Filing Flows › JPMorgan Chase (JPM) › Operating margin
JPMorgan Chase (JPM) operating margin by quarter
JPMorgan Chase's operating margin was 40.1% in Q3 2026 (third quarter 2026), -7.9 pts from Q2 2026. Over the last 5 quarters it ranged from 37.5% (Q4 2025) to 48.0% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 40.1% | -7.9 pts | -0.2 pts |
| Q2 2026 | 48.0% | +6.9 pts | — |
| Q1 2026 | 41.1% | +3.6 pts | — |
| Q4 2025 | 37.5% | -2.9 pts | — |
| Q3 2025 | 40.4% | — | — |
Q3 2026 at a glance
JPMorgan Chase, Q3 2026: revenue $50.2B (+8% year over year), operating margin 40.1%, net earnings $15.3B, operating cash flow $33.2B. The chart follows the revenue to costs, profit and cash.
Questions
What is JPMorgan Chase's operating margin?
JPMorgan Chase's operating margin was 40.1% in Q3 2026 (third quarter 2026), -7.9 pts from Q2 2026.
How has JPMorgan Chase's operating margin changed?
Over the last 5 quarters it ranged from 37.5% (Q4 2025) to 48.0% (Q2 2026).