Filing Flows › JPMorgan Chase (JPM) › Q3 2026 › vs Q2 2026
JPMorgan Chase (JPM) Q3 2026 vs Q2 2026 (quarter over quarter)
JPMorgan Chase's revenue fell $7.2B (-13%) from $57.3B in Q2 2026 to $50.2B in Q3 2026. Operating margin 40.1% against 48.0% (-7.9 pts).
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 draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 40.1% | 48.0% | -7.9 pts |
| Net margin | 30.5% | 36.9% | -6.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $50.2B | $57.3B | −$7.2B | -13% |
| Operating profit | $20.1B | $27.5B | −$7.4B | -27% |
| Costs & expenses | $30.0B | $29.8B | $207M | +0.7% |
| Pre-tax earnings | $20.1B | $27.5B | −$7.4B | -27% |
| Sales & marketing | $1.9B | $1.7B | $247M | +15% |
| Other operating costs | $28.1B | $28.2B | −$40.0M | -0.1% |
| Net earnings | $15.3B | $21.2B | −$5.8B | -28% |
| Income tax | $4.8B | $6.4B | −$1.5B | -24% |
| Depreciation & amortization | $2.9B | $2.3B | $586M | +25% |
| Share-based compensation | $1.1B | $1.2B | −$61.0M | -5% |
| Working capital & other | $13.8B | −$49.9B | $63.8B | — |
| Operating cash flow | $33.2B | −$25.3B | $58.4B | — |
Questions
How much did JPMorgan Chase's revenue grow quarter over quarter in Q3 2026?
JPMorgan Chase's revenue fell $7.2B (-13%) from $57.3B in Q2 2026 to $50.2B in Q3 2026. Operating margin 40.1% against 48.0% (-7.9 pts).