 2016 | $34.54B | +12.5% | ||
| 2015 | $30.70B | +0.0% | ||
| 2014 | $30.70B | +15.1% | ||
| 2013 | $26.68B | -7.8% | ||
| 2012 | $28.92B | +8.1% | ||
| 2011 | $26.75B | +7.6% | ||
| 2010 | $24.86B | +54.7% | ||
| 2009 | $16.07B | +479.4% | ||
| 2008 | $2.77B | -87.8% | ||
| 2007 | $22.80B | +14.7% | ||
| 2006 | $19.89B | +68.0% | ||
| 2005 | $11.84B | +102.2% | ||
| 2004 | $5.86B | -41.6% | ||
| 2003 | $10.03B | +298.1% | ||
| 2002 | $2.52B | -1.8% | ||
| 2001 | $2.57B | -70.6% | ||
| 2000 | $8.73B | -24.0% | ||
| 1999 | $11.49B | +93.7% | ||
| 1998 | $5.93B | +0.3% | ||
| 1997 | $5.91B | +55.1% | ||
| 1996 | $3.81B | -20.8% | ||
| 1995 | $4.81B | +117.5% | ||
| 1994 | $2.21B | +4.9% | ||
| 1993 | $2.11B | +58.6% | ||
| 1992 | $1.33B | +358.3% | ||
| 1991 | $290.00M | -16.3% | ||
| 1990 | $346.40M | -176.3% | ||
| 1989 | -$453.90M | — | ||
| 1988 | $0 | — | ||
| 1987 | $0 | — | ||
| 1986 | $0 | — | ||
| 1985 | $0 | — |
Operating Income 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
As of the 2025 fiscal year, JPMorgan Chase (JPM) reported operating income of $72.59B – edged down 3.3% year-over-year.
Through 2020–2025 (5 years), JPMorgan Chase operating income delivered a +15.2% annualised rate; with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, JPMorgan Chase operating income edged down 3.3%, falling from $75.08B to $72.59B.
The highest annual operating income of $75.08B was reported in 2024. The lowest in the available history was -$453.90M in 1989.
Within Financial Services, JPMorgan Chase (JPM) ranks 1st among 8 peers we track. The peer median for operating income is $22.97B.
JPMorgan Chase Operating Income by Year
JPMorgan Chase Operating Income 2025: $72.59B
JPMorgan Chase operating income in 2025 was $72.59B, edged down 3.3% below 2024.
JPMorgan Chase Operating Income 2024: $75.08B
JPMorgan Chase operating income in 2024 was $75.08B, grew 21.9% from 2023. This figure represents the highest annual value in the available history.
JPMorgan Chase Operating Income 2023: $61.61B
JPMorgan Chase operating income in 2023 was $61.61B, surged 33.5% from 2022.
JPMorgan Chase Operating Income 2022: $46.17B
JPMorgan Chase operating income in 2022 was $46.17B, declined 22.5% below 2021.
JPMorgan Chase Operating Income 2021: $59.56B
JPMorgan Chase operating income in 2021 was $59.56B.
See more financial history for JPMorgan Chase (JPM).
Sector peers — Operating Income
Companies in the same sector as JPMorgan Chase, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Berkshire Hathaway Inc. (BRK-B) | $59.54B | Financial Services |
| Bank of America Corporation (BAC) | $37.70B | Financial Services |
| Wells Fargo & Company (WFC) | $25.20B | Financial Services |
| Visa Inc. (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $21.85B | Financial Services |
| Citigroup Inc. (C) | $19.83B | Financial Services |
| Mastercard Incorporated (MA) | $19.40B | Financial Services |
Frequently asked questions
What is JPMorgan Chase's operating income?
- Latest reported operating income for JPMorgan Chase (JPM) is $74.67B (period ending March 31, 2026).
How has JPMorgan Chase operating income changed year-over-year?
- JPMorgan Chase (JPM) operating income changed -3.3% year-over-year on the latest annual filing.
What is the long-term growth rate of JPMorgan Chase operating income?
- JPMorgan Chase (JPM) operating income compound annual growth rate is +15.2% over the most recent 5 years available.
When did JPMorgan Chase operating income hit its highest annual value?
- JPMorgan Chase operating income reached its highest annual value of $75.08B in 2024.
What was JPMorgan Chase operating income in 2024?
- JPMorgan Chase (JPM) operating income in 2024 was $75.08B.
What was JPMorgan Chase operating income in 2025?
- JPMorgan Chase (JPM) operating income in 2025 was $72.59B.
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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