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JPMorgan Chase is the largest US bank by assets, with leading positions in consumer banking, investment banking, and asset management.
For the fiscal year ended December 31, 2025, JPMorgan Chase & Co. reported revenue of $182.4B and net income of $57.0B, with operating cash flow of −$147.8B. Source: Form 10-K filed February 13, 2026
Reviewed · SEC data as of
Reported SEC XBRL figures. Each metric’s period and original filing are listed below.
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Its scale and diversification make it a bellwether for the financial system.
Reported figures from JPMorgan Chase & Co.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.
| Metric | Value | Period | Source |
|---|---|---|---|
| Revenue | $182.4B | 2025-01-01 – 2025-12-31 | SEC filing |
| Net income | $57.0B | 2025-01-01 – 2025-12-31 | SEC filing |
| Operating cash flow | −$147.8B | 2025-01-01 – 2025-12-31 | SEC filing |
| Diluted EPS | $20.02 | 2025-01-01 – 2025-12-31 | SEC filing |
| Net margin | 31.2% | 2025-01-01 – 2025-12-31 | SEC filing |
| Shares outstanding | 2.70B | As of 2026-01-31 | SEC filing |
Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.
Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.
For JPMorgan Chase & Co., the most important recurring operating and market variables are:
Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.
The 10-K reports 2025 net interest income of $95.4 billion, up 3%, driven by Markets NII and higher revolving card balances but offset by deposit margin compression and lower rates; NII excluding Markets was flat at $92.6 billion. Read the Consumer & Community Banking discussion for the deposit and card dynamics behind the firmwide number.
The provision for credit losses was $14.2 billion in 2025 versus $10.7 billion in 2024, with net charge-offs of $9.8 billion and a $4.4 billion allowance build that included $2.2 billion tied to the Apple Card transaction. Nonperforming assets rose 11% to $10.4 billion; compare these with the loan growth in each segment.
The Standardized CET1 ratio was 14.6% at year-end 2025 against an 11.5% requirement including a 2.5% stress capital buffer, and the 10-K notes that the U.S. Basel III endgame proposal has not been finalized. Track Key Regulatory Developments in Item 7 for changes that would alter the capacity for buybacks.
Audited 2025 net income was $57.0 billion, or $20.02 per share, on net revenue of $182.4 billion, with the Commercial & Investment Bank earning $27.8 billion and Asset & Wealth Management $6.5 billion on AUM of $4.8 trillion. Fee-driven businesses grew faster than lending, so check how much of the result depends on Markets and banking activity.
Operating cash flow was −$147.8B, -2.59 times net income of $57.0B, for the fiscal year ended December 31, 2025.
Cash from operations trailed reported earnings. Working-capital build (receivables, inventory, prepayments) or non-cash gains are the usual reasons; check the cash-flow statement before relying on reported profit.
Net income was 31.2% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.
Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.
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| Politician | Trade date | Type | Owner | Amount | Source |
|---|---|---|---|---|---|
| Sheldon Whitehouse | 2026-09-04 | Sale | Spouse | $15,001 - $50,000 | Filing #6bf3b6f7-9e1b-499a-bd5a-990292ce2e72 |
| Sheldon Whitehouse | 2026-09-04 | Sale | Self | $15,001 - $50,000 | Filing #6bf3b6f7-9e1b-499a-bd5a-990292ce2e72 |
| C. Franklin | 2026-08-20 | Sale | Self | $1,001 - $15,000 | Filing #20035450 |
| C. Franklin | 2026-08-20 | Sale | Spouse | $1,001 - $15,000 | Filing #20035450 |
| John Boozman | 2026-07-23 | Sale | Joint | $1,001 - $15,000 | Filing #28e465df-caf1-4a98-8ebc-605e1e1ba99b |
| Sheldon Whitehouse | 2026-04-13 | Sale | Self | $15,001 - $50,000 | Filing #747b4aac-bbc9-4636-bf0f-95b0454e39d9 |
| Lizzie Fletcher | 2026-04-08 | Sale | Self | $1,001 - $15,000 | Filing #20034413 |
| Alan Armstrong | 2026-03-27 | Sale | Self | $15,001 - $50,000 | Filing #fda235b3-bad7-4637-8fa1-053f354d929c |
| David Taylor | 2026-01-29 | Purchase | Self | $1,001 - $15,000 | Filing #20033916 |
| David Taylor | 2026-01-29 | Purchase | Self | $1,001 - $15,000 | Filing #20033918 |
All verified JPM congressional disclosures
Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.
JPMorgan Chase is the largest US bank by assets, with leading positions in consumer banking, investment banking, and asset management.
For the fiscal year ended December 31, 2025, JPMorgan Chase & Co. reported revenue of $182.4B and net income of $57.0B, with operating cash flow of −$147.8B. The figures come from JPMorgan Chase & Co.'s SEC XBRL filings.
The SEC lists JPMorgan Chase & Co.'s fiscal year end as December 31.
The current verified House and Senate snapshot contains 64 transaction rows for JPM, each linked to the original filing.
JPMorgan Chase & Co. is headquartered in New York, New York and was founded in 1799.
This page does not rate JPM as a buy or sell. It sets out what JPMorgan Chase & Co. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.
This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.
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