How JPMorgan Chase (JPM) Makes Money: A Visual Guide
JPMorgan Chase (JPM) generated $280.33B in revenue (TTM through Q4 2025), earning $57.05B in net profit (20.4% margin). Its largest revenue source is Commercial And Investment Bank (43% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
JPMorgan Chase (JPM) Income Statement Flow
Frequently asked questions
How does JPMorgan Chase (JPM) make money?
- JPMorgan Chase (JPM) primarily makes money through Commercial And Investment Bank, which accounts for 43% of total revenue. For TTM through Q4 2025, JPMorgan Chase generated $280.33B in total revenue with a net profit margin of 20.4%.
What is JPMorgan Chase (JPM) gross profit margin?
- JPMorgan Chase (JPM) reported a gross profit margin of 60% for TTM through Q4 2025, equivalent to $168.19B in gross profit. This means JPMorgan Chase retains 60% of each revenue unit after direct costs of production.
What is JPMorgan Chase (JPM) operating profit margin?
- JPMorgan Chase (JPM) reported an operating profit margin of 25.9% for TTM through Q4 2025, equivalent to $72.59B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is JPMorgan Chase (JPM) net profit margin?
- JPMorgan Chase (JPM) reported a net profit margin of 20.4% for TTM through Q4 2025, equivalent to $57.05B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
What is JPMorgan Chase (JPM) free cash flow?
- JPMorgan Chase (JPM) generated $100.87B in free cash flow for TTM through Q4 2025 (36.0% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is JPMorgan Chase (JPM) effective tax rate?
- JPMorgan Chase (JPM) had an effective tax rate of 21.4% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.