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How JPMorgan Chase (JPM) makes money
JPMorgan Chase (JPM) made $50.2B of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Of every dollar of revenue, 40¢ was left as operating profit, 31¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $50.2B | 100.0% |
| Operating profit | $20.1B | 40.1% |
| Income tax | $4.8B | 9.6% |
| Net earnings | $15.3B | 30.5% |
| Operating cash flow | $33.2B | 66.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $50.2B | +8% |
| Q2 2026 | $57.3B | +28% |
| Q1 2026 | $49.8B | +10% |
| Q4 2025 | $45.8B | +7% |
| Q3 2025 | $46.4B | +9% |
From JPMorgan Chase's 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does JPMorgan Chase make money?
JPMorgan Chase (JPM) made $50.2B of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Of every dollar of revenue, 40¢ was left as operating profit, 31¢ was left as net earnings.
What is JPMorgan Chase's profit margin?
Net earnings were $15.3B, 30.5% of revenue, in the third quarter 2026; the operating margin was 40.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.