JPMorgan Chase Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Quarter Ended	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	+73 Quarters
Revenue	38,574	39,874	41,307	38,349	34,547	32,716	30,715	30,717	29,257	29,647	30,479	32,266	29,335	29,255	33,075	28,286	28,606	29,291	28,747	29,123	25,863	27,260	27,753	27,907	24,457	25,578	25,731	24,939	24,277	24,673	24,380	23,239	22,885	22,780	23,812	24,066	22,750	24,469	24,678	23,215	Upgrade
Revenue Growth (YoY)	11.66%	21.88%	34.48%	24.85%	18.08%	10.35%	0.77%	-4.80%	-0.27%	1.34%	-7.85%	14.07%	2.55%	-0.12%	15.06%	-2.87%	10.61%	7.45%	3.58%	4.36%	5.75%	6.58%	7.86%	11.90%	0.74%	3.67%	5.54%	7.32%	6.08%	8.31%	2.39%	-3.44%	0.59%	-6.90%	-3.51%	3.67%	-4.88%	5.85%	-2.11%	-7.59%	Upgrade
Gross Profit	38,574	39,874	41,307	38,349	34,547	32,716	30,715	30,717	29,257	29,647	30,479	32,266	29,335	29,255	33,075	28,286	28,606	29,291	28,747	29,123	25,863	27,260	27,753	27,907	24,457	25,578	25,731	24,939	24,277	24,673	24,380	23,239	22,885	22,780	23,812	24,066	22,750	24,469	24,678	23,215	Upgrade
Selling, General & Admin	19,368	19,055	18,236	18,468	17,281	17,565	17,156	17,773	16,378	15,904	16,403	17,189	14,705	14,984	15,659	15,367	14,830	15,138	14,974	15,287	14,056	14,225	14,411	14,725	13,421	13,264	13,195	13,556	13,192	12,799	12,714	12,412	11,892	12,311	12,526	12,692	12,167	12,791	12,598	12,572	Upgrade
Other Operating Expenses	5,118	2,702	2,586	1,639	1,741	1,613	1,593	1,418	1,510	1,159	1,264	1,536	1,343	1,891	1,283	1,424	1,463	1,234	1,282	1,108	1,418	1,398	1,560	1,355	1,474	1,306	1,572	1,727	1,542	1,664	924	1,425	2,371	3,057	1,974	2,191	3,242	3,007	2,833	2,064	Upgrade
Operating Expenses	24,486	21,757	20,822	20,107	19,022	19,178	18,749	19,191	17,888	17,063	17,667	18,725	16,048	16,875	16,942	16,791	16,293	16,372	16,256	16,395	15,474	15,623	15,971	16,080	14,895	14,570	14,767	15,283	14,734	14,463	13,638	13,837	14,263	15,368	14,500	14,883	15,409	15,798	15,431	14,636	Upgrade
Operating Income	14,088	18,117	20,485	18,242	15,525	13,538	11,966	11,526	11,369	12,584	12,812	13,541	13,287	12,380	16,133	11,495	12,313	12,919	12,491	12,728	10,389	11,637	11,782	11,827	9,562	11,008	10,964	9,656	9,543	10,210	10,742	9,402	8,622	7,412	9,312	9,183	7,341	8,671	9,247	8,579	Upgrade
Other Expense / Income	3,198	1,850	3,360	2,704	2,699	2,019	1,555	1,900	-816	-1,069	-1,833	-3,707	-1,451	1,039	10,895	8,719	1,856	1,988	1,609	1,921	1,972	1,380	1,646	1,639	1,759	1,922	1,689	1,788	1,341	1,745	1,874	2,298	1,532	1,216	1,449	1,421	1,282	1,194	1,104	1,226	Upgrade
Pretax Income	10,890	16,267	17,125	15,538	12,826	11,519	10,411	9,626	12,185	13,653	14,645	17,248	14,738	11,341	5,238	2,776	10,457	10,931	10,882	10,807	8,417	10,257	10,136	10,188	7,803	9,086	9,275	7,868	8,202	8,465	8,868	7,104	7,090	6,196	7,863	7,762	6,059	7,477	8,143	7,353	Upgrade
Income Tax	2,019	3,582	3,114	3,345	2,229	2,264	2,216	1,781	2,258	2,424	3,149	3,397	3,040	2,326	973	345	2,366	2,325	1,690	2,054	1,775	2,309	2,256	1,950	4,022	2,824	2,720	1,893	1,952	2,653	3,140	2,058	1,937	-74	2,087	2,310	1,570	2,349	2,575	2,460	Upgrade
Net Income	8,871	12,685	14,011	12,193	10,597	9,255	8,195	7,845	9,927	11,229	11,496	13,851	11,698	9,015	4,265	2,431	8,091	8,606	9,192	8,753	6,642	7,948	7,880	8,238	3,781	6,262	6,555	5,975	6,250	5,812	5,728	5,046	5,153	6,270	5,776	5,452	4,489	5,128	5,568	4,893	Upgrade
Net Income Growth	-16.29%	37.06%	70.97%	55.42%	6.75%	-17.58%	-28.71%	-43.36%	-15.14%	24.56%	169.54%	469.77%	44.58%	4.75%	-53.60%	-72.23%	21.82%	8.28%	16.65%	6.25%	75.67%	26.92%	20.21%	37.87%	-39.50%	7.74%	14.44%	18.41%	21.29%	-7.30%	-0.83%	-7.45%	14.79%	22.27%	3.74%	11.42%	-8.41%	-	-8.74%	-20.19%	Upgrade
Shares Outstanding (Basic)	2,915	2,928	2,944	2,969	2,963	2,961	2,962	2,977	2,977	3,000	3,037	3,074	3,080	3,078	3,076	3,096	3,140	3,199	3,251	3,298	3,336	3,376	3,415	3,458	3,494	3,535	3,574	3,602	3,611	3,638	3,676	3,711	3,837	3,694	3,708	3,725	3,731	3,755	3,781	3,787	Upgrade
Shares Outstanding (Diluted)	2,919	2,932	2,948	2,973	2,967	2,965	2,966	2,981	2,981	3,005	3,042	3,079	3,085	3,083	3,081	3,101	3,148	3,207	3,260	3,308	3,347	3,394	3,435	3,480	3,516	3,560	3,599	3,630	3,647	3,670	3,706	3,738	3,868	3,726	3,744	3,758	3,765	3,789	3,813	3,824	Upgrade
Shares Change	-1.61%	-1.12%	-0.61%	-0.28%	-0.47%	-1.32%	-2.49%	-3.18%	-3.37%	-2.52%	-1.27%	-0.70%	-1.98%	-3.88%	-5.48%	-6.27%	-5.97%	-5.51%	-5.10%	-4.92%	-4.80%	-4.64%	-4.57%	-4.16%	-3.57%	-3.00%	-2.89%	-2.87%	-5.72%	-1.50%	-1.00%	-0.53%	2.73%	-1.67%	-1.81%	-1.73%	-0.84%	0.58%	-0.05%	-0.61%	Upgrade
EPS (Basic)	3.05	4.33	4.76	4.11	3.57	3.13	2.77	2.64	3.34	3.74	3.79	4.51	3.79	2.93	1.39	0.79	2.58	2.69	2.83	2.65	2.00	2.35	2.31	2.38	1.09	1.77	1.83	1.66	1.73	1.60	1.56	1.36	1.33	1.70	1.56	1.46	1.20	1.37	1.47	1.29	Upgrade
EPS (Diluted)	3.05	4.33	4.75	4.10	3.58	3.12	2.76	2.63	3.34	3.74	3.78	4.50	3.79	2.92	1.38	0.78	2.57	2.68	2.82	2.65	2.00	2.34	2.29	2.37	1.09	1.76	1.82	1.65	1.71	1.58	1.55	1.35	1.32	1.68	1.54	1.45	1.20	1.35	1.46	1.28	Upgrade
EPS Growth	-14.80%	38.78%	72.10%	55.89%	7.19%	-16.58%	-26.98%	-41.56%	-11.87%	28.08%	173.91%	476.92%	47.47%	8.96%	-51.06%	-70.57%	28.50%	14.53%	23.14%	11.81%	83.49%	32.95%	25.82%	43.64%	-36.26%	11.39%	17.42%	22.22%	29.55%	-5.95%	0.65%	-6.90%	10.00%	24.44%	5.48%	13.28%	-6.98%	-	-8.75%	-19.50%	Upgrade
Free Cash Flow	60,231	45,119	18,865	-111,241	101,222	-18,204	66,018	-41,917	85,095	23,331	13,530	-43,872	-28,052	-14,688	82,919	-120,089	82,811	16,015	-13,854	-80,880	1,849	13,189	35,685	-35,109	12,554	-4,895	4,073	-22,559	40,599	4,192	-1,524	-21,383	16,167	25,124	17,296	14,879	28,746	-2,449	-4,371	14,667	Upgrade
Free Cash Flow Per Share	20.66	15.41	6.41	-37.47	34.16	-6.15	22.29	-14.08	28.59	7.78	4.46	-14.27	-9.11	-4.77	26.95	-38.79	26.37	5.01	-4.26	-24.52	0.55	3.91	10.45	-10.15	3.59	-1.39	1.14	-6.26	11.24	1.15	-0.41	-5.76	4.21	6.80	4.67	3.99	7.71	-0.65	-1.16	3.87	Upgrade
Dividend Per Share	1.050	1.000	1.000	1.000	1.000	1.000	1.000	1.000	1.000	0.900	0.900	0.900	0.900	0.900	0.900	0.900	0.900	0.800	0.800	0.800	0.800	0.560	0.560	0.560	0.560	0.500	0.500	0.480	0.480	0.480	0.440	0.440	0.440	0.440	0.400	0.400	0.400	0.400	0.380	0.380	Upgrade
Dividend Growth	5.00%	0%	0%	0%	0%	11.11%	11.11%	11.11%	11.11%	0%	0%	0%	0%	12.50%	12.50%	12.50%	12.50%	42.86%	42.86%	42.86%	42.86%	12.00%	12.00%	16.67%	16.67%	4.17%	13.64%	9.09%	9.09%	9.09%	10.00%	10.00%	10.00%	10.00%	5.26%	5.26%	5.26%	5.26%	26.67%	26.67%	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	Upgrade
Operating Margin	36.52%	45.44%	49.59%	47.57%	44.94%	41.38%	38.96%	37.52%	38.86%	42.45%	42.04%	41.97%	45.29%	42.32%	48.78%	40.64%	43.04%	44.11%	43.45%	43.70%	40.17%	42.69%	42.45%	42.38%	39.10%	43.04%	42.61%	38.72%	39.31%	41.38%	44.06%	40.46%	37.68%	32.54%	39.11%	38.16%	32.27%	35.44%	37.47%	36.95%	Upgrade
Profit Margin	23.00%	31.81%	33.92%	31.79%	30.67%	28.29%	26.68%	25.54%	33.93%	37.88%	37.72%	42.93%	39.88%	30.82%	12.89%	8.59%	28.28%	29.38%	31.98%	30.06%	25.68%	29.16%	28.39%	29.52%	15.46%	24.48%	25.48%	23.96%	25.74%	23.56%	23.49%	21.71%	22.52%	27.52%	24.26%	22.65%	19.73%	20.96%	22.56%	21.08%	Upgrade
Free Cash Flow Margin	156.14%	113.15%	45.67%	-290.08%	293.00%	-55.64%	214.94%	-136.46%	290.85%	78.70%	44.39%	-135.97%	-95.63%	-50.21%	250.70%	-424.55%	289.49%	54.68%	-48.19%	-277.72%	7.15%	48.38%	128.58%	-125.81%	51.33%	-19.14%	15.83%	-90.46%	167.23%	16.99%	-6.25%	-92.01%	70.64%	110.29%	72.64%	61.83%	126.36%	-10.01%	-17.71%	63.18%	Upgrade
Effective Tax Rate	18.54%	22.02%	18.18%	21.53%	17.38%	19.65%	21.29%	18.50%	18.53%	17.75%	21.50%	19.70%	20.63%	20.51%	18.58%	12.43%	22.63%	21.27%	15.53%	19.01%	21.09%	22.51%	22.26%	19.14%	51.54%	31.08%	29.33%	24.06%	23.80%	31.34%	35.41%	28.97%	27.32%	-1.19%	26.54%	29.76%	25.91%	31.42%	31.62%	33.46%	Upgrade
EBITDA	14,227	18,286	17,632	17,187	14,497	13,290	12,200	11,446	14,116	15,581	16,648	19,318	16,865	13,482	7,387	4,973	12,596	13,076	12,928	12,845	10,492	12,249	12,063	11,985	9,435	10,665	10,779	9,332	9,648	9,872	10,204	8,393	8,363	7,444	9,101	8,943	7,245	8,624	9,361	8,561	Upgrade
EBITDA Margin	36.88%	45.86%	42.69%	44.82%	41.96%	40.62%	39.72%	37.26%	48.25%	52.56%	54.62%	59.87%	57.49%	46.08%	22.33%	17.58%	44.03%	44.64%	44.97%	44.11%	40.57%	44.93%	43.47%	42.95%	38.58%	41.70%	41.89%	37.42%	39.74%	40.01%	41.85%	36.12%	36.54%	32.68%	38.22%	37.16%	31.85%	35.24%	37.93%	36.88%	Upgrade
Depreciation & Amortization	3,337	2,019	507	1,649	1,671	1,771	1,789	1,820	1,931	1,928	2,003	2,070	2,127	2,141	2,149	2,197	2,139	2,145	2,046	2,038	2,075	1,992	1,927	1,797	1,632	1,579	1,504	1,464	1,446	1,407	1,336	1,289	1,273	1,248	1,238	1,181	1,186	1,147	1,218	1,208	Upgrade
EBIT	10,890	16,267	17,125	15,538	12,826	11,519	10,411	9,626	12,185	13,653	14,645	17,248	14,738	11,341	5,238	2,776	10,457	10,931	10,882	10,807	8,417	10,257	10,136	10,188	7,803	9,086	9,275	7,868	8,202	8,465	8,868	7,104	7,090	6,196	7,863	7,762	6,059	7,477	8,143	7,353	Upgrade
EBIT Margin	28.23%	40.80%	41.46%	40.52%	37.13%	35.21%	33.90%	31.34%	41.65%	46.05%	48.05%	53.46%	50.24%	38.77%	15.84%	9.81%	36.56%	37.32%	37.85%	37.11%	32.54%	37.63%	36.52%	36.51%	31.90%	35.52%	36.05%	31.55%	33.79%	34.31%	36.37%	30.57%	30.98%	27.20%	33.02%	32.25%	26.63%	30.56%	33.00%	31.67%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).